Smolenski outlines Veyron-beater

Veyron: TVR is on your tail...
Veyron: TVR is on your tail...
Could TVR rise again from the ashes?

TVR owner Nikolai Smolenski recently gave an interview to Swiss magazine Automobil Review last week in which he said that the buy-back of Blackpool Automotive after it has been placed into administration was a way of cutting his losses. In other words, he reacquired the company shorn of its debts.

He also said that he retains ownership but the contract with the two US businessmen, Adam Burdette and Jean Michel Santacreu, for which they paid £10 million, contains a management buy-out clause that includes a profit for him. Until cash starts to flow, he remains in charge and will concentrate on finance and contractual matters.

He said he could understand why people who worked there were angry with him but pointed out that he's lost the most money.

For the future, Smolenski opened up the possibility of production remaining in the UK. He said that Lotus had expressed interest but that Bertone was a possibility.

His plans for the cars remain unchanged. As well as retaining the Speed Six-powered Tuscan and Sagaris, a new supercharged Speed Twelve is due in 2009 - and is aimed at the Bugatti Veyron.

Ambitious plans indeed.

Comments (205) Join the discussion on the forum

  • johnny senna 13 Mar 2007

    Muppet.

  • pasthim 13 Mar 2007

    Agreed, he has lost the most but he also had the most control and has the largest resouces. Although it has all got very messy he did buy into an ailing company with his eyes open.

  • wadeski 13 Mar 2007

    WHY?

    why go after a car that lost VW, one of the worlds richest car manufacturers, zillions?


    When the market is (comparatively) lapping up the RX-8, 350z, Z4M, Cayman etc?

    please TVR, drop the dreamcars and build a new Cerbera. £30k base price, speed six, great looking body, easier to drive than the Sagaris and Tuscan.

    Speed Six = entry level & specialist "track" cars (i.e. Sagaris)

    V8 for Tuscan and other big GTs.

  • julianhj 13 Mar 2007

    Grade A B@$t@rd. shoot

  • angrys3owner 13 Mar 2007

    johnny senna said:
    Muppet.


    yes starting to agree with you, sounds like trying to run before he can crawl now.

View all comments in the forums Make a comment