Lotus will not be creating any of the new models it had planned, with the Esprit the latest to be cancelled. Instead, it will focus on selling variants of current models—Elise, Exige, and Evora.
Yesterday, the interwebs were awash with the (unsurprising) news that Lotus had axed its exciting Esprit project that it unveiled back in 2010. With the recent turmoil of lawsuits pummeling the company, the departure of former CEO Danny Bahar, and the persistent rumors of the company being sold, it wasn’t much of a shock to hear that the Esprit wouldn’t see the light of day.
EVO has learned that due to the sale by the Malaysian government of its stake in Proton, Lotus is being forced to enter a three month “lockdown” period where research and development and much of it’s production is either being halted or significantly reduced.
While the last Lotus Esprit to grace our shores was powered by a very un-Colin-Chapman-like (but still super quick) twin-turbo V-8, the third-generation model sported a small, 2.2-liter turbocharged four-pot. Initially available with 215 horsepower, by the time our 1990 model rolled out of the factory, it was sporting a new water-to-air intercooler. This granted the newly dubbed Esprit SE 264 horsepower, with an additional 16 horsepower coming in on overboost.
Not everyone is flailing about in an economic freefall. That’s not to say it’s time to throw caution to the wind, but for those who still have a few bucks in the bank, you should know that six-figure supercars weren’t exactly immune to the financial crisis.
Our spy photographer caught this Lotus prototype out testing. Could it be a mule for a V-8 engine for the new Lotus Esprit?