We could be seeing more of the Peel P50 car in the next few years.
Business man and Dragons Den star James Caan has invested in Peel Engineering.
Two entrepreneurs, who bought the company, pitched the historic small car to the dragons on their popular TV show.
But Faizal Khan and Gary Hilman aren't looking to re-make the cars they want to develop toys and merchandise based on the cars.
Some of the dragons said the idea was ludicrous and unusual but after one of the dragons decided to invest they are aiming to re-launch the brand of the P50 including remote control cars and toys and selling them worldwide.
Man denies disorderly behaviour in Douglas bar
Women's health conference held by Manx Care
Daddy Baby Care classes available from next month
MHK says housing policy isn't fit for purpose
Wildlife Week begins tomorrow
Woman from Merseyside denies drug dealing cash allegations
Cooil Road in Braddan now open following RTC
DHA issue statement following inquest of man who died in prison
