The 30th anniversary of the 1984 Audi Sport Quattro is just around the corner and a new report is indicating the company will celebrate the occasion by introducing a successor at the Frankfurt Motor Show.

The 30th anniversary of the 1984 Audi Sport Quattro is right around the corner and a new report is indicating the company will celebrate the occasion by introducing a successor at the Frankfurt Motor Show.

Autozeitung says the model will be sportier than the 2011 Quattro concept and have a "much sharper" shape than the original study.

The car is also expected to incorporate a number of lightweight components including carbon fiber reinforced plastic (CFRP), aluminum and magnesium. This could enable the model to tip the scales at just 1300 kg (2866 lbs).

While the Quattro concept used a turbocharged 2.5-liter five-cylinder engine that developed 408 HP (300 kW) and 480 Nm (354 lb-ft) of torque, the new model is rumored to have a twin-turbo 4.0-liter V8 that produces up to 650 HP (478 kW). This could enable the car to rocket from 0-100 km/h in as little as 3.4 seconds.

We can also expect carbon-ceramic brakes, a sport quattro rear differential and a sport-tuned suspension with adaptive dampers.

If everything pans out, the car could be built by quattro GmbH and cost roughly €115,000 ($153,240 / £97,930).

Note: Audi Quattro concept pictured

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