Caterham Launches New Company, Will Introduce Brand-New Models

Back in April, when the owners of Formula 1’s Team Lotus acquired British sports car maker Caterham, they promised to “have all the ingredients and the launch pad to take Caterham to new exciting horizons with innovative products and greater brand exposure.”

True to their word, Caterham's new owners announced on Monday that they are creating a new, standalone engineering business named CTI (Caterham Technology and Innovation).

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