Magnum Cars began in Quebec when Jean-Pierre St-Jacques built and raced his own Formula Vee before going on to create the Mangum Mk1 Formula Ford car in 1970. Gilles Villeneuve joined on to race in 1973, and drove a Magnum car to a championship title in Formula Ford. Since then, Magnum has created more racing cars and parts, and Jean-Pierre St-Jacques has continued running the company with his son Bruno. Now, Magnum has taken the wraps of its newest race car, this one with the ability to be enjoyed on the road as well as the track.