1978 Lotus Espirit S1-20 Year Barn Find!!! on 2040-cars
Brentwood, Tennessee, United States
Body Type:Coupe
Engine:LOTUS 907 -4 CYLINDER
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Interior Color: Brown
Make: Lotus
Number of Cylinders: 4
Model: Esprit
Trim: 2 DOOR COUPE
Drive Type: RWD
Mileage: 55,000
Sub Model: ESPIRIT S1
Disability Equipped: No
Exterior Color: Black
Warranty: Vehicle does NOT have an existing warranty
RARE LOTUS ESPIRIT S1!! STORED IN A BARN ON BLOCKS FOR OVER 20 YEARS. ONE OF 718 S1'S PRODUCED WORLDWIDE. THE CAR WAS BUILT IN NOVEMBER 1977 MAKING IT ONE OF THE LATER BUILT S1 CARS. THE S1'S WERE DESIGNED BY GIORGETTO GIUGIARO AND THEY WERE PRODUCED FROM 1976-1978 AND MADE FAMOUS IN THE JAMES BOND MOVIE THE SPY WHO LOVED ME, IN 1977. THESE WERE LIGHT WEIGHT CARS (2,205 LBS) FITTED WITH FIBERGLASS BODIES AND WOLFRACE ALLOY WHEELS. THE INTERIOR IS DIFFERENTIATED FROM THE LATER CARS IN THAT IT HAS THE GREEN FACED VEGLIA GAUGES ON THE DASH.
THIS EXAMPLE IS IN NEED OF TOTAL RESTORATION. IT IS SUBSTANTIALLY COMPLETE. I DO HAVE THE EXHAUST WHICH IS OFF OF THE CAR. THE BODY IS IN GOOD SHAPE. THE HOOD DOES NEED A SMALL AMOUNT OF FIBERGLASS WORK. THE CAR WAS RECENTLY RETRIEVED FROM STORAGE. I AM TOLD THAT THE ENGINE WAS TURNED AT LEAST ONCE A YEAR WHILE IN STORAGE. I HAVE NOT TRIED TO START IT AS I WAS ADVISED TO CHANGE THE TIMING BELT BEFORE TRYING IT. THE GLASS IS IN NICE SHAPE. THE SEATS HAVE BEEN RECOVERED AND THEY ARE IN GOOD SHAPE. THE FRONT AND REAR BUMPERS NEED WORK. THE FRONT SPOILER NEEDS REPLACED.
THE S1'S ARE BECOMING INCREASINGLY COLLECTIBLE CARS WITH VALUES DOUBLING AND TRIPLING IN EUROPE OVER THE LAST COUPLE OF YEARS. WITH ALL EYES ON THE SEPTEMBER AUCTIONING OF THE GENUINE JAMES BOND S1 CAR I BELIEVE VALUES WILL CONTINUE TO MOVE UPWARDS AS THE MODEL ATTRACTS WORLDWIDE ATTENTION.
I HAVE A CLEAN TENNESSEE TITLE. I WILL CONSIDER INTERESTING CAR AND TRUCK TRADES. I RESERVE THE RIGHT TO CANCEL THE AUCTION AT ANY TIME. OVERSEAS BUYERS ARE WELCOME.
On Aug-24-13 at 15:09:31 PDT, seller added the following information:
LOTUS ESPRIT (TYPO ON TITLE) BARN FIND!!
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Lotus settles with ex-CEO Dany Bahar, avoids London High Court
Sun, 25 May 2014Five years after it began, it appears the Dany Bahar tenure at Lotus is finally over. After former Lotus owner Proton brought in the ex-Ferrari and Red Bull marketing savant to run the company in 2009, everything had gone pear-shaped by 2012: Proton had been sold to Malaysian auto supplier DRB-Hicom, who suspended Bahar and then fired him for what it said were expense-account transgressions (although Bob Lutz reportedly said something different).
The separation led to the expected suit and countersuit, Lotus going after Bahar to get its money back, Bahar filing a $10.6-million suit againt Lotus for wrongful termination and potential bonus money. The case was set to go to trial next month but both parties have settled, the terms undisclosed, a DRB-Hicom statement saying only that "the parties involved in the legal suit have signed a Settlement Agreement and Release... and have agreed to withdraw their claims against each other."
Now that that bit of housecleaning is all cleared up, can new CEO Jean-Marc Gales please get our Esprit?
Genii capitalizing on Lotus F1 tech with new sports car?
Fri, 24 Jan 2014Detractors will tell you that there's little to be applied from Formula One racing to the cars we drive, but what about the cars most of us could only dream of driving? We're talking about supercars from the likes of Ferrari and McLaren - two hugely successful F1 racing teams that have successfully made the transition into building exotic sports cars for the road. And soon there may be one more.
That would be the Lotus F1 Team, which is rumored to be working on a sports car project of its own. Now we know what you might be thinking: Lotus already makes sports cars. Indeed they do, only the F1 team has nothing more to do with the automaker behind the Exige and Evora than the name they share. Today the team (formerly known as Toleman, Benetton and Renault) is owned by Genii Capital, whose chairman Gerald Lopez recently confirmed the rumors to Auto Motor und Sport: "We are going to develop a carbon chassis for a sports car that can be built in large quantities.... But this has nothing to do with Formula 1."
With little to nothing in the way of details available, the circulating rumors had tied the venture to on-again, off-again Italian auto marque De Tomaso. But our source at ATS (which recently bought the rights to the De Tomaso name following Gian Mario Rossignolo's aborted attempt to revive it) firmly denied the prospect of any such collaboration. Spokesmen for the Lotus F1 Team would not divulge any information; neither would the press office for parent company Genii Capital, leaving the door wide open to speculation once again.
Volkswagen looking to acquire Proton, Lotus?
Thu, 26 Jul 2012Let's say you're an automaker bent on world domination looking to grow your sales. That's going to have you looking at Asian markets, because that's where some of the biggest growth has been, and that's exactly what Volkswagen is doing as it considers making another run at Malaysia's Proton.
Reuters reports that Volkswagen is interested in at least a partial stake, if not a controlling interest in Lotus-parent Proton as a way to continue a production presence in the region without having to build its own factory.
Volkswagen already builds the Passat in a DRB-HICOM facility in Pekan, Malaysia, and plans are in place to build the Jetta and Polo there, as well. With both southeast Asia and its relationship with Proton figuring so importantly in Volkswagen's plans for expansion, buying into Proton can help ensure stability. Volkswagen is being tight-lipped about the whole idea, but CEO Martin Winterkorn did recently say, "it's our clear goal to continue the successful (expansion) course of past years with great dynamics and stability," which sounds an awful lot like deals are on the table to smooth the path to further growth.