TVR could be back after it was revealed that key elements of the company had been sold to UK-based interests. Scroll through our picture gallery for all the previous standout TVR cars
10 July 2012

Recent developments have suggested that TVR could be back, after the former owner Nikolai Smolenski told Autocar that the rights for TVR's parts and designs had been sold to a UK interest.

Previously, the former owner of the TVR sports car name had given up hope of ever restarting production. Smolenski, a Vienna-based Russian investor, had spent years developing various TVR prototypes but told Autocar that costs and customer demands are now too high to make the project viable.

He was reputedly going to take the name to a new venture building portable wind turbines.

Smolenski bought the Blackpool-based firm in 2004 for a rumoured £15 million and operated it in fits and starts until production ceased at the end of 2006.

Amid difficulties with retrenchments and the sale of assets, Smolensky moved to Austria, where he set about building three prototypes with the hope of kickstarting a modern era for TVR.

“We built three cars,” said Smolenski. “A Tuscan Mk2 convertible with a 400bhp Corvette LS3 engine, a Cerbera powered by a BMW twin-turbo V8 diesel and a GT350 powered by a 100kW electric motor. They all worked well, but the costs were high. We would have to sell them at between £100,000 and £200,000, which was too high to make sense.”

At one stage Smolenski commented that he was close to striking a deal with Caterham Cars to provide support for a manufacturing operation, but he lacked confidence that the cars would sell profitably. Spare parts for existing cars remain available through Performance Engines, Racing Green and TVR Power.

Smolenski had stated that he had no plans to sell the TVR name, but indicated he would listen to proposals. Speaking prior to the recent announcements, he had said “People contact me sometimes, but any TVR plan would have to deliver a good return.”

Click here to read more about the latest TVR news.

Join the debate

Comments
29

TBC

11 July 2012

I occasionally looked at thye website to see if there was any news. The last time I looked there was no information available at all, which I thought was worrying, after it carrying details of the 'reborn' and 'new' cars with the LS3 engine that it had contained.

I guess blowing the best part of 30 million pounds of his fortune the first time round has stripped him of his resolve.........

11 July 2012

What is this going to do to Sagaris prices, I'm currently looking to buy a Sagaris and prices for good ones have gone up to £50K+, with not many built and it being by far the best and most sorted TVR ever prices are now going to rocket even more, still it's good news Ls engines are now not going to be fitted to these fantastic bespoke cars as the TVR speed six engine is now outstanding especially the upgraded 4.5 SS TVR power speed six engined car I was lucky enough to drive the other day.

11 July 2012

It's £10k for the upgraded 4.5 SS TVR speed six and that comes with a 5 year warranty(according to the chaps I spoke to), it's also now a very reliable engine and has a lot more torque than the standard engines, it also has more than enough power seeing the Sagaris only has 265 tyres and no driver aids with power now at 420Bhp in a car that weighs about a tonne, a 100% bespoke TVR appeals to me especially the fantastic looking Sagaris, I'm not interested in a TVR kit car with a 3rd party engine, just hope prices don't rocket up for a least a month.

11 July 2012

Ben Brown wrote:

It's £10k for the upgraded 4.5 SS TVR speed six and that comes with a 5 year warranty(according to the chaps I spoke to), it's also now a very reliable engine and has a lot more torque than the standard engines, it also has more than enough power seeing the Sagaris only has 265 tyres and no driver aids with power now at 420Bhp in a car that weighs about a tonne, a 100% bespoke TVR appeals to me especially the fantastic looking Sagaris, I'm not interested in a TVR kit car with a 3rd party engine, just hope prices don't rocket up for a least a month.

When i bought my Cerbera back 2001 the bespoke engineering was part of the appeal. Over 3 years of ownership, which i greatly enjoyed the running costs were huge, almost entirely down to the bespoke engineering.

The LS3 is a great engine and in something with as little weight as a TVR will fly. I know if chariterisics are very different to the speed 6, but given the choice i would stick with the LS3.

I hope you do get your Sagaris. I would not have missed those 3 years, a TVR of the Wheeler era is a very special car

11 July 2012

I still like the Cerbera but talking to TVR specialists they all said stay away from them because they are money pits, also I drove a Cerbera and Sagaris back to back and the Sagaris was such a better car in every way, I have been told to budget around £500\£1500 a year for Sagaris servicing costs and that seems more than ok for such a car like a Sagaris especially as Sagaris prices will only increase.

 

 

11 July 2012

I'd agree on the Sagaris - great car! great looking, nothing else remotely like it, and it was a hoot to drive the one time I got to play in one.

13 July 2012

Orangewheels wrote:

I'd agree on the Sagaris - great car! great looking, nothing else remotely like it, and it was a hoot to drive the one time I got to play in one.

How about the T350C? And it is great looking, yes. Such a shame we're left with dullards like Porsche as truly vibrant visuals created by TVR have been consigned ot the past.

15 July 2012

The Special One wrote:

Orangewheels wrote:

I'd agree on the Sagaris - great car! great looking, nothing else remotely like it, and it was a hoot to drive the one time I got to play in one.

How about the T350C? And it is great looking, yes. Such a shame we're left with dullards like Porsche as truly vibrant visuals created by TVR have been consigned ot the past.

 

I have a T350c and love it but the Sagaris especially with the 4.5 TVRPOWER Speed Six Supersport engine is in a different league and feels far more planted on the road, I'm looking to upgrade to a Sagaris but prices are crazy and dealers I have been talking to say they are only going to go up even more so if I want one buy it now, One dealer said Sagaris will be £100k cars soon but I think that is just dealer talk, but it's my dream car and I just have to have one so I will just have to bite the bullet and spend the dosh.

11 July 2012

Nikolai Somlensky really doesn't have a clue, does he?   So why is anybody wasting their time with him?

Wind turbines?   Better to stick a generator on to Peter Wheeler as he'll be turning in his grave at the very thought!

 

11 July 2012

Let's hope that the wind turbines are more reliable than the cars.

Pages

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week