British sports car manufacturer Caterham will offer a new entry-level version of its Seven sports car for under £17,000 (about $25,800).
“As we celebrate our 40th anniversary at Caterham, it feels good to be taking the brand right back to where it started. Colin Chapman designed the original Seven to be entirely ‘fit-for-purpose’ – a racing car for the road with the driving experience at its heart,” Caterham Cars CEO Graham Macdonald said to AutoExpress.
As some might know, that’s more expensive than the current car, which sells for roughly $22,000. The difference is that this car will be based on more modern technology and will come assembled rather than in a kit.
The brand hasn’t said anything about which engine will power the newer, smaller car. But historically, Caterham has plucked engines from Ford, and the new 1.0-liter EboBoost would make a good candidate to offer performance while meeting the Euro6 emissions standards.