Shanghai supercar show third edition sees Ferrari, Lamborghini, Maserati, Pagani, Bugatti, Koenigsegg and more at F1 circuit (Photos)

An annual event, now well into its third year, Supermotor Gala or popularly known as Shanghai supercar show saw participation of over 450 supercars this year. The cars that participated include Aston Martin, Bugatti, Pagani, Koenigsegg, Lamborghini, Ferrari, Maserati, Nissan GT-R, Porsche, BMW, AUDI, Mercedes Benz AMG, and many more.

Shanghai supercar show took place earlier this weekend at the Formula 1 circuit in Shanghai. The event is organized so that supercar owners in China can interact and compete with each other in their very own machines at an international track. The event saw participation from approximately 900 supercar owners across China, some of them just came without their car to witness this mega event.

Not all supercars here at the circuit are from Shanghai. Some of the owners have specially flown their vehicles all the way to the event in order to experience driving alongside fellow supercar owners. Some drove down and spent the weekend at fancy hotels in Shanghai. Some owners have actually bought brand new supercars and have them delivered at the circuit in order to participate.

The number of millionaires in China is increasing very rapidly, and so is the number of people buying expensive cars in China. Car industry in China is growing exponentially at a time when the same industry is trying to maintain a steady growth rate elsewhere around the world due to global economy crisis. Almost every leading car manufacturer in the world today is expanding their network in China. Supercar manufacturers are expecting even further rise in demand from Chinese car buyers over the next few years.

The number of supercar event being held in China has also gone up. Just in May this year, around 80 supercars had gathered at the same circuit. Their collective value was pegged at approximately $80 million. In the same month, a Bugatti meet too was organized, again at the same venue. All in all, China is all set to become the supercar hub of the world.

Click here for more images.