After an absence of 10 years, Hyundai is poised to return to the FIA World Rally Championship next year. The Korean automaker will participate in the 2013 WRC season with its i20 WRC, which made its official debut last week in Paris.

The company’s involvement in the sport began in 1998, when it competed in the F2 class of the WRC for two seasons. In 1999, the team announced it would step up to the top class in 2000, with a fully-developed WRC car based on the three-door Accent.

At the end of 2003 season, after four years of WRC competition, Hyundai withdrew from the championship, embarking on its long-term strategy to set up an in-house WRC team in Europe, the result of which is the advent of the i20 WRC, set to challenge entrants from Ford, Citroen, VW and MINI for the title in 2013.

The company hasn’t divulged any details about its contender, but as per FIA regulations it will have a 1.6 litre turbocharged mill developing around 300 hp, all-wheel drive and a fully-sequential gearbox.