Jaguar’s special projects division has churned out a 600-horsepower, all-wheel-drive super-sedan with an appetite for racetracks.

Another track, another record to beat. Will the Jaguar Project 8 dethrone Willow Springs’ current hot lap record-holder: the Cadillac CTS-V?

Jaguar is in the midst of a radical reinvention that will see it move upmarket to rival Bentley, abandoning its previous positioning as a competitor to Audi, BMW, and Mercedes-Benz. Moving forward, it ...