It's the brainchild of designer and Skoda-enthusiast Petr Novague, who wanted to celebrate the 40th anniversary of Skoda's most successful racing car, the 130 RS.

Designed by Novague to be showcased at the DOX Centre for Contemporary Art in Prague, the - err - striking body was built by Metal Hoffmann, who also manufacture parts for the likes of Volvo and Volkswagen.

Underneath, it's the first-generation R8 chassis and drivetrain, and perhaps one of the sweetest R8 setups, namely, that 414-horsepower 4.2-litre V8 engine and manual gearbox. There's no performance detail on offer, but if that new body hasn't piled on the weight, expect something suitably brisk.

Ah yes, the body. In the 18 months it took to create, the makers say they tried to blend the original body with the "iconic silhouette" of the 130 RS.

"The Skoda 130 RS is an automobile one need not write or talk about, or put on a pedestal as something legendary," say Novague and Hoffmann. "It simply is a true Czechoslovak legend, and its choice as the starting point for our first car was a natural one."

Twenty four R200s will reportedly go into production in January next year, with an estimated price tag of around £180,000 (about $268,000); about twice as much as the current base R8. Worth the money?

A version of this story originally appeared on TopGear.com.

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