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The Caterham Group has confirmed that it has sold its F1 team to a consortium of Swiss and Middle-Eastern investors.
Dyson Racing, reigning American Le Mans Series (ALMS) LMP1 champion team, will take possession of the first production Caterham SP/300.R over a year after it was revealed in partnership with Lola Racing.
Final assembly of the SP/300.R will take place at Dyson Racing’s facility in New York, where they are also the official U.S. distributor for Caterham Cars. The first production model will be used as the company’s demonstration cars with several more production models heading to America in a few weeks.
Dyson Racing played a pivotal role in developing the SP/300.R race car, sending former Le Mans 24 hour winner Guy Smith and its technical director, Peter Weston, out to Caterham’s test sessions during product development. The goal of the Caterham race car is to mirror the technology and appearance of the Lola Le Mans prototype, but in a more affordable fashionable.
“Like many of our customers, we can’t wait to get our hands on the SP/300.R. As in the UK, the popularity of track day driving is rocketing and the new vehicle is ideal for anybody who wants a reliable and cost-effective vehicle with very serious but accessible performance,” said Chris Dyson, Dyson Racing Team Vice President and Sporting Director.
Check out two videos on the Caterham SP/300.R after the break.
Caterham boss Anser Ali recently confirmed during an interview with Car Magazine that the company has plans for an affordable sports car to go on sale by 2015 that will have at least three models, including a racing variant.
Ali confirmed to Car Magazine that they have financial backing to bring a second Caterham to market which will sit alongside the iconic Seven. The new model will feature fixed doors and a roof. They plan to offer at least a coupe and convertible variants with hopes of a third model choice.
The new model will be built from the ground up. “We’re starting from scratch in terms of the platform technology and powertrain,”Ali said. “We’re not trying to take the Seven and make it slightly bigger, slightly higher, slightly wider.”
Caterham is hoping this new model will help the automaker expand sales beyond 500 units per year. Ali hopes to achieve five times their current sales by appealing to customers in new markets. The U.S. in the cross hairs, but Caterham is counting mostly on Chinese consumers to boost their numbers.
Even though very few details about this new model were revealed, Caterham did say that it hopes the new model weighs less than 2,200 lbs. Engine details remain scarce, but Ford may be a candidate considering their engines are used in the Seven.
[Source: CAR Magazine]