The automotive brand from Blackpool, England will once again rise from the ashes as AutoCar UK recently reported that it is now under new management and that the company has already finished designing their first two cars.

“This is a unique opportunity to be part of the revival of a great British marque. We are a well-funded, well-supported organization that boasts a vastly experienced management team and a clear 10-year master plan for both product and business development,” said TVR Operations Director John Chasey.

Set to make its comeback sometime in 2017 with a total of four cars, new TVR automobiles will now be designed by renowned automotive design guru and McLaren F1 creator Gordon Murray, while engines will likely be sourced from Chevrolet or Ford with upgrades courtesy of Cosworth.

The design theme of the new TVRs was not revealed but will carry similar dimensions and appearance of mid-2000 models like the Sagaris (pictured above), Tuscan and Typhon. The chassis on the other hand may be constructed out of steel tubes while body panels will likely be made of composite or aluminum panels.

The planned motor for the car will likely be a naturally-aspirated V8 that will be tuned by Cosworth, paired up with a 6-speed manual transmission. Curb weight is expected to be around 1100kg while a bodykit with front and rear splitters will help provide additional downforce.

Pricing of the cars have not yet been revealed but it is estimated that prices will start at GBP 60,000 (about PhP 4.1 million) while the most expensive model will retail for GBP 80,000 (about PhP 5.5 million).

TVR was previously owned by Russian businessman Nikolay Smolensky who bought it from then owner Peter Wheeler for a rumored GBP 15 million (about PhP 1 billion).

Source: AutoCar UK