Yes folks there’s a new Android smartphone on its way, but only for those that have a bundle of cash at their disposal, as Teg Heuer has now revealed their latest luxury smartphone, the Tag Heuer Racer, a device that has been inspired by GT and Formula 1 racing cars of course.

According to the guys over at Android Community, the Tag Heuer Racer smartphone is a Swiss engineered handset that will be lightweight and strong due to being manufactured from the finest materials available such as carbon fibre.

The Tag Heuer Racer is said to pack a 3D user interface along with the latest Android operating system so one can pressure that would be Android Ice Cream Sandwich, although that hasn’t quite been confirmed.

Basically though other than that there’s not a great deal of detail available spec wise on the new luxury Android device, but we do know when the Tag Heuer Racer will become available and how much this Android smartphone will hit your bank account for.

The Tag Heuer Racer will be available in July and command a price tag of €2800, roughly US$3700 although apparently that is the starting price and higher models will of course cost you more, and if you would like to know more about the Tag Heuer Racer you’ll need to sign up (here).

We do have a quick promotional video of the Tag Heuer Racer Android smartphone for your viewing pleasure below, so head on down and mash that play button to check out the device…enjoy.