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Submitted by: Charles Flood
About the most found British auto brands will be the Lotus. It absolutely was previously owned by Bugatti and is committed to design, build and manufacture sports autos and racing cars and trucks. Lotus is famous for its ability to think of autos that are lightweight and possess superior handling overall performance.
The Lotus Cars Company is one of the best making British car companies ever that have brought hundreds of superb and top of the line cars and automobiles as of date. It has its main branch in Norfolk England whilst having several other branches situated all over the United States, Asia, other parts of Europe as well as the rest of the globe. The line of cars that this prestigious car company produces is mainly based on sports and racing cars unlike other car companies that also produce trucks and vans.
The Lotus Car Company is currently under the management of Proton, a Malaysian based car making company. Ever since the bankruptcy of Lotus since the early part of the 1990s particularly last 1994, Proton has been the one to continue the Lotus legacy that has left thousands and thousands of people in awe with regard to sports and racing cars that only the Lotus Company can manufacture.
In 1952, Lotus Engineering Ltd was formed and was in which Team Lotus arose in. Team Lotus was active inside Formula just one race continuously from 1958 until finally 1994 where it had its fair share of championship seasons. The authentic owner of the company, Colin Chapman died in 1982. Four several years later, General Motors came in towards the picture and bought the company. In 1993, Standard Motors sold Lotus to Bugatti Automobili SpA. A few many years later, when Bugatti was faced with bankruptcy, it sold the controlling interest to Proton, a Malaysian auto firm. Proton is still the current proprietor of the Lotus Engineering Ltd.
Through the a long time of Proton’s ownership of Lotus, they’ve already continued manufacture of fine-tuned super cars that had the ability to withstand and surpass the standards of other similar models from other manufacturers. The Exige and the Elise types now use the specifications that Toyota employed for the Matrix XRS and Celica GT-S.
News broke out within the year 2009 season with the Formula Just one races that Lotus is producing a comeback in towards racing scene. Rumors about this new phase for that Lotus group has immediately spread. It was not until recently that Proton and Lotus confirmed their participation in to 2010 Formula A single season where they will likely be taking the 13th spot. However, since it is no longer solely owned by the original Lotus Engineering Ltd key men and women, it will no longer be treated as part of the records, image and notoriety of the original Lotus Team. To the 2010 season, the entry will be named the Lotus F1 Team given that Proton even now has the get right of entry to its original brand.
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