Heads up, weekend racers: Audi has officially pulled back the sheets on its TT GT4 Concept. Designed to be the next logical step in the company’s customer sports program, the racer will supposedly bring a relatively low price tag to the table when it arrives as a production model in 2012, but for the moment, it’s been confined to some demo laps at Shanghai’s DTM over the weekend with racer Frank Biela behind the wheel.
The racer comes complete with a 340-horsepower TFSI engine back by the company’s S-Tronic DSG gearbox and a limited-slip differential. Buyers will also find a set of adjustable dampers on hand for improved tuning, as well as carbon fiber reinforced plastic skins on the doors, hood and trunk lid.
How much will you be asked to pay for the privilege of owning such a piece of machinery? Chances of this vehicle making it to the States seem pretty slim, but Audi says that European buyers can look to fork over around €120,000 (around $157k USD). That’s probably a small bargain in the world of privateer ready-to-race cars, but it also goes some way toward reinforcing that people have a slightly different definitions of “affordable.” Check out the official press release after the jump and our high-res gallery below.