'The BMW 507 was the brainchild of BMW importer Max Hoffman, who in 1954 persuaded the BMW management to produce a roadster version of the BMW 502 that could compete with Jaguar and Mercedes-Benz sports cars. Hoffman pushed for designer Count Albrecht von Goertz, who also designed the contemporary BMW 503, as the designer, over existing designs by Ernst Loof, whose sketches Hoffman felt were not commercially viable. Goertz was hired by BMW in November 1954. BMW engineer Fritz Friedler was assigned to design the mechanical package, using existing components wherever possible.' wiki
http://en.wikipedia.org/wiki/BMW_507
http://www.ferraris-online.com/pages/carintro.php?reqcardir=BW-507-70077
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