Caterham has announced that it has founded a separate engineering company that will focus on producing a new line of affordable sports cars. Caterham Technology and Innovation Limited intends to translate the lessons of lightweight performance gleaned from years of building the Caterham Seven into an accessible product for the masses. There's even talk of implementing lightweight materials and high-performance engine tech from the Team Lotus Formula One endeavor. Get excited.
Autoblog, Caterham confirms development of new sports car range
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