Well, with the use of an online OCR tool and Google translate I have been able to glean some more information from the scanned article, so you have earned your 700th AND 701st points!
Apparently Bjarnason and some other chap named Theodor Sighvatsson, who were carpenters by trade, conceived this car to be road-legal and to make in small quantities to export abroad, but it doesn't seem the project went beyond this one prototype, still in existence twenty years later. Their intention was to use a 6-cylinder, 2.8 l, 300 hp engine (doesn't say from which car
), but this one has an also unnamed 4-cyl, 2.3, 200hp unit. Still, given a weight of only 750 kg, they must have had some fun driving it.
Unedited puzzle pic below
