Saleen will launch a new supercar within the next two years, according to its CEO and founder Steve Saleen. The car will serve as the spiritual successor to the company’s last supercar, the S7, and will borrow elements from a stillborn supercar project previewed by 2008’s S5S Raptor concept car.

Back in 2007, Saleen was in the midst of development of the S5S Raptor when Steve Saleen quit the company to form a new firm, SMS Supercars. Saleen ran into financial trouble soon after and was eventually sold back to Steve Saleen, with the sale only being finalized this year.

Speaking with Motor Trend, Steve Saleen said his company’s new supercar will be significantly updated and upgraded from the S5S Raptor. Steve Saleen has also said in the past that his company’s new supercar won’t be called the S5S.

The original concept came with a mid-mounted 5.0-liter V-8, supercharged to the tune of 650 horsepower. We can only imagine what Saleen is planning this time around, though we know that the new supercar will target the likes of the Ferrari 458 Italia and McLaren MP4-12C, both of which develop around 600 horsepower.

_______________________________________

Follow Motor Authority on Facebook, Twitter, and Google+.