British track car specialist Caterham is working on a new entry-level model based on the legendary Lotus Seven chassis. Caterham is targeting a pricetag of approximately  17,000 British pounds (approximately $25,800) and will launch the car on the market early next year.

We’ll get our first look at it, however, next Tuesday at the 2013 Frankfurt Auto Show. Caterham has confirmed that a prototype version of the new car will be unveiled at the German show.

The car will be called the Caterham Seven 165 and it will come powered by a turbocharged three-cylinder engine sourced from Suzuki. Peak output will register at 80 horsepower and 78 pound-feet of torque, and drive will be sent to the rear wheels via a five-speed manual gearbox.

Caterham has previously said the engine and lightweight chassis combination could make it the most fuel-efficient Seven ever built. Production is scheduled to commence early next year, with sales to follow shortly after. Here in the U.S. you'll probably need to contact an independent dealer or importer.

“The engineering process involved in the creation of the Caterham Seven 165 is nearing completion and, as we piece together the final elements, the car we believe will inspire a new generation of drivers to become Caterham enthusiasts is taking shape in exciting fashion,” the head of Caterham’s automotive division, Graham Macdonald, said in a statement.

Note, Caterham has also just launched one of its most powerful Lotus Seven-based track cars, the 620R. This model is powered by a supercharged version of Ford’s 2.0-liter Duratec four-cylinder engine and comes with 311 horsepower and 219 pound-feet of torque.

2013 Caterham 620R

2013 Caterham 620R

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