TVR Return to Production Confirmed by New Owner
British sports car brand TVR made headlines last week after an image on the brand’s retail site suggested it was returning to the U.K.
Now the maker has confirmed that former owner Nikolai Smolenski has sold to company to Surrey-based entrepreneur Les Edgar.
“This wasn’t a snap decision. We have the money to do it, and we have a unique collection of people with business acumen and passion,” Edgar said in an interview with Top Gear.
SEE ALSO: TVR ‘Roaring Back,’ Sold to British Interests
Smolenski bout TVR in 2004 for a reported £15m but never built any new cars. He had also spoke about plans to use the brand name on wind turbines. That isn’t something Edgar plans to do.
“We bought TVR for what it is, and we don’t want to dilute that. We want to build on the DNA, and that’s unlikely to apply to anything but cars,” he said.
[Source: Top Gear]
Luke is an energetic automotive journalist who spends his time covering industry news and crawling the internet for the latest breaking story. When he isn't in the office, Luke can be found obsessively browsing used car listings, drinking scotch at his favorite bar and dreaming of what to drive next, though the list grows a lot faster than his bank account. He's always on <A title="@lukevandezande on Twitter" href="http://twitter.com/lukevandezande">Twitter</A> looking for a good car conversation. Find Luke on <A title="@lukevandezande on Twitter" href="http://twitter.com/lukevandezande">Twitter</A> and <A title="Luke on Google+" href="http://plus.google.com/112531385961538774338?rel=author">Google+</A>.
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