UK-based engineering firm and Ferrari specialist GTO Engineering has revealed the first details about its latest project.

Following the reveal of the 250 SWB Revival recreation, GTO Engineering is now developing a sub-1,000 kg (2,204 lbs) sports car “celebrating the best of Sixties motoring with modern and motorsport-derived engineering”.

Codenamed Moderna, the new car will be made by hand and sold under the GTO Engineering name. The company says the ethos of the new project is to push the boundaries of modern craftsmanship using new materials and the learnings the team has has building and maintaining a range of road- and race-oriented Ferraris since 1991.

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The Moderna will use a tubular steel chassis with lightweight yet high-strength aluminum subframes, while the main body will be made of F1-spec carbon fiber – a first for a GTO Engineering product.

The car will also feature aluminum doors and bonnet to save weight while also maintaining a 1960s sports car feel. The company also aims to give the Moderna a racing twist by adding motorsport-derived components for increased driver engagement, enjoyment and usability. Those will include independent all-round suspension and large diameter wheels housing lightweight and powerful brakes, among other things.

“We’ve learnt from building the 250 SWB Revival, and working on a range of Ferraris, that a car’s weight and engine are two of the key ingredients to make a good sports car,” said GTO Engineering Managing Director Mark Lyon. “So, we knew that this car should be under a tonne and powered by a quad-cam V12 – an engine format we are familiar with and developing in-house.”

As for the design, it’s obviously inspired by the cars the GTO Engineering team has been working on since the company’s inception in 1991, with many cues reminding of the iconic Ferrari 250 GTO. The front-engined, two-seater sports coupe will combine traditional styling elements like the ‘double-bubble’ roof and functional venting on the bonnet and the wheel arches with modern touches. Those will include LED headlights, spotlights, and taillights, a contemporary exhaust system, as well as updated electrics and internals.

Customers will be offered many paint, trim and accessory options, alongside the ability to adjust major components such as suspension and gearbox options. Each car will be hand built in the UK.