One of the most famous names in British sports car history is making a comeback.

The Daily Telegraph reports that British-American consortium HFI has acquired Healey Automobile Consultants, the company founded in the '50s by Donald Healey and still managed today by the Healey family. The 1952 Healey 100 (pictured), ultimately manufactured as the first Austin Healey model, was the first in a line of successful production cars to bear the Healey name.

HFI has a prototype car on the road, and plans to develop two new models.

The Healey deal is completely separate from the ongoing soap opera involving the defunct MG Rover, its Chinese owner Nanjing Automotive, and GB Sports Car, who have said they plan to resurrect the Austin Healey  and MG marques.