The AC Cobra is to return for 2017

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The AC Cobra was an icon of its own era. Built between 1962 and 1967, the V8-powered sports car was sleek, stylish and highly sought after.

And now, AC Heritage has announced plans to bring the Cobra back for 2017. A 'reborn' Cobra, based on the MkIV model originally unveiled in the 1980s by Autokraft will be built, and badged the AC Cobra 378.

This comes only two months after the British carmaker and restorer revealed that it would be building nine more 1962 AC Cobras, using original tooling to ensure that they are as true to the original cars as possible. Built to exactly the same specifications as the original, this model will be called the AC Cobra Mk1 260 Legacy Edition.

The reborn Cobra will remain true to the original design, even keeping its ladder chassis, but will feature a host of modern improvements.

With a 6.2-litre GM powertrain sitting under the bonnet, it will come in two power options, a standard 440hp or a supercharged 550hp. These engines will be coupled to a modern gearbox, while power assisted steering and brakes will also feature. Air conditioning will be also an option on this new AC.

The 378 will only be produced in limited numbers, however, because its manufacturers must abide to the Low Volume Motor Vehicle Manufacturers Act, which exempts small carmakers from the rules big car companies are subject to.

This act allows the small companies to build limited replicas of a car produced at least 25 years ago – providing it uses a modern engine that meets present-day emissions regulations.

While no further details on the model have been revealed, AC has said that it will be followed by a more user-friendly car.