By Selena Hill (staff@latinospost.com) | First Posted: Mar 11, 2013 10:01 PM EDT

Steven Tyler was spotted cruising in Hollywood in his exclusive $1.1 million car after attending a charity event over the weekend.

On Sunday, the rock star performed with Joe Perry at the Stuart House benefit before going on a joy ride in his Hennessey Venom GT Spyder, the world's fastest legal convertible. The car, which can hit 200 mph in under 16 seconds, is one of only five in existence.

"Steven came to us last year and asked if we could build his Venom GT as a roadster," said car maker John Hennessey. "We had to make a few structural changes to our integrated rollcage in order to be able to fit the removable top. This increased the weight of our vehicle by about 30 lbs to a curb weight of 2743 lbs (1244 kilograms). We decided to increase the Venom GTs power to 1244 bhp to maintain our 1 horsepower per 1 kilogram power to weight ratio."

The "American Idol" judge's custom-made Venom GT was built according to his specific drop-top and motor requests and is faster than any other vehicle, including the Bugatti's Veyron which it beats by 8 mph.

Basic versions cost $950,000, but the Tyler's rendition crossed the million dollar mark due to his removable hardtop roof. Additionally, the car includes his request for a 7.0-liter, twin-turbo V8 engine.

Here’s a video of Tyler  in his $1.1 million car.

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