A road-legal Formula Ford single seater is under consideration, a company spokesman has told Autocar.
Speaking at the Paris motor show, such a car would be produced as part of a strictly limited run of between 20 and 40 cars and powered by a 1.0-litre three-cylinder Ecoboost engine.
A road-legal Formula Ford recently set the 11th fastest-ever lap at the Nürburgring, beating cars such as the Pagani Zonda and Lamborghini Aventador. A production version would be similar, but would produce around 160bhp, not the 205bhp of the Nürburgring car.
The Ford spokesman said a road-legal Formula Ford car could cost "under £50k" ready for both road and track. Discussions are proceeding "positively".