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F1’s Team Lotus Acquires British Sportscar Maker Caterham

The owners of Formula One Team Lotus announced today the acquisition of lightweight sportscar manufacturer Caterham, for an undisclosed sum from the shareholder consortium led by Corven Ventures.

Based in England, Caterham has made a name for itself for building the Seven, a lightweight two-seater sports car that was designed by Lotus founder Colin Chapman and who sold the rights of the car to Caterham in 1973.

Team Lotus chiefs Tony Fernandes, Kamarudin Meranun and SM Nasarudin said in a statement that the company plans to expand Caterham’s profile and product family while also continuing the development of the Seven.

A little over two months after the introduction of its first truly new model in 15 years, the SP/300R, Caterham has now presented the first brand new addition in two years to its core model series, the Seven. As its name implies, the new Seven Supersport is derived directly from the race-prepped version that competes in the one-make Caterham Supersport championship.

Much in the same way as Morgan’s pre-Supersports models, the Lotus / Caterham 7 has remained relatively unchanged throughout its long life. A lightweight body with no fixed doors or roof, a flat windscreen, exposed front wheels and a four cylinder motor embody the Seven’s design and engineering philosophy.

Diseno-Art has drawn up a nice design study in the form of the “New 7”, a vehicle designed to expand and complement the existing range of 7-badged vehicles.

With larger proportions and more refinement than the archaic (yet still beautiful) lines of the current generation, the New 7 is designed to be uniquely tailored to each customer’s needs and offer a high level of customer service while still holding to the brand’s philosophy of lightweight, simple and fun.

The Autosport International Show in Birmingham, UK, welcomed the world premiere of Caterham's first ever sports prototype racing car, the Caterham-Lola SP/300R. Created in partnership with legendary British racing and engineering brand Lola, the SP/300R is currently in the final stages of development and will be ready for a one-make championship in 2012, with the company planning to build up to 25 examples per year. Caterham said that a road-legal version of the sports car is also being considered.

The Caterham Superlight R500 took the world by surprise in 2008 with its 263 hp 2.0-liter naturally aspirated four-pot and sub-3.0 seconds 0-60mph sprint time. The same year it was launched, Top Gear’s racing driver, The Stig, drove it around the show’s test track completing a lap in just 1 minute and 17.9 seconds. That's the seventh fastest official lap time ever recorded on the show, putting to shame “heavyweights” like the Bugatti Veyron.

But everything comes to an end, and today, Caterham announced that the special model is making its final journey next week before being retired from active service.

Caterham is ready to release another "entry-level" special edition Seven in order to celebrate the amazing city-state that is Monaco. Called the "Roadsport 125 Monaco", this Seven gets a unique paint scheme representing the Monegasque flag to highlight its aluminum body; also, "Monaco" is pasted down the side if people can't make the connection.

Caterham has joined forces with British-owned fashion company, Lambretta Clothing, to produce a special edition version of its Seven sportscar. The visual overhaul includes a unique body paint, decals and livery that would make Austin Powers feel pretty groovy baby...

The same theme continues inside with a matching color scheme spanning the leather seats, dash, carpets and boot. Hand-stitched seat piping, embossed Lambretta motifs and a Moto-Lita steering wheel round off the interior upgrades.

So, what does Sunseeker International's new Predator 108 Special Edition luxury yacht have in common with the lightweight Caterham Seven sports car? Well, for most, nothing much other than they wouldn't mind owning the keys to both. But for the luxury super yacht builder, the storage of the Caterham Seven in the garage area at the stern of the Predator is "the ultimate expression of the millionaire lifestyle".

We know a few Ferrari, Lamborghini, Aston Martin -you get the picture- owners that would disagree, but whatever.

The Sunseeker Predator 108 Special Edition seen here with the Caterham made its world debut at this week's London International Boat Show 2010 (LIBS) that's open until the 17th of January.

Notably, it is the largest craft ever to be displayed inside the ExCel centre, in London's Docklands.

According to Sunseeker, the Predator 108 Special Edition is capable of speeds up to 34 knots with prices starting from around £7.1 million or at today's exchange rates, US$11.3 million / €7.9 million.

Caterham RS Levante 500HP Sold Out - All Eight of Them (with Video)

Eight cars might not sound a lot, but at a cost of £115,000+ each, which is the equivalent of around $200,500 or €148,000 with the current exchange rates, it is somewhat surprising that that Caterham managed to sell all RS Levante supercars in a relatively short period of time. The most powerful production Caterham ever which is being hand-built by Hertfordshire-based RS Performance in association with Caterham Cars, packs a 500+bhp 2.4-liter supercharged V8 engine, housed in a modified version of the lightweight Caterham SV chassis. -Continued

Weighing in at just 520kg or 1,146 pounds, the RS Levante boasts a power to weight ratio close to 1000bhp-per-tonne, or nearly double that of the Bugatti Veyron... So it's not surprising that the Brits announce a 0-60 mph (96 km/h) sprint time of under 3,0 seconds -even though the top speed is limited to 150mph or 241 km/h.