For devoted enthusiasts of Lotus collector cars, a remarkable opportunity awaits in the form of a 2002 Lotus Esprit V8, meticulously restored at the factory in 2010 during the tenure of then-CEO Dany Bahar.
Initially brought to attention by Piston Heads, this exceptional automobile is presently available for purchase through the reputable U.K. dealership, Fairmont Sports and Classics. While the exact asking price remains undisclosed, the allure of this automotive gem is undeniable.
Dany Bahar, a notable figure who played pivotal roles in bringing Red Bull into the realms of Formula 1 and NASCAR, in addition to a brief senior executive stint at Ferrari, assumed the mantle of CEO at Lotus in 2009. In the following year, he orchestrated an iconic unveiling of five concept cars at the Paris auto show, among them a contemporary iteration of the Esprit. Regrettably, none of these concepts materialized into production due to the financial tribulations that Lotus was grappling with at the time.
The precise moment when Lotus reclaimed ownership of this exceptional vehicle remains uncertain. However, it is reasonable to assume that this occurred circa 2012, coinciding with Bahar’s departure from the company and the initial offering of his meticulously refurbished Esprit to the discerning public. As attested by the listing, this automotive masterpiece has since changed hands twice.
In 2010, both the engine and transmission of the vehicle underwent a comprehensive rejuvenation. The heart of the Esprit is a twin-turbocharged 3.5-liter V-8 engine, generating an impressive output of nearly 350 horsepower, seamlessly mated to a manual transmission. The exterior was masterfully restored to its original resplendent pearl white hue, while the interior underwent a lavish transformation with the incorporation of leather and Alcantara elements.
Furthermore, select components from the 2003 Final Edition Esprits were seamlessly integrated into Bahar’s Lotus, including OZ wheels, AP Racing 4-piston front brake calipers paired with Brembo rears, an imposing rear wing, distinctive taillights, and an exhaust system elegantly emerging through the center of the rear fascia. The enhancements also encompassed Bilstein dampers and an ECU recalibration, enhancing the overall performance and driving experience.
The odometer currently reflects approximately 42,000 miles, with a mere 7,000 miles accrued since the comprehensive restoration. Reports suggest that the investment in this meticulous refurbishment amounted to around £100,000, which translates to approximately $126,500 at the current exchange rate.
Dany Bahar continues to be a dynamic presence in the automotive industry, steering the helm at Ares, an esteemed Italian car customizer and coachbuilder, perpetuating his legacy of automotive excellence.
Frequently Asked Questions (FAQs) about Lotus Esprit V8
What is the history behind the 2002 Lotus Esprit V8 offered for sale?
The 2002 Lotus Esprit V8 was meticulously restored at the factory in 2010 during Dany Bahar’s tenure as CEO at Lotus. It underwent significant upgrades and enhancements.
How much is the asking price for this collector’s car?
The exact asking price is not mentioned in the listing; interested buyers should contact Fairmont Sports and Classics for pricing details.
Can you tell me more about Dany Bahar, the former Lotus CEO?
Dany Bahar played key roles in Formula 1 and NASCAR, in addition to serving as a senior executive at Ferrari. He assumed the role of Lotus CEO in 2009, where he initiated the unveiling of notable concept cars, including a modern Esprit.
What were the notable enhancements made during the restoration?
In 2010, the car’s engine and transmission were completely rebuilt. It boasts a twin-turbocharged 3.5-liter V-8 engine, upgraded brakes, an oversized rear wing, and other performance enhancements.
How many miles has the car covered since the restoration?
The odometer currently reads around 42,000 miles, with only 7,000 miles added since the comprehensive restoration.
Can you provide more details about the interior and exterior of the car?
The exterior was refinished in its original pearl white color, and the interior received a lavish makeover with leather and Alcantara elements, ensuring both aesthetics and comfort.
Who is Dany Bahar, and what is his current involvement in the automotive industry?
Dany Bahar is currently involved with Ares, an Italian car customizer and coachbuilder, continuing to contribute to the automotive world with his expertise and vision.