As reported last week Team Lotus has today confirmed their takeover of iconic British sportscar maker Caterham Cars.
Team Lotus Enterprise, led by Tony Fernandes, Kamarudin Meranun and SM Nasarudin, promise to take Caterham on a new and exciting journey that will embrace both its proud Lotus Seven legacy and the high profile of Formula One.
Speaking about his new venture, Fernandes enthused, “Caterham Cars has remained wholly faithful to Colin Chapman’s philosophy of ‘less is more’, and the DNA of the original Seven can still be traced to the newest additions to Caterham’s product offering.
“It is already a successful business with sales across Europe, Japan, Australia and the Middle East, and under the guidance of the existing management team, we now have all the ingredients and the launch pad to further evolve that spirit and take Caterham to new exciting horizons with innovative products and greater global brand exposure.â€
It’s going to be really interesting to see how this journey progresses. The full presser from Caterham, along with an emotional promo video, can be seen after the break.