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Caparo Vehicle Technologies (CVT), formerly known as Freestream Cars Limited, was a British company that provided advanced technology development, materials engineering, and design services to and markets. Caparo Vehicle Technologies went into administration in 2015, and was fully dissolved by 2019.
Caparo Vehicle Technologies official web site
Automotive companies of the United Kingdom {{motorvehicle-company-stub Sports car manufacturers 2004_establishments_in_England 2019_disestablishments_in_England British_companies_established_in_2004 Vehicle_manufacturing_companies_disestablished_in_2019 Defunct_motor_vehicle_manufacturers_of_England
Caparo Vehicle Technologies (CVT), formerly known as Freestream Cars Limited, was a British company that provided advanced technology development, materials engineering, and design services to and markets. Caparo Vehicle Technologies went into administration in 2015, and was fully dissolved by 2019.
History
Caparo Vehicle Technologies was originally founded in 2004 as Freestream Cars Limited by Graham Halstead and Ben Scott-Geddes who had both worked on theMcLaren F1
The McLaren F1 is a sports car that was the first Motor vehicle type approval, type approved road-going sportscar manufactured by British Formula One team McLaren. It was the last road-legal, series-produced sportscar to win the 24 Hours of Le ...
project. In February 2006, Freestream announced a concept car, the Freestream T1. In March 2006, the company was acquired by Caparo. The deal was put together by future Commercial Director, Sean Butcher. After the acquisition, Caparo CEO Angad Paul became chairman.
Vehicles
Caparo Vehicle Technologies produced one vehicle, the Caparo T1. The T1 is a two-seat, rear wheel driveautomobile
A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, peopl ...
inspired by Formula 1
Formula One (F1) is the highest class of worldwide racing for open-wheel single-seater formula Auto racing, racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one ...
racecars. The company sold the racecar for $300,000, and had confirmed purchases for 15 cars by 2012.
Administration and closure
The company entered administration in 2015 just days after the death of Caparo CEO, Angad Paul. The company was liquidated and fully dissolved by 2019.See also
* Caparo * Caparo T1 *List of car manufacturers of the United Kingdom
:''This list is incomplete. You can help by adding correctly sourced information about other manufacturers.'' Major current marques
Current manufacturers
;A
*AC Cars, AC (1908–present)
*Action Automotive (2004–present)
*Aeon Spo ...
References
External links
Caparo Vehicle Technologies official web site
Automotive companies of the United Kingdom {{motorvehicle-company-stub Sports car manufacturers 2004_establishments_in_England 2019_disestablishments_in_England British_companies_established_in_2004 Vehicle_manufacturing_companies_disestablished_in_2019 Defunct_motor_vehicle_manufacturers_of_England