Czech racing firm Praga introduced this stunning track car concept dubbed R1. The lightweight track car is powered by a 2.0-Liter Renault Sport engine mounted to a six-speed Hewland JFR sequential transmission. The engine produces 210 Hp but that should be enough for R1 to be a real track beast since it only weights 590 Kg (1300 pounds) thanks to the extensive use of carbon fiber. This track toy will cost €98,000. More pictures of the Czech track car in the gallery below and presentation video after the jump.