If there’s one thing most car enthusiasts regret about Sergio Marchionne’s reign at Fiat Chrysler it’s the fact that he let the Lancia brand die a slow and painful death.

Sure, Lancia built a new Delta, but it had nothing to do with the original model that brought the brand so many rallying victories and street credibility in the 1980s.

As you may have heard, there is a new Lancia Delta coming our way, but the company behind it is not FCA. Automobili Amos, a small Italian firm founded by racing driver Eugenio Amos, teased its Lancia Delta restomod earlier this year, and now it’s releasing more juicy details.

Officially called Automobili Amos Lancia Delta Futurista, the project will be unveiled at the Grand Basel show (September 6-9) in Switzerland. Boasting a Verde Brinzio paintwork, the Delta has been entirely redesigned. It features a wider aluminum body crafted by hand, a carbon fiber front, completely reworked engine and mechanicals, and a superb interior inspired by the Group B Delta S4 Stradale.

Despite the many changes it adopts (the most obvious of which is the ditching of the rear doors), the Delta Futurista manages to retain the character and spirit of the original all-wheel-drive hatchback. That was something Eugenio Amos strived for all along.

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“This car means a lot to me. It represents my romantic vision in a world that is too aseptic, too fast, that runs like the wind, superficial and intangible. This car means that I had enough of the car world, both as a client before and as a manufacturer now,” he writes in an Instagram post.

He goes on to describe the car as “pure, analog, raw and essential,” and explains he chose the Delta because it’s the car that made him “fall in love with cars in the first place” at the age of seven. Although he talks about passion, nostalgia, and euphoria, which are feelings that cannot be measured in numbers, Eugenio Amos does disclose three key numbers about the Delta Futurista.

Thanks to the lightweight construction, the car tips the scales at 1,250 kg (2,756 lb) and has about 330 horsepower — it uses the standard Delta Integrale 16v model as a donor vehicle. In an era of sophisticated hypercars, that doesn’t make for a particularly spectacular power-to-weight ratio, but who cares about that? It’s a reborn Lancia Delta that looks fantastic and should drive even better than the original.

There’s only one (and very serious) drawback we can think of: it costs €300,000 (about $347,000).