The company was founded in 1993 by Christian v. Koenigsegg, with the intention of producing a world-class supercar. Based on Formula One technology, the car was required to be a two-seater, midengine layout with a hardtop. The initial design was drawn by Christian von Koenigsegg. Then he went with his sketches to Industrial Designer David Crafoord in order for him to realize the sketches into a scale 1:5 model. David then laid his personal touch to design brief and finished the model. This model was later scaled up by Sven-Harry Åkesson in order to create the base plug for the initial Koenigsegg Prototype that was finished in 1996. During the coming years the prototype went through extensive testing and several new prototypes were built. Koenigsegg Automotive AB [ˈkəːnɪgsɛg] is a Swedish manufacturer of high-performance cars based initially in Olofström, later moving to Margretetorp, just outside Ängelholm.