Who founded Lotus Cars in 1952?
"entered a lone 16 for the 1960 French and British Grands Prix, but again the car failed to trouble the Championship scorers. Three points scored using the Lotus 12. Thirty four points scored using the Lotus 18. <br> Lotus 16 The Lotus 16 was the second single-seat racing car designed by Colin Chapman, and was built by his Lotus Cars manufacturing company for the Team Lotus racing squad. The Lotus 16 was constructed to compete in both the Formula One and Formula Two categories, and was the first Lotus car to be constructed for Formula One competition. Its design carried"
"Colin Chapman Anthony Colin Bruce Chapman, (19 May 1928 – 16 December 1982) was an influential English design engineer, inventor, and builder in the automotive industry, and founder of Lotus Cars. In 1952 he founded the sports car company Lotus Cars. Chapman initially ran Lotus in his spare time, assisted by a group of enthusiasts. His knowledge of the latest aeronautical engineering techniques would prove vital towards achieving the major automotive technical advances for which he is remembered. His design philosophy focused on cars with light weight and fine handling instead of bulking up on horsepower and spring rates, which"
"Lotus Cars moved into a purpose built factory on the site of the airfield and developed portions of the runways and taxiways as a test track for their cars. The factory and engineering centres cover of the former airfield and use of runway. Much of the remaining runways have been removed and returned to agricultural use. The layout can still be seen from aerial photos. Lotus Cars designs and builds race and production automobiles of light weight and high handling characteristics. Colin Chapman, the founder of Lotus, died of a heart attack in 1982 at the age of 54, having"
"some profitability to the lineup. The new car was to resurrect the Elan name which had not been used since 1975 and, like the Excel, make use of the company's close relationship with Toyota to use already well engineered suspension and engine components. Initial designs were a coupe that didn't get much of an enthusiastic response from the board of the company. The project stalled when company founder Colin Chapman died in 1982, as Lotus found itself in financial trouble. David Wickens of British Car Auctions ended up taking a controlling interest in the company, and the project was started"
"the end of the racing season, it was apparent the Mark III was the best 750 Formula car in England. The Mark III could reach 50 mph in 6.6 seconda and had a top speed of 90 mph. At this time, Chapman was still working full-time at British Aluminum, and creating cars at nights and racing them, with the help of enthusiastic volunteers, on the weekends, but it was clear from the performance of the Mark III, and the demand, there was an opportunity here. Following this successful year, on 1 January 1952, Chapman established Lotus Engineering Company, with Michael"
"he famously summarised as ""Adding power makes you faster on the straights. Subtracting weight makes you faster everywhere."" Under his direction, Team Lotus won seven Formula One Constructors' titles, six Drivers' Championships, and the Indianapolis 500 in the United States, between 1962 and 1978. The production side of Lotus Cars has built tens of thousands of relatively affordable, cutting edge sports cars. Lotus is one of but a handful of English performance car builders still in business after the industrial decline of the 1970s. Chapman suffered a fatal heart attack in 1982, aged 54. Colin Chapman was born on 19"
"surnames of its two founders (COStin and duckWORTH). Both of the co-founders were former employees of Lotus Engineering Ltd., and Cosworth initially maintained a strong relationship with Colin Chapman; and initial revenues of the company came almost exclusively from Lotus. When the company was founded in 1958, Duckworth left Lotus, leaving Costin (who had signed a term-employment contract with Chapman) at the company. Until 1962, Costin worked on Cosworth projects in his private time, while being active as a key Lotus engineer on the development of Lotus 15 through 26 (Elan), as well as leading the Team Lotus contingent at"
"in 1971 by designer Oliver Winterbottom, who also suggested that Giugiaro use his Maserati Boomerang concept as the inspiration for the new Lotus. Work began on the new car in mid-1971 with production of a 1:4 scale model. According to Italdesign, Chapman was disappointed with the wind-tunnel test results with the model and halted the project, but the Italian coach-builder pressed on and built a full-size mock-up on a stretched, modified Europa chassis. That nameless prototype, often simply called ""the Silver Car"", appeared on the Italdesign stand at the 1972 Turin Auto Show and convinced Chapman to approve further development."
"holding company of Lotus Group Plc. Kimberley retired as CEO on 17 July 2009, replaced on 1 October 2009 by the former Senior Vice-President for Commercial & Brand at Ferrari, Dany Bahar. Bahar intended to drive the brand up-market into the expanding global luxury goods sector, effectively away from the company's traditional light weight and pure driving experience simplicity. Bahar was suspended as CEO on 25 May 2012 on a temporary basis, while an investigation into his conduct was undertaken. Lotus announced on 7 June 2012 the termination of Bahar's employment and the appointment of Aslam Farikullah as the new"
"as though they could win whenever they pleased. With Clark driving the Lotus 25, Team Lotus won its first F1 World Championship in 1963. It was Clark, driving a Lotus 38 at the Indianapolis 500 in 1965, who drove the first ever mid-engined car to victory at the ""Brickyard"". Clark and Chapman became particularly close and Clark's death in 1968 devastated Chapman, who publicly stated that he had lost his best friend. Among a number of automotive figures who have been Lotus employees over the years were Mike Costin and Keith Duckworth, founders of Cosworth. Graham Hill worked at Lotus"
"of the MIT Media Lab and the University of California, Berkeley School of Information. Lotus was founded in 1982 by partners Mitch Kapor and Jonathan Sachs with backing from Ben Rosen. Lotus' first product was presentation software for the Apple II known as Lotus Executive Briefing System. Kapor founded Lotus after leaving his post as head of development at VisiCorp, the distributors of the Visicalc spreadsheet, and selling all his rights to VisiPlot and VisiTrend to VisiCorp. Shortly after Kapor left Visi-Corp, he and Sachs produced an integrated spreadsheet and graphics program. Even though IBM and VisiCorp had a collaboration"
"manufacture the Lotus 7 now being owned by Caterham Cars who bought the rights to the car from Lotus founder Colin Chapman in 1973. Caterham Cars are a ""Component Car"" and are a continued development of Chapman's design, whereas all other Lotus 7 style cars are replicas, and are ""Kit Cars"" costing significantly less and not having the residual values of the Caterham. These Replica kit cars enable enthusiasts to possess a vehicle similar in appearance to a vehicle which because of scarcity they may not be able to afford, and at the same time take advantage of modern technology."
"microcomputer software company in 1983 with $53 million in sales in its first year, compared to its business plan forecast of $1 million in sales. In 1982 Jim Manzi — a graduate of Colgate University and The Fletcher School of Law and Diplomacy — came to Lotus as a management consultant with McKinsey & Company, and became an employee four months later. In October 1984 he was named President, and in April 1986 he was appointed CEO, succeeding Kapor. In July of that same year he also became Chairman of the Board. Manzi remained at the head of Lotus until"
"begun life an innkeeper's son and become a multi-millionaire industrialist. The car maker built tens of thousands of successful racing and road cars and won the Formula One World Championship seven times. At the time of his death he was linked with the DeLorean scandal over the use of government subsidies for the production of the DeLorean DMC-12 for which Lotus had designed the chassis. In 1986, the company was bought by General Motors. On 27 August 1993, GM sold the company, for £30 million, to A.C.B.N. Holdings S.A. of Luxembourg, a company controlled by Italian businessman Romano Artioli, who"
"the automobile company away from the family name to famously garner good luck. Toyoda would never know the success that would come to him as he resigned from the company he developed in 1950 in reaction to flagging sales and profitability. He would pass away two years later; his contemporaries would call him “Japan’s Thomas Edison.”. In 1957, his cousin and confidant Eiji Toyoda, would follow him as head of Toyota Motor Corporation, and build the late Toyoda's successful expansion into a world class conglomeration of engineering and the launch of Japan's most prominent luxury brand, Lexus. Son to the"
"Lotus 92 The Lotus 92 was a Formula One racing car designed by Martin Ogilvie along with Team Lotus founder Colin Chapman before Chapman died in December 1982. The 92 was used by Lotus in the first part of the 1983 Formula One season. The car was driven regularly by Nigel Mansell and also in one race (the 1983 Brazilian Grand Prix) by Elio de Angelis. Engine problems on the warmup lap for de Angelis' Renault turbo-engined Lotus 93T forced him into the spare 92, which eventually led to his disqualification, for changing from a Renault-engined car to a Cosworth-engined"
"inspectors, who imposed an £84 million legal ""protective assessment"" on the company. Chapman died before the full deceit unravelled but, at the subsequent trial of Fred Bushell, the Lotus accountant, the judge insisted that had Chapman himself been in the dock, he would have received a sentence ""of at least 10 years"". With Group Lotus near bankruptcy in 1983, David Wickins, the founder of British Car Auctions, agreed to become the new company chairman, through an introduction from his friend Mark Thatcher. Taking a combined 29% BCA/personal stake in Group Lotus, Wickins negotiated with the Inland Revenue, and then brought"
"Lotus 29 The Lotus 29 was a British racing car built by Team Lotus for the 1963 Indianapolis 500. It was their first attempt at the event and the two cars which were entered finished second and seventh in the hands of Jim Clark and Dan Gurney. Although they were not the first rear-engined cars built for the category, they were first to prove that the configuration was definitely a potential race-winner, and that the days of the big and heavy front-engined roadsters were numbered. Dan Gurney had tested Mickey Thompson's rear-engined Champ Car for the 1962 Indianapolis 500 and,"
"Notes and to establish a presence in the increasingly important client–server computing segment, which was rapidly making host-based products such as IBM's OfficeVision obsolete.. On December 6, 2018, IBM announced the selling of Lotus Software/Domino to HCL for $1.8 billion dollars. Lotus was founded in 1982 by partners Mitch Kapor and Jonathan Sachs with backing from Ben Rosen. Lotus's first product was presentation software for the Apple II known as Lotus Executive Briefing System. Kapor founded Lotus after leaving his post as head of development at VisiCorp, the distributors of the VisiCalc spreadsheet, and selling all his rights to Visi-Plot"
"Lotus M90 The Lotus M90 (sometimes referred to as the Lotus X100) is a concept car that was developed by Lotus using many Toyota parts. Rumors were circulated that it was the initial design for the MKI MR2, but, though sharing an engine, it bears very little resemblance to the mid-engine roadster. The project was the last one overseen by Lotus founder Colin Chapman before his death in 1982. In 1981, Oliver Winterbottom was brought back to Lotus, after a stint developing the Tasmin for TVR, to design a new car to complement the Excel and the Esprit and bring"
"15 years. He became CEO of Group Lotus in October that year and launched a five-year plan intended to target emerging markets like China. At the 2010 Paris Motor Show, Lotus unveiled five new cars in a bid to move away from its low-margin model and move upmarket to rival Ferrari, Aston Martin and Porsche. Later that year Lotus returned to Formula One with the relaunch of the Renault F1 Team as Lotus Renault GP. In 2011 Lotus opened its first showroom in Beijing, offering four coupes. Following an internal investigation, amid allegations that he was misusing company funds for"
"this day. The new Lotus team made its début in 2010 and was renamed to Caterham F1 in 2012. It was formally from Malaysia but still had a livery dominated by British racing green, like the old Lotus team had for many years. The Renault team was renamed to Lotus in 2012, following an agreement with Caterham F1. The team is owned by Luxembourg-based venture capital group Genii Capital and named after its branding partner Group Lotus. Its livery, introduced back in 2011 with Renault R31, was designed as a tribute to the Team Lotus cars of 1981–1986 and their"
"the last win in the very long history of Team Lotus which began with their first win in the 1961 United States Grand Prix. The next occasion on which a car bearing the Lotus name would win a Grand Prix was the 2012 Abu Dhabi Grand Prix, won by Kimi Räikkönen driving for the Lotus F1 team. Ayrton Senna repeated his 1986 win in Detroit and won his second 1987 race in a row and the second win for a car with active suspension. The win in Monaco three weeks before had proven that Lotus' new system worked, and on"
"Bianco, who proposed a new and separate United States sales company for Lotus. By creating an unprecedented tax-incentived mechanism wherein each investor received a specially personalised Lotus Turbo Esprit, the new American company, Lotus Performance Cars Inc. (LPCI), was able to provide fresh capital to the Group Lotus in the United Kingdom. Former Ferrari North America general manager John Spiech was brought in to run LPCI, which imported the remarkable Giugiaro-designed Turbo Esprit for the first time. US sales began to quickly jump into triple digits annually. Chapman died of a heart attack on 16 December 1982 at the age"
"in 1958. Costin was obliged to remain with Lotus, having recently signed a restrictive contract; for the first few years Duckworth worked essentially alone at Cosworth until Mike could join him. From the start the company was closely associated with the Ford Motor Company and Lotus, and the two companies found early success in the newly formed Formula Junior in the early 1960s. Not only did these successes finance Cosworth's move from Friern Barnet to Edmonton, then to Northampton but they inspired Lotus founder Colin Chapman to persuade Ford to finance the production of Duckworth's DFV (double four valve) engine."
"Lotus 12 The Lotus 12 was a Formula Two and Formula One racing car. Colin Chapman's first foray into single-seater racing, the 12 appeared in 1957. It featured a number of important innovations Chapman would use on later models. To better use the power of the Coventry Climax engine, it was designed, as usual, for low weight and low drag, relying on a space frame. It placed the driver as low as possible, reducing the height of transmission tunnel by way of a ""conceptually brilliant"" five-speed sequential shift transaxle located in the back. This transaxle was designed by Richard Ansdale"
"Lotus Cars is a British manufacturer of sports and racing cars. The company designs and builds race and production cars of light weight and high handling characteristics. In 1966 Lotus Cars moved into a purpose built factory on the site of the airfield and developed portions of the runways and taxiways as a test track for their cars. The factory and engineering centres cover of the former airfield, and use of the former runways. Much of the remaining runways have been removed and used to build roads, and returned to agricultural use. The layout can still be seen from aerial"
"Bowin Cars Bowin Cars was an Australian designer and manufacturer of motor racing cars from 1968 to 1976. The car company was founded by John Vincent Joyce (1938–2002), a successful designer and builder of racing cars and in later years gas appliances incorporating Low NOx Technology. Joyce travelled to England and joined Team Lotus as a Project Engineer, later to become the company's Chief Development Engineer during the mid to late 1960s. While at Lotus Cars, his responsibilities included design and development of all aspects of formula racing, Indianapolis 500, sports, rally, and high performance road cars. His projects at"
"Lloyd Cars Ltd Lloyd Cars Ltd was a British motor manufacturer, founded by Roland Lloyd (1904–65), son of a garage owner, and based in Patrick Street, Grimsby, Lincolnshire, England between 1936 and 1951. Two models were made, separated by World War II; the company was unusual for a small manufacturer in making nearly all components in-house. After car production ceased the company continued in general engineering until 1983. During World War II the company made components for Rolls-Royce Merlin aircraft engines. About 15 Lloyd cars are thought to survive. The make had no connection with North German Automobile and Engine"
"100% of North American–based LPCI to General Motors, with engineer Bob Eaton a big Lotus car fan. After four months of controlling but co-owning Group Lotus with Toyota, the Japanese company sold out to GM. By October 1986, GM had acquired a 91% stake in Group Lotus for £22.7 million, which allowed them to legally force the company buyout. On 27 August 1993, GM sold the company, for £30 million, to A.C.B.N. Holdings S.A. of Luxembourg, a company controlled by Italian businessman Romano Artioli, who also owned Bugatti Automobili SpA. In 1996, a majority share in Lotus was sold to"
"end of Lotus as an active brand. Lotus's first employee was Janet Axelrod who created the Human Resources organization and was the central figure in creating the Lotus culture. As she continued to build her organization and play a central role with senior management, she eventually hired Freada Klein as the first Director of Employee Relations. Lotus was the first major company to support an AIDS walk, in 1986. In 1990 Lotus opened a daycare center for the children of its employees. In 1992 Lotus was the first major company to offer full benefits to same-sex partners. In 1998 Lotus"
"Lotus 41 The Lotus 41 was a Lotus Formula 3 and Formula 2 racing car which ran between 1966 - 1968. John Joyce, Bowin Cars founder, was the Lotus chief designer and was assisted by Dave Baldwin. They started with a clean sheet of paper. The chassis was a welded tubular steel space frame. The racing classes of this period imposed minimum weight requirements, so steel could be used in place of aluminium without a weight penalty. The most notable feature of the new design was the extensive use of stressed steel panels in the bulkheads, welded steel around the"
"philosophy of automotive design: ""Simplify, then add lightness"". To this end, a number of ingenious design approaches were made by Lotus to allow it to economically overcome the many challenges presented by the novel mid-engined arrangement. Production of the original Lotus Europa ceased in 1975, with a total of 9,230 cars of all models having been built. The Europa used a lightweight, folded & welded ""minimalist"" boxed-steel backbone chassis with a fibreglass moulded body, a combination that was first used by Lotus founder Colin Chapman in the Lotus Elan launched in 1962. Earliest versions of the Europa had the body"