1986 Lotus Esprit S3 Coupe 2-door 2.2l on 2040-cars
Las Vegas, Nevada, United States
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Behold
an amazing example of the beautiful Lotus Esprit S3. This car is
arguably the ultimate Lotus Esprit, marrying the gorgeous Giugiario body
with S3 galvanized chassis, 5-lug BBS wheels, bigger brakes, and more
robust rear suspension than the earlier models. This car is one of only a
few in the United States and may be the nicest example on Earth! This
car was purchased new at the factory by a Californian and shipped back
to the United States when the gray market was alive and well. It has
lived it's life in garages in California and Nevada and has zero rust
and corrosion. I am the second owner of the car. The original owner parked the car in his garage with a thick cover on it in 1991. There is sat for the next
20 years. When I purchased the car, it needed a little TLC to get it running again. Exterior: The
paint is in excellent condition except for a few small blemishes that
are captured in the pictures (some rock chips in the lower front valence
area, 1 chip in the right rear bumper, and one craze mark in the rear
hatch near the lower left corner of the window.) The red color is very
deep and could be polished to new condition without much elbow grease. I
polished a few sections with Zymol as a test and they turned out
beautiful. The BBS
wheels are in perfect condition except for one small curb mark shown in
the one picture of the front right wheel. The Goodyear Eagle GT tires
are certainly period correct, and may be the original units. The tires
are in very good condition with no cracks in the rubber. The
sunroof is one of the great features of the S3. I've seen many Esprits
hacked to try to
recreate this effect, but this car has the actual factory sunroof with
all the required reinforcement that go with it. For taller drivers, this
feature helps provide more head room. The sunroof mechanism works fine
and there are no leaks. All of the lights on the car are in good condition except for one crack in one of the front turn signals. The underbody of the car is in excellent condition with no signs of damage or jacking at the wrong location. Engine:
I checked compression, rebuilt both carburetors, replaced the factory
fuel line with modern braided stainless lines made by Dave Bean,
replaced the fuel pump with a New Solid State Unit, replaced the spark
plugs, changed the oil and filter, and rebuilt the clutch slave
cylinder. It comes with a K&N air filter that has not been
installed yet. The engine runs rough when cold but smooths out when
warmed up. A tune up by a Lotus expert would help get
the most from the engine, but it is driveable as it is. The engine has
no oil leaks. Drivetrain: The transmission shifts perfectly into all gears. The clutch works perfectly. Brakes: The brakes do not pull to either side, indicating that all the calipers are functioning correctly. Interior: The
interior is in excellent condition. The leather dash is like new and
has had no chemicals put on it under my watch. The seats are in new
condition, having been protected by custom sheep skins their entire
life. The sheep skins are in excellent condition too. The carpet is in perfect condition. There are slight signs of wear on wear points like door handles. Electrical: All
electrical components that I have tried work including the dash lights,
turn signals, headlights, power windows, and radio, except the horn. I have not tried
the air conditioning,
but suspect it would need a recharge at a minimum. Note: the car will
not be shipped with a battery. Accessories: The car comes with the original spare, manual, jack, and tool kit. The
car has an audiophile stereo from that era including Nakamichi TD-500
deck, Proton amplifier behind the passenger seat, and Blaupunkt
speakers. The car comes with service records dating back to the 1980s and all the receipts I have generated. It also comes with a thick form-fitting car cover that protects the car well. Things
the car needs: The shocks for the rear hatch need replacing, I took
the buckles for the engine cover off when I was replacing the fuel lines
and have not put them back on. This is why the carpet looks like it is
falling down off the engine cover in the boot area. The
Actual VIN number is SCC085912GHH10647. I had to change the check digit
to 6 for Ebay to accept the VIN number. This is probably the result of
the Gray Market entry into the US. You can decode the actual VIN at
espritfactfile dot com to see the manufacturing details of the car. Bottom
line: If you have ever wanted a Giugiaro-bodied Lotus Esprit, this is
your best shot of having a museum example. This car is amazingly correct
with perfect seats and good original tires. It is currently located in
Las Vegas, NV. I'd be happy to answer any other questions that you have.
Happy Bidding! On Oct-21-13 at 19:27:08 PDT, seller added the following information:
On Oct-22-13 at 17:26:50 PDT, seller added the following information: Additional Information.. |
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Tue, Dec 29 2015Running a Formula One team is anything but cheap and straightforward, but it didn't cost Renault much to reacquire the Lotus team from Genii Capital. In fact, according to the latest reports, the French automaker paid just GBP1 – less than a buck fifty – for the privilege. Still, the process was deeply complicated. The reason Renault was able to get it so cheap is because the team was deeply in debt, part of which Renault will now assume. Less than a year ago, the team was said to be nearly $200 million in the red, and just a few months ago Renault came to its rescue to pay a $4 million tax bill to the British government. Under the terms of the new deal, Renault will assume the debt that the team's previous owners had accrued, but will be spared the nearly $150 million which its stakeholders loaned to the team. The history of the outfit based in Enstone dates back to 1981 when it was founded as Toleman Motorsport. French fashion giant Benetton bought the team in 1985, which in turn sold it to Renault in 2000. A decade later, after two world championship titles, Renault began stepping back its involvement in the team and gradually transferred ownership to investment firm Genii Capital, which has run it ever since under the Lotus name that it secured from the automaker under contract until 2017. Unable to fund a competitive team, Genii has now sold the team back to Renault, but the financial intricacies of the deal are far from straightforward. To start with, Genii and its subsidiary Gravity Motorsports (the team's parent company) didn't hold all the shares in the operation, so it bought back over 6 million shares from Whiterock Alliance to add to its own 60 million shares. The vast majority of those shares were then transferred (for that princely sum of GBP1) to Gringy (UK) Ltd, the shell company that technically owned the team in its Benetton days. Gringy (a wholly owned subsidiary of Renault) will hold a 90-percent stake in the team, with the last 10 percent remaining in Genii's hands and those of its investors. In the process, the outfit will now rejoin the likes of Ferrari and Mercedes among the F1 teams developing their own powertrains. Related Video: News Source: Motorsport.comImage Credit: Dimitar Dilkoff/AFP/Getty Earnings/Financials Motorsports Lotus Renault F1 genii capital
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