The Honda CR-Z Mungen concept has been underway for some time, getting prepped for an unveiling at the 2011 Goodwood Festival of Speed in July.

We at Larry Hopkins Honda could not be more excited for the concept which is a supercharged version of the CR-Z.  However, Honda UK and the in-house tuning shop, Mugen Euro, collaborated together to create this beast. The team combined a 1.5-liter i-VTEC engine with a supercharger and Honda's IMA system. Exact power output of the supercharged hybrid engine is still unknown, but rumors have suggested a 0 - 60 mph time around that…