American supercar car-maker Saleen have extended their line-up of exotic sports cars of S7 and Ford GT by releasing this sketch of the S5S Saleen Raptor that will appear as a concept vehicle at New York auto show this month.

Though S5S Raptor can be called as a mid-engined sports car, it is primarily meant for the street rather than the track. It would be powered by E85 Ethanol based 5.0 L V8 engine that would enable it to reach over 200 mph on the street! This engine already powers Ford’s S302E, and is rated at 620 horsepower. That would easily allow Raptor to attain the above mentioned speed, as estimated.

The S5S Raptor would provide equally aggressive drive as its predecessor S7. To reduce the weight Raptor will have the chassis from aluminum and the body panels from composites. The body shown in the sketch has remarkable similarity with the muscular Lotus Exige.

Unlike its predecessor, the $700,000 S7, which was a purposely-built racecar that was occasionally licensed for the street, the S5S Raptor would be priced much lower: $150,000 to $200,000. Though the price has not been officially declared, it has been stated by CTO Chris Theodore that Saleen could be interested in producing a car in the $150,000 range. Theodore is best known as the driving force behind the Ford GT project.

As per company sources, the S5S Raptor will hit markets after two to three years after it’s production gets a green signal. That could be 2010-2011.