Pre-orders for Japan’s Aspark Owl have just opened and all it will take to secure one is a casual deposit of $1.15 million. Yep, seriously. The final price also comes out at $3.6 million.

The little-known Japanese automaker has been developing the Owl for quite some time and is promising to deliver a vehicle to customers that can accelerate to 62 mph (100 km/h) in just 1.99 seconds with street-legal tires. In February, an Owl with racing slicks clocked a 1.89 second sprint to 62 mph.

The reason behind the Owl’s mind-blowing performance is its all-electric powertrain that delivers the equivalent of 1150 hp and 652 lb-ft (885 Nm) of torque. The car also makes use of carbon fiber throughout its construction and has a dry weight of roughly 1500 kg (3306 lbs).

Aspark is currently showing off the production-spec Owl at the Paris Auto Show and looking for rich clients to either put up or shut up. In fact, the aforementioned $1.15 million deposit is non-refundable and budding owners won’t be able to test drive one for at least another year. Despite all of this, Aspark expects to find 50 customers willing to take the risk, Bloomberg reports.

Beyond the Owl’s potent acceleration abilities, it will allegedly be able to accelerate up to 280 km/h (173 mph) and travel 300 km (186 miles) on a single charge.

Aspark may be able to find 50 customers if it had the electric hypercar market all to itself. However, it doesn’t. Instead, vehicles from the likes of Rimac and Pininfarina are all promising better performance than the Owl for less money. The next-generation Tesla Roadster is also expected to have a performance advantage over the Aspark.