There have been several attempts to bring back the glory days of Lancia, an Italian automaker that was once synonymous with Group B rallying and spectacular homologation road car specials. Sadly, the only car in the company's current model lineup is the Ypsilon city car sold in Italy.

Back in 2018, Italian coachbuilder Manifattura Automobili Torino revealed the New Stratos, a modern-day interpretation of the Lancia Stratos based on a Ferrari 430 Scuderia. Then there was the stunning Lancia Delta restomod created by Eugenio Amos. Now, the legendary Lancia 037 has been given a new lease of life for the modern era.

Created by Kimira Automotive, this is the Kimera EVO37, a road-legal restomod that marries the Lancia 037's retro styling with modern tech. Like the original car, the chassis is based on a Lancia Beta Montecarlo. Replacing the original car's fiberglass panels are bespoke carbon fiber body panels that modernize the Lancia 037's design while retaining the original car's muscular lines, its distinctive front fascia with four headlights, rally-inspired wheels, and a rear wing.

These carbon fiber panels also help reduce the car's weight to improve the driving experience, the suspension has been redesigned with adjustable Ohlins shock absorbers while upgraded Brembo brakes improve the stopping power.

The modern-day 037 rides on 18-inch front and 19-inch rear wheels wrapped in wide Pirelli tires. Under the hood, the Kimera EVO37 is powered by a 2.1-liter four-cylinder engine like the original. However, the unit was redesigned by Claudio Lombardi, who built the engines of the original rally cars, and it was upgraded to produce more than 500 hp and 406 lb-ft of torque. That's all sent to the rear wheels through a manual transmission.

Production of the EVO37 will be restricted to, naturally, 37 examples, each costing €480,000 ($585,000). Before customer deliveries begin in September, the Kimera EVO37 will make its public debut at the 2021 Goodwood Festival of Speed in July.