Caterham Cars will expand its sports car model line-up beyond its core Seven range following its acquisition by Formula 1 outfit Team Lotus.
Plans by Team Lotus Enterprise, the Tony Fernandes-led holding company that now owns both Team Lotus and Caterham, include taking Caterham’s existing Seven and SP.300/R models to new markets, prominent F1 exposure for Caterham, and Team Lotus F1 technology filtering down to Caterham’s road cars.
Fernandes confirmed that there “will be new models” from Caterham. “We’ve got lots of ideas that will be implemented in time,” he said. “Our actions will speak and there’s lots to look forward to.”
Caterham’s existing management, led by Ansar Ali, will stay on under Fernandes’s ownership. Ali said the firm had “ambitious aspirations to expand the portfolio consistent with the Caterham formula”.
He added: “We will be looking at expanding with Seven-esque cars. Anything we offer will be an affordable supercar with wide appeal that complements what we’ve already got.”