Ineos has revealed its brand-new pick-up truck, the Ineos Grenadier Quartermaster at the Goodwood Festival of Speed.

Based on the previously launched Grenadier station wagon, the new double cab pick-up uses an extended ladder frame chassis to create a large load bed.

The chassis extension is 305mm creating a cargo area that is 1,564mm long and 1,619mm wide. The downside, however, is that the Ineos Grenadier Quartermaster only has a 760kg payload. That means that although classified as an N1 commercial vehicle, like the Ford Ranger Raptor the Quartermaster is not classed as a commercial vehicle for tax purposes and businesses will not be able to reclaim the VAT.

Despite the payload, the Quartermaster is, on paper, a highly impressive machine with a 3,500kg towing capacity, 264mm of ground clearance and 800mm wading depth.

The rear also gets four tie-down rings in the load space (Utility Rails optional), a 400W power take-off, an integrated mounting bar, and a 1,280mm tailgate capable of supporting up to 225kg when open.

Power comes from a BMW 3.0-litre turbo-charged inline six-cylinder petrol or diesel engine. Paired to an eight-speed ZF automatic gearbox.

It has a locking centre differential and a two-speed transfer case. Front and rear diff locks are also optional.

Three different versions of the Ineos Grenadier Quartermaster will be available with a standard Quatermaster, Quatermaster Trailmaster and Quatermaster Fieldmaster. Prices start at £66,215 which is considerably more than the on-road £59,530.64 price for a Ranger Raptor. Prices for diesel and petrol models are the same, but Trailmaster and Fieldmaster models will both cost £73,715.

The Trailmaster is focused on extreme off-roading and gets front and rear differentials as standard, while the Fieldmaster gets more upmarket features like larger 18-inch alloy wheels, safari windows and a premium sound system.

The Ineos Grenadier Quartermaster will also be available with a range of accessories including a waterproof canvas canopy or a lockable roller tonneau cover. There’s a roof rack, and other options including jerry cans, sand ladders and shovels.