Jaguar have today announced that they will be delving back into project Jaguar E-Type, an enterprise that will breathe new life into the classic model.

With only a handful still in the country there is a hunger to rebuild and refurbish the ones we are still in grasp of.

They will be creating six brand new lightweight racing E-Types on the site of Jaguars old Browns Lane factory in Coventry, influencing a sense of tradition within this modern experiment.

Jaguar are not perusing a new idea but merely fulfilling an old promise. Jaguar mysteriously stopped making the E-Type back in1963 where they announced that they would create 18 cars. They fell short of this number and have never commented on the reasoning behind the premature closure on the subject.

These cars will be manufactured from scratch using the exact specifications of the aluminum-bodied original car, including the 3.8-litre six-cylinder engine.

It is safe to say that we can expect a pretty steep price tag on these six exclusives.

Jaguar Heritage consultant Tony Schulp, the man charged with selling the car, told that the exact amount hadn’t been fixed.

“It’s not a cheap car to build,” he said. “Put it this way, there are 11 cars left in the world and if they came up for sale I’d estimate they wouldn’t be selling for less than £3-4 million each.”

This project does however coincide with Jaguar’s new heritage company that will bring old models back to life.

“The Lightweight E-type will show our expertise at this kind of project,” Schulp said.

Usually such cars are built by order and are generally already sold before they are created. Where many view such cars as antiques this is not Jaguar’s vision for the new fleet.

“We’re targeting people who are going to be actively using them,” he said. “We don’t want them sitting in a museum somewhere.”

What do you think the reasoning is behind this new passion for the E-Type? Leave your comments below.