Thursday, 28 April 2011

Team Lotus Enterprise purchases Caterham Cars

Announced at Duxford, Team Lotus has purchased the sportscar company Caterham, presumably to replace the relationship that Tony Fernandes, the charismatic owner of the Team, had hoped to foster with Group Lotus.

Keen to enter the sportscar market, Fernandes is quick to defend the tradition behind the Caterham (and the "Seven") brand pointing out that "Caterham Cars has remained wholly faithful to Colin Chapman's philosophy that 'less is more', and the DNA of the original Seven can still be traced to the newest additions to Caterham's product offering."

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