It’s been two years in the making, but TVR has finally returned with a brand new sports car. The Griffith, named after previous models built in ’60s and ’90s, was unveiled at the Goodwood Revival over the weekend to celebrate the Blackpool brand’s 70th anniversary.

The new car is a two-door coupé with typical long bonnet, short tail proportions. Giving it an aggressive look are triangular headlights and a trapezoidal central grille, while large vents aft of the front wheels hide side-exit exhausts. At the rear, a pop-up spoiler and a massive diffuser form part of a ground effect aerodynamic package that also includes a completely flat floor.

Inside sits a minimalist cabin featuring a portrait-format infotainment display and a digital instrument cluster flanked by a pack of round switches on either side. Some of the switchgear, such as the indicator and wiper stalks as well as the round air vents, have been taken from a Ford Fiesta, but the three-spoke steering wheel and stubby gearlever appear to be bespoke.

So far, so traditional British sports car – classic square-jawed good looks on the outside, carryover supermini switchgear on the inside – but what’s revolutionary is under the skin. The Griffith is the first production car to utilise the iStream technology developed by legendary F1 designer Gordon Murray – the same person who helped develop the McLaren F1.

A steel and aluminium frame is bonded with carbon composite components and clad in carbon body panels, reducing weight and simplifying production, as well as ensuring a perfect 50:50 weight distribution. Sitting at the front of the car is the Ford Mustang‘s 5.0 litre naturally-aspirated Coyote V8, redeveloped by Cosworth with a dry sump and other enhancements.

The company gives a power-to-weight ratio of 400 hp per tonne, which – given the fact that the car has a claimed weight of 1,250 kg – should translate to a power output of around 500 hp. A good ol’ Tremec Magnum six-speed manual transmission sends all that power to the rear wheels, resulting in a zero-to-100 km/h sprint time of under four seconds and a top speed of over 320 km/h.

Also announced is a Launch Edition with custom alloy wheels, a full leather interior, unique paint options and extra kit at a lower starting price of £90,000 (RM498,000). Just 500 of these cars will be built, with production slated to begin at the end of next year.