Porsche is preparing to bring back the 550 image

According to some reports from Germany’s automobile magazine Autobild, Porsche will bring back the 550.

The upcoming model, which will be based on a mid-engined platform debuted by the VW Bluesport concept, is set to hit the market somewhere in 2014.

Power will come from a new 1.6-litre flat-four-cylinder turbocharged ‘boxer’ unit that most probably will provide about 200hp. The engine will be connected via a six speed manual transmission, but a PDK twin-clutch could be offered too.

Of course, at this moment, there are no information’s regarding the performance of this new entry level Porsche, but we know that will have around 1,200kg. However, most probably the two-seater will hit 60mph in about 6 seconds.

More importantly, the model is expected to cost €39,000 which is roughly €8,000 less than the current Boxster.

The Porsche 550
Porsche produced the 550 between 1953 and 1956. The car was first driven by Hans Herrmann, former German Formula One driver, where he drove the Porsche 550 in closed railroad crossing gates in the 1954 Mille Miglia (thousand-miles open race).

With 145 horsepower coming from a flat 4 and mated to a 4 speed manual, the 550 looks modestly zippy on paper. However, this car tips the scales at only 1400 pounds, allowing for nearly 10 horsepower per pound, almost the same as our Lotus Elise.

The Porsche 550 became infamous on September 30th, 1955 when the actor James Dean was killed in the car.

The 550 is among the most frequently reproduced classic automobiles, like the AC Cobra and Lotus Seven.