Back in the ’30s BMW unveiled the 328 - the most successful and best-looking sports car at that time. The car’s success was due to its impressive design parameters: systematic lightweight construction, aerodynamic lines, optimum engine types, and outstanding suspension technology. Now, as a celebration of the car’s 75th anniversary, BMW will unveiled the 328 Hommage at this year’s Mille Miglia. This model modernizes the principles and the character of the vehicle from back then and offers a possible interpretation of how the designers of that time, Fritz Fiedler and Rudolf Schleicher, might have built the BMW 328 if they had the use of our current technology.

"With the BMW 328 Hommage, we wish to pay homage to the passion and inventiveness of the fathers of the BMW 328", explains Karl Bäumer, CEO of BMW Group Classic. "They created an icon, which is consid-ered a milestone in the history of the automobile."

UPDATE 05/23/2011: BMW revealed the first details on the 328 Hommage earlier this weekend and now it’s time to see the concept in action at the Concorso d’Eleganza Villa d’Este. At that same event, the concept won the title of "best of show" in the "Concept Cars and Prototypes" category. Hit the jump for the video.

UPDATE 05/31/2011: BMW has revealed a rather cool video of the 328 Hommage that captures the brand new concept car in action. The movie was filmed around BMW Design.

UPDATE 06/06/2011: BMW has unveiled a new cool video in which it compared the new 328 Hommage concept to the model that inspired it: the classic 328. A must see for anyone out there!

Hit the jump to read more about the BMW 328 Hommage.