Team Lotus Enterprise has purchased British sportscar maker Caterham Cars. With this acquisition the legendary lightweight sportscar manufacturer will expand its brand profile and product family.

The acquisition of Caterham Cars by Team Lotus Enterprise will begin the continued development of the legendary Seven. During the last five years the company had created the iconic Superlight R500 and Caterham’s first brand new model in 15 years, the stunning SP/300.R sports prototype racer.

To celebrate its new ownership, the iconic British sportscar brand Caterham Cars will build a limited run of Team Lotus Special Edition Sevens in UK. The company noted that for an additional £3,000 over the price of the vehicle, the Sevens will be specially-liveried in the famous green and yellow colors of Lotus and will come with a raft of bespoke Team Lotus additions.

On the outside, the Special Edition Sevens will be coated in a Team Lotus-inspired livery. The theme will continue in the cockpit, with a plaque carrying the signatures of Team Lotus F1 drivers, Jarno Trulli and Heikki Kovalainen. Owners will also receive a Seven history book signed by chief designer, Mike Gascoyne, the company added.

Ansar Ali, Caterham managing director said, “Caterham Cars is starting an exciting and hugely important chapter, so it’s entirely fitting that we celebrate our opportunity to take Colin Chapman’s ‘less is more’ philosophy global, with this special car.”