It's the first targa done by Singer. 964 chassis & original engine case. New body in carbon fiber, newly fabricated nickel roll bar to look like the old 1960s targas. 4.0L n/a flat six putting out 390bhp on a ~2700lb car. Guessing it was well above the 370k starting point being the first commissioned targa restoration. If I'm not mistaken another 4.0 model ran the nürburgring about the same as a current R8.
good writeup here:
http://www.autoblog.com/2015/06/24/e...red-by-singer/
http://o.aolcdn.com/dims-global/dims...11-targa-1.jpg