Lotus is developing a new mid-engined Lotus Esprit, due for launch in 2007.

The new Esprit gets a 32-valve, 4.8-liter V-8 engine from BMW delivering 367 hp. The engine will be surrounded by a newly developed extruded aluminum chassis and an all-around independent suspension. The supercar’s top speed is estimated at around 180 mph.

The new Esprit will have priority in the U.S. Lotus will build between 1000 and 2000 units in the company’s home base in Hethel in Great Britain.

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