Lotus is planning to power the new Esprit with its own design for a V8 engine, company boss Dany Bahar has revealed to Autocar.
“We have done three engines for other manufacturers; why not do it ourselves?” he said. “The engine is the heart of a sports car; we should do our own product.”
Bahar admitted that despite the high investment costs of developing two new engines it could end up paying dividends with future cost savings brought about through commonality of parts.
Lotus engineering chief Wolf Zimmerman also revealed that the planned three-strong family of mid-engined Lotuses that will start with the Esprit will share a common platform, brakes, suspension and electrical systems.
Bahar also revealed that customer reaction to the new Esprit being powered by a Toyota V8, as was originally planned, was behind the decision.
“In the mind of sports-car enthusiasts, Toyota power might not be good enough,” he said.
But the final decision on whether Lotus will green light the cash for engine development will be taken at the end of January. “The decision then will be purely financial,” said Bahar.