Caterham announces development of a completely new line of accessible and affordable sportscars

Article by Christian A., on September 27, 2011

Caterham Cars has disclosed the details of its standalone engineering business Caterham Technology and Innovation Limited (CTI). This is the company’s first announcement since its takeover in April.

The company will oversee the development of a completely new range of affordable and accessible sports vehicles inspired by the Seven's minimalist, lightweight philosophy and drawing on the innovations and materials from the Group’s Team Lotus Formula One and Caterham Team AirAsia GP2 motorsport operations. Caterham Cars is the maker of the legendary Seven.

On top of the next generation of Caterhams, CTI will carry out advanced projects for external companies operating in the aerospace and automotive sectors. CTI Chief Executive Mark Edwards stated that the new shareholders are dedicated to investing in a lineup of world-class products in the next 10 years.

He added that Tony Fernandes has been very clear from the very beginning that Caterham required a sustainable research and development business model to meet the plans that the management has for the road vehicle business.

He further stated that by establishing unique operating principles for CTI, they have managed to attract a global team of niche vehicle engineers who are enthusiastic to build on the ethos of Caterham and the DNA of the Seven.

Tony Shute will be among the first in a series of esteemed industry personalities to join the new operation. He will serve as Head of Road Cars for the new business. As an avid motorsport competitor in his own right, he takes the credit for bringing the groundbreaking Series 1 Lotus Elise to market.

Topics: caterham

If you liked the article, share on:

Comments

Recommended

There is definitely a second-generation Super Series from McLaren. Even in camouflaged form, it is simply incredible. But while we still don’t have the full data on how truly dynamic...
by - February 25, 2017
A lot of fans are excited with the news that Porsche could be unveiling a performance version of its Panamera 4 E-Hybrid plug-in hybrid during the 2017 Geneva Auto Show. ...
by - February 25, 2017
Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to...
by - February 25, 2017
Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries