The AC Cobra is arguably one of the most beautiful cars in the world. Actually, no, it definitely is.

Thanks to American car designer and racing driver Carroll Shelby, the small British company AC shot to fame after Shelby fitted a V8 Ford engine to the Ace sports car and made the Cobra we know and love.

After the original runs of the Cobra ended in 1967, the American company Autokraft took over production with the Mk IV model.

For more than 25 years, however, there hasn’t been an official Cobra.

But there is good news, as AC Cars has announced its return in the guise of the Cobra 378.

Named after the size of its smallest available engine, a naturally aspirated V8 (we quiver with joy), this Cobra is based on the Mk IV and will be fitted with an ECU and a modern gearbox.

Also coming with power brakes, steering and optional air conditioning, it’s the modern sports car we’ve all been waiting for.

We’re leaving the best bit ’til last, however.

It’ll be fitted with a supercharged V8 as well.

*insert squeals of joy here!

AC Cars owner Adam Lubinsky said:

It’s a quasi-modern car, you can use it every day if you want. It’s had significant upgrades but the underlying hardware – the chassis and surrounding parts – are essentially as they were before, just with more modern mechanicals.

This modern Cobra is expected to cost less than £100,000, which for the way it looks and the legendary name is more than worth it in our eyes.

We can’t wait for this – thank goodness it’s coming in 2017!