AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
For many car enthusiasts, reports of Bristol Motor Cars filing for Chapter 11 earliar this year was very sad news indeed. Now its time for fans of this British marque to rejoice as the company has just been saved and brought back to life.
The new owners are Kamkorp Autokraft, a Swiss company that is part of the Frazer-Nash group.
Frazer-Nash had in recent years shown an all-electric sportscar called the Namir. Could the next Bristol models get motivation from green energy!
“Over the next few months we will start to reveal the details of our plans to combine Bristol Cars’ tradition and iconic marque with Frazer-Nash’s pioneering technology to showcase our cutting-edge electric and range-extended powertrains,” said William Chia, the group’s director of operations.
Chia also assured current Bristol owners that service and parts for their existing cars will not be disrupted and they are committed to fulfilling their needs. No word yet of the fate of Bristol workers who were let go when the company went into administration.
Eccentric British car firm Bristol has run its business unlike any other car company. They have no dealer network, so all the sales are handled by the factory owned store in Kensington, near London, U.K. They also don’t give out cars to journalists for reviews, stating their customers know what they are buying and that the cars speak for themselves.
Well it seems their old-fashioned ways of doing business (not to mention the out-dated technology found in these vehicles) has caught up to them. According to latest reports out of U.K., Bristol cars has gone into administration – a fancy legal term that essentially means they’ve run out of money. A last effort to save the company is being explored at the moment, but it seems the company will end up being reduced to running just the service and parts side of the business. For now, the administrators are confident that a new investor will come and save the company.
For the longest time, Bristol Cars was owned by the eccentric racing driver Tony Crook, who was famous for his arrogance and his lack of interest in modernization of the brand.
Bristol Cars was then sold to Toby Silverton in 2001, who had tried to modernize the brand with cars like the Fighter (pictured above), while retaining their aeronautical roots (they made fighter airplanes that were used in World War Two). Despite being a capable supercar, the Fighter could not shake-off the fact that its V10 engine came from a much cheaper car, the Viper SRT-10.
Will the company be now scooped up by one of the German automotive giants (like pretty much all of the British car industry) or will it be consigned to the history books? Time is running out on this 65-year old brand.
Kyle Busch isn’t without controversy both on and off the track. And while his fellow NASCAR drivers might have an unflattering thing or two to say about him, there’s no denying Busch is a force to be reckoned with on the race track. In an unprecedented set of events at Bristol, Tennessee, Busch drove two Toyota Camrys and a Toyota Tundra (no… not at the same time) to sweep the NASCAR weekend, becoming the first driver ever to do so.
The three events Busch swept were the NASCAR Sprint Cup Series, NASCAR Nationwide Series, and NASCAR Camping World Truck Series. It was definitely a historic achievement for Toyota’s presence in NASCAR, and for Kyle Busch and his team. Now if only he could play nice with the other drivers.
Official press release available after the break.