After seven years out of production, the Saleen S7 is rising from the ashes. Built to celebrate a golden age in the company's racing history, the limited run S7 LM supercar will spit out more than 1,000 hp from its twin-turbo V8 engine.

It might not have quite the same on-track prestige as Ford or Ferrari, but Saleen is still keen to lean on its past racing glories. The S7 LM has been commissioned to celebrate a six year run between 1996 and 2002, when Saleen won over a dozen titles in SCCA, Grand-Am and Spanish GT racing.

While the S7 is being reborn, that doesn't mean it's being reinvented with the limited run LM. Just seven examples will be built, and are set apart from previous production models with a special paintjob, unique interior trim and a 1,000 hp (746 kW) version of the company's twin-turbo 7.0-liter V8.

Considering the S7 Twin Turbo, which made 750 hp (559 kW) from its heavily boosted V8, would hit 62 mph (100 km/h) in less than three seconds, you can expect the S7 LM to be absolutely terrifying.

"True to our form, we are bringing back America's only true supercar," says Steve Saleen, Saleen Automotive President and CEO, "We are celebrating our winning heritage and advancing the performance DNA that Saleen was built around."

Not surprisingly, the exclusive S7 LM will come with a suitably rarefied pricetag. The Saleen Owners and Enthusiasts Club is reporting an expected price of around US$1 million which, given it's based on a 16-year old platform and lacks the hybrid smarts of the modern heavyweights, is hypercar money for what looks to be (at its core) a relatively rudimentary piece of kit.

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