1995 Lotus Esprit S4 29k Original Miles Mint Many Upgrades All Original Paint Nr on 2040-cars
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Lotus Esprit for Sale
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2017 Renault Alpine still looks like a Lotus
Thu, Jul 23 2015Two years ago, an oddly modified Lotus Exige was photographed speeding around the Nurburgring. While that car looked British, at the time Renault's engineers were reportedly developing the suspension for the future Alpine sports coupe underneath with some help from the folks at Ohlins. Now, our spies have spotted this weird Lotus-bodied mule out testing, and it might be a major hint that development for the reborn French brand is getting serious again. Unfortunately, it's hard to pull many details about the future Alpine just from this mule. Up front the air extractors are noticeably covered, and at the rear there's now a panel hiding the engine with just some small vents near the very back. The roof-mounted scoop appears to be the major means of sending cool air to the powertrain. Alpine has been back in the news as of late. At the 24 Hours of Le Mans, the brand's Celebration Concept was unveiled but without many real details. Then, at the Goodwood Festival of Speed, the car was filmed actually moving under its own power. Earlier reports suggest that a production version, possibly called the AS1, might come in 2017 with around 250 horsepower on tap from an engine mounted behind the driver. Engineers would keep weight as low as possible to make the most from that power. While no version in the US is likely, prices in Europe might be about the equivalent of $34,000 to $40,000.
Lotus F1 team $186 million in debt
Fri, 17 Jan 2014The Lotus F1 team has fallen on some hard times. Majority-owned by investment firm Genii Capital and having little to do with the British automaker with which it shares its name, the Enstone-based outfit has been widely reported to be in serious financial trouble. The extent of those difficulties were until now unknown, but a new report from Germany's Auto Motor und Sport reveals that the team is in the red to the tune of £114 million - equivalent to $186 million at today's conversion rates.
The lack in cashflow is widely believed to have been the impetus for Kimi Raikkonen's departure from the team in order to return to cash-rich Ferrari, and was one of the major factors in selecting Pastor Maldonado to replace him instead of a more proven and accomplished driver of Raikkonen's caliber. Maldonado brings with him major sponsorship funds from Venezuelan state oil company PDVSA. In speaking with the German publication, however, Lotus F1 chairman (and Genii co-founder) Gerald Lopez revealed that the lion's share of the team's debt - £80 million or $130 million - is with Genii Capital itself, a negative balance that isn't likely to affect the team's day to day. That leaves about $56 million which the team owes to outside parties, including Raikkonen, who has yet to receive the full pay he was contracted for.
The team has opted to sit out the first test session of the Formula One season at Jerez. Its 2014 chassis isn't ready and, given the relatively cold temperatures at this point in the year, the team wouldn't expect to learn much about tire performance and degradation. As far as the new engine goes, Lopez says that any knowledge gleaned by Red Bull, Toro Rosso and Caterham at the test session will ultimately be shared with Renault and through it back to Lotus as well. Lotus engineers helped develop the new KERS system with Renault regardless, so the team already has the energy-recovery data it needs. The team will instead prepare for the second test session in Bahrain, by which point it aims to have its new car ready to kick off the season. Lopez says that it has secured the funding to offset its costs for the season ahead, and that it is working to pay down its debt.
Lotus Elise Sprint adds lightness to lightness
Fri, Mar 17 2017Lotus announced the introduction of a new Elise trim level that exemplifies founder Colin Chapman's famous phrase of "simplify and add lightness." The new Elise Sprint combines the weight savings of the current standard Elise, along with a number of Sprint-exclusive parts for what Lotus claims is the model's most significant weight loss yet of about 90 pounds over the old model, bringing the car's dry weight (not curb weight) to 1,759 pounds. The exclusive Sprint parts account for about 57 pounds of that loss. They include a lithium-ion battery, forged wheels, polycarbonate rear window, and carbon fiber for the seats, roll bar cover, engine cover, and access panel. Interestingly, the biggest savings come from the lithium-ion battery, which is roughly 20 pounds lighter than the normal battery. Lotus also includes the optional two-piece brake rotors and carbon fiber door sills to reach the 90 pound total. This all translates to slightly quicker 0-60 mph times for Elise Sprint models over their Sport counterparts. Both the 1.6-liter 134-horsepower Sprint and 1.8-liter 217-horsepower Sprint 220 models complete the run to 60 mph a tenth of a second quicker than the equivalent Sport versions, with times of 5.9 and 4.1 seconds respectively. The weight loss also results in a price gain. For either Sprint model, you'll end up paying an extra GBP5,000, which is a bit over $6,100 at current exchange rates. Of course, the Elise isn't available in the US anyway, so it's a moot point. Related Video: