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Caterham Cars bought by Team Lotus Enterprise

Caterham Cars has been bought by Team Lotus Enterprise, the company behind the Team Lotus F1 squad.  They plan to continue development of the legendary Seven but also to introduce new models which stick to the philosophy of ‘adding lightness.’

Caterham will continue to be operated by the existing management team, led by Ansar Ali, whose direction has reinvigorated Caterham in recent years, with the creation of the Superlight R500 and SP/300.R racer.

To celebrate the new ownership, Caterham has launched a limited run of just 50 Team Lotus Special Edition Sevens, 25 for the UK and 25 for export.

The special editions will be based on the 262bhp Superlight R500, and will come in the green and yellow colour scheme made famous by Lotus racers. A plaque fitted to the inside of the car will feature signatures of the current Team Lotus F1 drivers.

Additionally, buyers will be given an invitation to tour the Team Lotus F1 factory in Norfolk and a history book signed by chief designer, Mike Gascoyne.

Caterham managing director, Ansar Ali, said: “Caterham Cars is starting an exciting and hugely important chapter, so it’s entirely fitting that we celebrate our opportunity to take Colin Chapman’s ‘less is more’ philosophy global, with this special car.”

Tony Fernandes of Team Lotus Enterprise said: “Caterham has a unique place at the heart of the motoring world. As well as being proudly and staunchly British, it has an enviable and uniquely unblemished reputation within the industry for performance, handling and engineering excellence.

“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.” 

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