The Ford GT has a long and storied history, but a new report is indicating that legacy is about to get another chapter

The Ford GT has a long and storied history, but a new report is indicating that legacy is about to get another chapter.

According to Auto Express, Ford is developing a new supercar which will revive the legendary GT name. Details are limited, but the car will reportedly ride on an all-aluminum chassis and feature a composite body that eschews the retro styling of the previous model.

To stay in vogue with the latest trends, the GT is slated to adopt a supercharged V8 which has been outfitted with an engine start / stop system and hybrid technology. Expected to produce 600 hp (447 kW / 608 PS), it will likely enable the 1,400kg (3,085 lbs) car to accelerate from 0-100 km/h in three seconds and hit a top speed in excess of 322 km/h (200 mph).

No word on when the new GT will be launched, but expect it to be cheaper than key rivals such as the Ferrari 458 Italia and McLaren MP4-12C.

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New Ford GT in the works - report