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1988 Lotus Esprit Turbo Se on 2040-cars

Year:1988 Mileage:9162
Location:

Advertising:

1988 LOTUS ESPRIT TURBO SE!!

ONLY 9,162 MILES!

NO RESERVE!!  WINNING BIDDER

TAKES IT HOME!!

 

*Limited Anniversary Edition

*Number 66 of 88 Built

*One of only 44 Produced in Pearlescent White

 

Now you can take home a very unique vehicle with quite the colorful history.  This car was owned by Stuart Arnold, founder of the Auto Trader publishing empire.

 

Full set of owner's manuals, original window sticker, copy of insurance registration card in the name of Stuart Arnold adds to the authenticity of this vehicle.

 

For 1988, Lotus introduces an all-new body for it’s flagship. The original body, designed by Gioggetto Giugiaro at Colin Chapman’s request on a modified Lotus Europa chassis, had that folded paper, automotive origami styling so in vogue in the Seventies, best exemplified by Giugiaro’s design of the original VW Scirocco. While many a more recent design has aged more rapidly, the Esprit styling has stood the test of time very well, but is now beginning to look just a bit dated. To inject some more life into the design, and to campaign in the American marketplace with renewed vigour, Lotus has designed an all-new body shell for the old mechanicals, still attached to the same steel backbone, but this time to body is an in-house design by Lotus’ own Peter Stevens. The body is made by Lotus’ patented VARI ( for vacuum assisted resin injection) method, allowing greater strength and better consistency than the old bucket and brush hand lay-up methods.

The new body exhibits a smoother, more rounded shape, the rear buttresses have been cleaned up, combustion-air inlets have been blended in behind the rear quarter windows, and a sheet of smoked glass open at the bottom for ventilation, has been added to improve aerodynamics, replacing the sopped backlight and black louvers of the earlier models. Also gone is the tacked-on appearance of the skirts and bumpers: the new car has a much more integrated look. Not surprising, because the older body had to change over the years to meet changing times and performance levels. For example, in the original road test (R&T July 1977) the Esprit ran 0-60 mph in 9.2 seconds, the quarter mile in 17 flat, and topped out at 120 mph. The Turbo, as last tested (June 1986) did 0-60 in 5.6, the quarter in 14.3, and had a top speed of 152. That sort of top-end performance will exact its toll in aerodynamic changes, hence the somewhat cobbled-up look of the last of the Giugiaro-based Esprits.

Lotus had big plans for the future: the active suspension project M300 intended to compete square in the same class as the ultra-exotics such as Lamborghini, Ferrari and Porsche’s 959; and project M100, a small, more affordable sports car. Meanwhile, we have the new Esprit Turbo. An exotic by any standards, offering high performance in a limited-production car, Lotus hopes it will re-establish the company’s image in the U.S. as a maker of fine sporting machinery and pave to way for Loti of the future.

www.lotusespritturbo.com

DO NOT MISS OUT ON THIS OPPORTUNITY TO OWN A PIECE OF HISTORY!!

 

OFFERED BY FAYETTEVILLE NC'S PREMIER

IMPORT AND EXOTIC DEALER:

DAX'S DEALS, INC.

 

FOR MORE INFORMATION CALL:

DAX YARBOROUGH (910)527-4050

 

 

 

 

 

 

 

 

 

 

Auto blog

China's Geely buying majority stake in Lotus

Wed, May 24 2017

Geely, the Hong Kong car company that owns Volvo, is acquiring control of British car company Lotus. Geely is purchasing a 51-percent stake in Lotus from struggling Malaysian car company Proton, and a 49.9 percent stake in Proton itself. Etika Automotive will gain the other 49 percent of Lotus. France's PSA Group and Japan's Suzuki had apparently also been interested in acquiring Proton. Geely says it plans to revive both Proton and Lotus. "The agreement lays the foundation for a wider framework for both Geely Holding, Proton and Lotus to explore joint synergies in areas such as research and development, manufacturing and market presence," Geely said in a news release. Those joint synergies will be highlighted by the lightweight chassis technology Lotus is known for, which could help Geely improve fuel efficiency. Geely CFO Daniel Donghui Li said the company aims to "unleash the full potential of Lotus Cars" by expanding and accelerating new products and technologies. Proton was nationally held but was privatized in 2007 to Malaysian conglomerate DRB-Hicom, which is owned by tycoon Syed Mokhtar Al-Bukhary. It was supposed to be the flagship for Malaysia's economic development.Though it owns two factories, Proton mainly rebadges foreign-made cars and sells them in Malaysia. What it has, what Geely presumably wants, is a distribution network in Southeast Asia to pit Chinese cars against Japanese automotive dominance in the region. Retaining a 50.1-percent stake in Proton is seen as a face-saving move. "Proton will always remain a national car and a source of pride, as Proton will still have a majority hold of 50.1 percent," Malaysian finance official Johari Abdul Ghani said. "Our very own much-loved brand now has a real chance in making a comeback, a huge one I hope." Related Video:

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

Join XCAR as it explores the history behind the Lotus Seven

Fri, Feb 28 2014

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