Wiesmann has released more details about its upcoming comeback with the ‘Project Gecko’, a new hand-built sports car that’s designed as a modern take on the cult MF5.

Project Gecko will be engineered and built at Wiesmann’s original factory in Dülmen, Germany, based on an all-new lightweight platform. The exterior design is being described as an evolution of the brand’s characteristic retro look while power will come from BMW M’s twin-turbo 4.4-liter V8 engine, originaly found in models like the M5.

Also Read: New Wiesmann Sports Car Teased, Could Use The BMW M5’s Twin-Turbo V8

Like the MF 5, Wiesmann’s new sports car will have a front-mid engine setup and rear-wheel drive while the transmission will probably be the same automatic unit as found in the V8-powered BMW M models.

The partnership between Wiesmann and BMW will continue into the company’s new era, meaning that both powertrain and electrical systems will come from Munich, as it was always the case with the niche sports car maker.

Wiesmann’s relaunch is headed by Roheen Berry, who’s working with his brother Sahir on the project, which started three years ago. “This last true independent manufacturer of German sports cars is back and has an exciting future to look forward to,” said Roheen Berry. “When we set out on this journey we said we wanted to re-engineer an icon and we are on track to do exactly that.”

Wiesmann’s ‘Project Gecko’ will morph into a sports car that’s up to the latest standards in order to conform to regulations in key markets. Production of the new model will start in 2020, with more technical details to be announced over the coming months.