Lazarev has teamed up with construction firm Vector to manufacture 100 of the vehicles; the futuristic design was first proposed to Lada manufacturer AvtoVAZ last year.
However, Lada politely declined the chance to become the makers of the first Russian supercar:
"AvtoVAZ's market segment is mass models, predominantly for users with a family. A low-riding sports car without a trunk is not our style," said Avtovaz.
"Right now, a team of engineers have decided to make Dimitry's dream a reality. The construction firm Vector has started production on a limited number of the supercars, under the brand 'Vector Raven," announced the team.
In keeping with its reputation as a producer of more practical vehicles Lada's latest innovation is the Vesta Cross Concept, an off road vehicle which will be unveiled at the Moscow Off-Road Show 2015, at the end of August.