110R Project Anyone?

Always fancied a retro project with a few modern twists, though prices of the usual retro's, 'scorts and 240z's, are pretty steep. Came across this rendering of a 110R, love the look, especially the bolt on arches and rear diffuser. Just ripe for a Porsche Boxster or Scooby transplant. Maybe even a conversion to Audi tt running gear with the engine in the front.