Bringing Back the Veritas?

The short-lived Veritas (1948-1953) gave Germany its first Formula 1 team, and now a new company is resurrecting the legendary name for the purpose of bringing a new supercar to market. The revised Veritas RS III will run a 5.0L BMW V8 with a manual shift, though a sequential-trans V10 capable of going from 0-60 in just over 3 seconds is also in the works. Word is that development of the new Veritas will be complete by the end of 2008, and that the cars will be built at a rate of about 30 per year thereafter.

Via The Auto Channel.