We’ve been yearning for this for a very long time indeed (almost 20 years!) and finally our prayers — and every other petrolhead’s — are being answered in a big way; the 8 Series is making a comeback and judging by the concept, it’s going to be stunning.

The striking coupé — unveiled at the Concorso d’Eleganza Villa d’Este run annually by the BMW Group on the shores of Lake Como — features large grilles, massive air intakes and seductive curves all around its body. Fingers crossed that the production model will look just like it but if this wasn’t exciting enough, the Munich carmaker also revealed that a convertible will be launched along with a more potent M version and a race-bred derivative that will compete in Le Mans in 2018. But spare a thought for the 6 Series range; its time will have come to an end when the new 8 is here.

The original E31 made its debut way back in 1989 and won our hearts immediately. The wedge shape, pop-up headlights and V8 and V12 power made it an enthusiast’s dream until BMW pulled the plug on it in 1999.

The concept features classic sportscar proportions; we love the long bonnet and short deck and that it sits low to the ground. The slim twin laser headlights look great, as does the redesigned kidney grille and deep side air intakes, which hint at what will likely be very healthy performance figures. It rides on 21in alloys, while the rear gets L-shaped lights, a carbon-fibre diffuser, and trapezoidal exhaust pipes. It’ll be based on the 7 Series and compete directly with the Mercedes-Benz S-Class coupé and cabrio.

As for the cabin, it looks like a work of art and features carbon-fibre and hand-polished aluminium trim, while the gear lever is made from Swarovski glass.

“The number 8 has always represented the pinnacle of sports performance and exclusivity at BMW,” said chairman of the Board of Management of BMW AG, Harald Krüger. “The forthcoming BMW 8 Series Coupé will demonstrate that razor-sharp dynamics and modern luxury can go hand-in-hand.” We simply can’t wait for this one.