We present a modified version of the well-known geometric Lorenz attractor. It consists of a $C^1$ open set ${\mathcal O}$ of vector fields in ${\mathbb R}^3$ having an attracting region ${\mathcal U}$ satisfying three properties. Namely, a unique singularity $\sigma $ ; a unique attractor $\Lambda $ including the singular point and the maximal invariant in ${\mathcal U}$ has at most two chain recurrence classes, which are $\Lambda $ and (at most) one hyperbolic horseshoe. The horseshoe and the singular attractor have a collision along with the union of $2$ codimension $1$ submanifolds which split ${\mathcal O}$ into three regions. By crossing this collision locus, the attractor and the horseshoe may merge into a two-sided Lorenz attractor, or they may exchange their nature: the Lorenz attractor expels the singular point $\sigma $ and becomes a horseshoe, and the horseshoe absorbs $\sigma $ becoming a Lorenz attractor.