Find or Sell Used Cars, Trucks, and SUVs in USA

2011 Lotus Exige S 260 Final Edition on 2040-cars

US $74,500.00
Year:2011 Mileage:5315 Color: Silver /
 Black
Location:

Walnut Creek, California, United States

Walnut Creek, California, United States
Advertising:
Transmission:Manual
Body Type:Coupe
Vehicle Title:Clear
Engine:1.8L, I-4 cyl
Fuel Type:Gasoline
For Sale By:Private Seller
Condition:

Used

VIN (Vehicle Identification Number)
: SCCLHHAC4BHA12364
Year: 2011
Number of Cylinders: 4
Make: Lotus
Model: Exige
Trim: S
Options: Leather Seats, CD Player
Drive Type: RWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Mileage: 5,315
Power Options: Air Conditioning, Power Locks, Power Windows
Sub Model: S 260
Exterior Color: Silver
Interior Color: Black
Warranty: Vehicle has an existing warranty

2011 Lotus Exige S 260 Final Edition finished in Arctic Sliver with Black leather interior. This Final Edition Exige is #12 of only 30 produced in North America closing out the era of the Lotus Exige production.  Driven just ~ 5,350 miles, this near flawless Exige remains under factory warranty. Car has clear bra. Interior is in flawless condition.

 

I am the 2nd owner; I acquired the Exige in Aug 2013 from an authorized Lotus dealer in Pittsburg, PA.  The car is located in the San Francisco Bay Area and has always been garaged and covered when not in use.  This Exige S 260 Final edition comes equipped with the following:

  • 257 bhp super charged engine
  • Y-type 5-spoke forged alloy wheels in black
  • Limited Slip Differential
  • Premium Alpine stereo/CD Player w/MP3 decoder
  • Air conditioning
  • Dual airbags
  • Remote keyless entry and security system
  • Track Pack 

    • track suspension (adjustable dampers and adjustable ride height)
  • Sport Pack 

    • ProBax sport seats
    • Lotus Traction Control system (TCS)
    • BS4 T45 steel roll-over hoop and struts
    • Adjustable front anti-roll bar
  • Touring Pack

    • Padded leather door panels
    • Perforated leather door inserts
    • Leather trimmed center console
    • Black perforated leather handbrake-lever gaiter
    • Black carpet mats with embroidered Exige logo
    • Noise insulation material
    • iPod stereo connection 


-  Upgraded exhaust to Larini Club Sport installed by Dietsch Werks

 

Also includes: Framed certificate from Lotus, Original marketing brochure, 30-page hardcover Exige book from Lotus.  

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Renault paid GBP1 to buy back its F1 team

Tue, Dec 29 2015

Running 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

Renault will buy back Lotus F1 Team

Wed, Sep 30 2015

Renault's relationship with Red Bull may be about to crumble, but the French automaker isn't calling it quits on Formula One altogether. Instead, Renault will cease being an engine supplier and instead acquire Lotus F1 to become a full-fledged manufacturer and team owner again. The long-anticipated deal will see Renault re-acquire the team currently known as Lotus F1 from present owner Genii Capital, an investment fund. Renault owned the team outright before selling it to Genii back in 2009. This move will see the Enstone outfit move back under Renault's roof – and hopefully get more resources than Genii could muster. Renault recently had to come to the team's rescue after an outstanding tax bill threatened to send it into bankruptcy. The deal will likely mean the end of the Lotus name in F1 once again, after the rights were hotly contested between this team and the now-departed Caterham outfit. The Enstone-based outfit will become Renault's principal team, just as Mercedes and Ferrari run their own teams and also supply engines to others. Over its various eras of ownership, the team has shown that it has what it takes to win, given the right drivers and resources. The question is whether Renault can get its engines up to speed again to catch up to its rivals. The partnership between Daimler and the Renault Nissan Alliance created speculation that the two could strike a deal in F1 as well that could see Renault running Mercedes engines in the future - just like the Lotus team currently does. F1 : SIGNATURE OF A LETTER OF INTENT BETWEEN RENAULT GROUP AND GRAVITY MOTORSPORTS S.A.R.L Renault Group and Gravity Motorsports S.a.r.l., an affiliate of Genii Capital SA, are pleased to announce the signature of a Letter of Intent regarding the potential acquisition by Renault of a controlling stake in Lotus F1 Team Ltd. The signature of this Letter of Intent marks Renault's first step towards the project of a Renault Formula 1 team from the 2016 racing season thereby extending 38 years of commitment of the brand to world's premier motorsport championship series. Renault Group and Gravity will work together in the coming weeks to eventually turn this initial undertaking into a definitive transaction provided all terms and conditions are met between them and other interested parties. Related Video: Featured Gallery Lotus Renault GP 2011 livery News Source: Renault Earnings/Financials Motorsports Lotus Renault F1 genii capital

European commission investigating F1 finances and anti-competitive accusations

Fri, Jan 9 2015

The Kingdom of Formula One reminds us of renaissance Florence - ruled by a singular chieftan behind a mask of representative involvement, rife with spectacularly convoluted machinations, awash in innovations that help define our world and far-flung, vindictive misery. If we found out Bernie Ecclestone's real last name was de Medici, well, it would explain a lot. Now after a bit of back-and-forth, the European Commission (EC) has taken aim at the kingdom, investigating whether F1 is anti-competitive and if the FIA has abused its antitrust agreement. The reason for EC scrutiny is that a British member of the European Parliament who represents an area in southwest England, Anneliese Dodds, has fielded complaints from engineering companies in her constituency that recent moves in F1 have put them out of business. She wrote to the EC to question why the FIA now has a stake in F1 when it signed an agreement in 2001 to be solely a governing body and abdicate any stakeholding in the sport. She also questioned the F1 Strategy Group, a group of the six top teams in F1 that makes decisions about the direction of the sport; she says that the Strategy Group not only appears to be a case of the F1 shirking its rule-making duty, it has resulted in unfair treatment of the small teams that aren't in the group. Dodds has a bit of a point. In 2001, the FIA sold F1's commercial rights to Ecclestone for 100 years for a sum of $313.7 million. That was done to placate European regulators who insisted that "the role of FIA will be limited to that of a sports regulator, with no commercial conflicts of interest." Although the rights are ultimately owned by the FIA and bring in a $10M fee every year from Formula One, those rights bring in $1.6 billion each year to Formula One Management (FOM), the company that owns F1. When Ecclestone was trying to get the new Concorde Agreement signed in 2013 that governs the running of the sport, the FIA wouldn't sign, saying it wanted F1 to share a larger slice of its revenue – the FIA has been losing money for years, see. To the get the FIA to sign, Ecclestone sold it a one-percent stake in F1 for $460,000 and gave the FIA a $5M signing 'bonus;' whenever F1 has its IPO, that stake is estimated to be worth about $120 million - not a bad return. Yet, according to the aforementioned 2001 agreement, the FIA can't have that equity stake.