Color Palette:
1. Color Name: Midnight Black
   Hex Code: 
                            
                            #000000
                        
   Palette Description: A sleek and sophisticated black color reminiscent of the night sky, representing elegance and power.

2. Color Name: Racing Red
   Hex Code: 
                            
                            #FF0000
                        
   Palette Description: A vibrant and intense red color symbolizing speed, passion, and energy, perfect for a sportscar company.

3. Color Name: Carbon Grey
   Hex Code: 
                            
                            #808080
                        
   Palette Description: A modern and stylish grey color resembling carbon fiber, representing strength, innovation, and high-tech design.

4. Color Name: Electric Blue
   Hex Code: 
                            
                            #00BFFF
                        
   Palette Description: A bold and electrifying blue color that conveys a sense of speed, agility, and technological advancement.

5. Color Name: Purple Haze
   Hex Code: 
                            
                            #7D26CD
                        
   Palette Description: A deep and mysterious purple color inspired by the night sky, adding a touch of luxury, sophistication, and uniqueness to the palette.