Casil Motors has announced plans to create the “the ultimate enthusiast driven supercar, uninterrupted by modern electronic aids and built from the ashes of Bugatti.”

While the company isn’t a household name, Casil was previously known as PSC Motors and they developed the SP-200 SIN concept which was slated to have a 9.0-liter V8 engine, an output of at least 1650 hp (1230 kW), and a top speed in excess of 280 mph (450 km/h). Given the insane performance figures, it’s not exactly surprising the car never went anywhere.

The company is hoping for better luck this time around as Casil CEO Antonio Calva intends to put the ill-fated Edonis into production nearly 17 years after it was introduced.

For those unfamiliar with the story of the Edonis, Calva says it sprung out of the bankruptcy of Bugatti in the 1990’s. A group of former employees joined forces and pooled their money together to purchase 17 carbon fiber tubs that were destined to be used for EB110 production. The team had plans to build a supercar of their own, called the Edonis, but things never worked out.

Casil acquired the rights to the project last year and now intends to bring the it to fruition. The car is slated to have a hand-crafted aluminum body which rides on top of a slightly modified tub and chassis sourced from the EB110.

Motivation is slated to come from a twin-turbo 3.8-liter 12-cylinder engine that develops 720 hp (536 kW). It will be connected to a six-speed manual transmission which sends power to the rear wheels. The company claims this will enable the car to accelerate from 0-60 mph in 3.4 seconds before hitting a top speed in excess of 220 mph (354 km/h).

Calva says the car is in the “final stages of development” and everything is ready for production which will begin very soon. If everything works out, the company will build 15 units for $849,190 (€690,000) a pop.