Faralli & Mazzanti, with its long coachbuilding traditions, has now turned into "F&M by Mazzanti Automobili" for the debut of the new Mugello. Its first car, the quirkily-shaped two-seater Antas V8 GT debuted in 2006 and was powered by Maserati's 4.2-litre V8 engine.

The Mugello thus becomes the first mid-engined car from F&M but little information is so far forthcoming. The three images released today show a reasonably generic modern low-volume sports car shape with large air intakes for the engine situated in front of the rear wheels as well as a more flush but still a prominent intake on the roof/engine cover. Now-fashionable LED front and rear lights also feature as does a centrally positioned exhaust outlet. The front spoiler features a complex set of angular intakes, a design language theme that is then replicated at the rear which also revolves round a lower diffuser.

F&M says that the car has been created by Luca Mazzanti and Zsolt Tarnok, F&M's Chief Designer, and that it will be produced from next month in a new atelier facility located in Pontedera, Italy. F&M plans to build just 5 examples a year. 

The company has also undergone a re-jig according to a press release which explains that: "Until the end of 2009 the creations of F&M were projected and built inside the atelier of Faralli Restauri. From 2010 the increasing numbers of restoration projects of classic cars and the new projects under the brand F&M lead to the decision to separate these activities in two ateliers, with strong connection and partnership with one another: Walter Faralli manages together with ‘maestro’ Mario the restoration family company, while Luca Mazzanti dedicates himself exclusively to the development of F&M projects through his own company: Mazzanti Automobili." At the same time F&M has evolved its logo.