Saleen Automotive has had a pretty tough time of late, from bankruptcy claims through to lawsuits, but the manufacturer is back and has plans for more amazing automotive exploits for what it calls "America's only true supercar," the Saleen S7. The car will be a special edition along the lines of what Koenigsegg is doing with the last of the Agera models. This will also probably be before we see a Saleen S8 version hit production in the coming few years.

According to a release seen on Saleen Owners and Enthusiasts Club site, the manufacturer plans to return with a bang and the first model planned is a new S7, but with it commemorating the brand's LeMans win in 2010 it will be named the Saleen S7 LM. Details are thin for now, but we do know the initial plan is to produce just seven models, which will no-doubt be sought after by many die-hard American fans. They did mention that it would include features like advanced electronics and suspension with some exposed carbon fiber on the body and will make at least 1,000 hp. The price should also be in the region of a cool $1,000,000.

The Saleen S7 LM should see fitment of its monstrous 7.0-liter V8 with a pair of turbos attached to produce an estimated 1,000 hp. The previous twin turbo version was estimated to hit 62 mph in under three seconds and has a top end of around 250 mph (although that was never proven), so the LM model should by all rights better those figures. So is this legit? It seems so, at the 20th Annual Saleen Show and Open House, Steve Saleen explained that he quietly acquired the remaining S7 parts inventory, molds, intellectual property and related assets along with the resources and backing to start production. This is great news all round.