As British bank bonuses bounce back into the headlines, it's perhaps not a surprise to hear the P1 supercar club is planning a come-back as well.
The supercar 'time-share' club ran into difficulties earlier this year, but according to a report by Car, its founder Michael Breen is planning to relaunch P1 before the end of the year.
Apparently, in spite of falling into administration when the banks called in loans on its fancy fleet, P1 managed to retain 50 or so of the 240 members it had in the boom years throughout this difficult period. According to the report, Breen has bought P1 back from the administrators and is hoping to claw some of its former business back with plans to bring in the latest supercars including the Ferrari 458 Italia, Merc SLS and the McLaren 12C if they can.
There are three levels of annual membership available, ranging from £9,250 to £14,250 - each attracting different levels of 'tier points' that can be exchanged for time in the supercar of your choice. Former members who lost money earlier in the year will have all their tier points reinstated if they rejoin, we're told.