Caterham has a new owner

British keep track of-motor vehicle specialist Caterham has been marketed to VT Holdings, the organization accountable for the sale of Caterham vehicles in Japan.

VT Holdings sells about 120 Caterhams in Japan yearly and has roughly 200 showrooms, where by it also sells solutions from Lotus, Royal Enfield, and other brands.

The company is also operate by a former racing driver, Kazuho Takahashi, who has earlier competed in Super GT and the 24 Hrs of Le Mans.

Caterham Super Seven 1600

Caterham Super 7 1600

Caterham’s existing lineup is made up of a assortment of models all centered on the legendary Lotus 7 platform. Its most latest addition was the retro-influenced Super Seven 1600 released a calendar year ago.

In a statement built Tuesday confirming VT Holdings’s acquisition of Caterham, Takahashi reported he noticed his corporation as a custodian of Caterham, and that he will “protect and establish the 7 to meet the legislative worries that lie forward.”

Caterham’s previous owner was a consortium led by Malaysian businessman Tony Fernandes, CEO of spending budget airline AirAsia. Fernandes and his companions preferred to turn Caterham into a a lot more mainstream brand name by adding a athletics motor vehicle and at some point a crossover. The sports automobile was jointly formulated with the Alpine 110 but canceled as soon as Caterham started off to knowledge money challenges prompted by a disastrous Components 1 stint. Underneath Fernandes, Caterham entered Formulation 1 in 2012 but pulled out right after its staff went bankrupt at the finish of the 2014 time.