Mercury Racing, the high-performance division of boat engine manufacturer Mercury Marine, wants back into the auto business.

Known for its notable role in the early '90s building GM's LT5 DOHC V8 for installation in the Chevrolet Corvette ZR1, the Wisconsin based company is eagerly eying up reprising its role as an automotive supplier.

"We have the talent and we have the engineering expertise for high-performance automotive," David Foulkes, chief technology officer for Mercury's parent company, Brunswick Corporation, told Automotive News. "We're trying to leverage our capabilities into these other markets."

Currently, Mercury Racing builds two automotive engines, both based on GM blocks: the LS-based SB4, a 7.0-liter, dual-overhead-cam, V-8 good for 750 hp; and the QC4, which is a 1,350 hp, 9.0-liter DOHC V8 based on a GM big-block.

Since Mercury Racing kind-of specializes in DOHC V8's built from GM blocks, the company is hoping it might get tapped to work on the mid-engine Corvette project. Rick Mackie, senior marketing manager for Mercury Racing, said there haven't been any conversations with GM about future Corvettes even though the future supercar could feature overhead camshafts.

"I would think we would at least have the conversation," Mackie said. "But we haven't yet."