But don t worry - the brand is in good hands.
Obscure British sports cars don t come much more retro or more specialized than Caterham s range. Its latest super old-school project is called the Super Seven 1600 and was revealed around a year ago, but that car seemed destined only for the UK market. Americans still have plenty to choose from though, including the mental missile known as the Caterham Seven 620, but as a relatively small automaker, the marque doesn t really innovate much. It knows what works and sticks with it, but that may just change.
The company has now been acquired by VT Holdings, the company that has been importing these sports cars to Japan since 2009. That news of full ownership by VT Holdings was meant to be released next Tuesday, but numerous leaks and rumors have forced the announcement to be made early.