As new cars become less involving to drive and more interconnected with computers, an entire restomodding cottage industry has sprung up with a new purpose. Restomods were once reserved for American muscle cars made new again with crate motors, but now, European sports cars and exotics have become fair game. We've already seen what Singer can do reimagining a Porsche 911, and now a new company called Maggiore will attempt to do the same with the Ferrari 308.

For those too young to remember, the Ferrari 308 GTB was a mid-engined V8 model sold from 1975 to 1985. The distant precursor to the modern 2020 Ferrari F8 Tributo appeared in many forms of media, including the hit television show, Magnum, P.I.

Maggiore says its Ferrari 308M restomod project revisits the past with new technology.

The 308M is Maggiore's first restomod project, but you couldn't tell by the finished product. It may look similar to the 308 on which it is based, but the 308M's body panels are completely new and made from carbon fiber. Some of the original styling, including the iconic hideaway headlights, had to be ditched for horizontal LED strips due to modern homologation standards.

The other changes to the exterior are subtle but noticeable. The lateral air inlets, for instance, have been elongated with new carbon fiber trimming. Likewise, the 17-inch alloy wheels fit the style of the originals but have been custom-built for a more proportioned appearance.

All of the mechanical parts were either redesigned or refurbished to deliver a fresh driving experience. The 2.9-liter V8 engine, for example, was upgraded to produce more than the original 252 horsepower output. Maggiore bored the engine out to 3,146 cc (3.1 liters) and reworked many of the internal components. The V8 now produces 300 hp at 7,000 rpm.

Along with the added power, the chassis was improved as well. The track width is 50 mm wider in the front and 100 mm wider at the back. Maggiore also upgraded the suspension with Koni racing shock absorbers and adjustable coaxial springs to allow for a new braking system with four-piston Brembo calipers. The brakes use radial connections, racing pads, and self-ventilating 280 mm discs, providing a 50% increase in stopping power.

Inside, Maggiore wanted to keep the aesthetic of the '70s and '80s while integrating innovative elements and materials. The 308M's cabin features materials such as carbon fiber, leather, Alcantara, and even a bit of marble. The windscreen, the side windows, and the whole interior was restored and reconditioned. Maggiore says it kept some originality with pieces such as the grilles, front mudguards, air inlets, and interior shapes.

The 308M will be produced in highly limited numbers, with each example having specific touches at the customer's request. Maggiore doesn't quote a specific price for the restomod but told CarBuzz that the first example carries a sticker of 500,000 euros (around $581,000).