Yes you are correct d3syd! Well done! I just went out again and met the driver in person at the petrol station. He said it was a Skelta (my mistake on the rear www). He mentioned it has a 350HP supercharged engine. Looked like the panels were made from carbon fibre. Apparently it is one of only SIX made so far and he will be entering it in the targa tasmania.
I just had a look at the website and it states it weighs only 715kg.