17/09/2008 02:27. Meet the K.07, a spartan, two-seater sportscar created by Japanese design legend Ken Okuyama.

The former Pininfarina designer, who lists the Maserati Quattroporte and Ferrari Enzo among his design credits, is putting the tiny, lightweight carbon-fibre and aluminium bodied sportster on sale for a cool ¥19.5 million about £102,000 at current exchange rates.

Previewed at the Geneva Show this year, the K.07 is essentially a rebodied and redesigned Lotus Elise. Lotus supplies the base car to Ken Okuyama Design in northern Japan, which then creates this unique chisel-nosed body and spec.

Power comes from a mid-mounted Toyota motor, essentially the same engine as used in the Elise, but with capacity increased to 2.0-litres. Power will be between 198bhp and... // Autocar