The Ford Shelby GR-1 concept will finally enter production thanks to a deal signed with Irvine-based tuning house Superformance.

You might remember Superformance as the low-volume specialty Ford producer that takes the second-generation Ford GT and makes them look like the old GT40. Now they’ve penned a new deal with Ford to resurrect a concept car that was thought to be long dead and bring it kicking and screaming into the 21st century.

The Ford Shelby GR-1 concept debuted way back in 2005 at the Detroit Auto Show. Designed to look like the old Shelby Daytona sports coupe, the GR-1 came with an all-aluminum body and engine, which was a 6.4-L V10 producing 605 hp and 501 lb-ft of torque. Zero to sixty was estimated to be accomplished in 3.9 seconds on its way to a top speed of 190 mph.

GR-1
via Superformance

But it never entered production. The GR-1 was unveiled at around the same time as the first generation of GTs entered production, and Ford didn’t want to water down their flagship supercar.

Fast forward over a decade later and the GR-1 is being resurrected thanks to a deal between Ford, Shelby American, and Superformance. Ford has licensed the GR-1 to Superformance for low-volume production, with Shelby stepping in to help with the design process.

RELATED: SUPERFORMANCE FORD GT PACKS A LOT OF HORESPOWER

Shelby vice president Vince Laviolette and Superformance CEO Lance Stander had few details at the Petersen Automotive Museum's annual Shelby tribute, other than to say it would be “very fast” and even hinting it could have an electric powertrain.

GR-1
via Superformance

Now, new details have emerged from the Robb Report that provides further insight into just how the GR-1 will take shape. Much of the GR-1’s powertrain will be sourced from the new 2020 Ford Shelby Mustang GT500, including its 5.2-L supercharged V8 engine and 7-speed Tremec dual-clutch transmission. A 6-speed manual will also be an available option.

No details were released on a possible electric version, but getting down to a promised 2-second 0-60 time will require some form of electrification for sure.

Superformance will make 325 GR-1s, with between 100 and 200 being special edition models with bodies made of aluminum. The rest will be made of carbon fiber. Pricing hasn’t been announced, but expect them to be on the expensive side.

NEXT: FIRST 2020 FORD MUSTANG SHELBY GT500 WENT FOR HIGH PRICE AT AUCTION