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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 designed and manufactured by British automobile manufacturer McLaren Cars, and powered by the BMW S70/2 V12 engine. The original concept was conceived by Gordon Murray. Murray was able to convince Ron Dennis to b ...
project. In February 2006, Freestream announced a concept car, the Freestream T1. In March 2006, the company was acquired by Caparo
Caparo plc is a British company involved mainly in the steel industry, primarily in the design, manufacturing and marketing of steel and niche engineering products.
Current affairs
Caparo was founded by Lord Swraj Paul, in 1968.
Sixteen compa ...
. The deal was put together by future Commercial Director, Sean Butcher. After the acquisition, Caparo CEO Angad Paul
Angad Paul (6 June 1970 – 8 November 2015) was a British businessman and film producer.
Background and education
Paul was born on 6 June 1970, the youngest son of the billionaire entrepreneur and politician Swraj Paul, Baron Paul. He attend ...
became chairman.
Vehicles
Caparo Vehicle Technologies produced one vehicle, the Caparo T1. The T1 is a two seat, rear wheel driveautomobile
A car or automobile is a motor vehicle with Wheel, wheels. Most definitions of ''cars'' say that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, pe ...
inspired by Formula 1
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship, ...
racecars. The company sold 15 cars by 2012.
Administration and closure
The company entered administration in 2015 just days after the death of Caparo CEO,Angad Paul
Angad Paul (6 June 1970 – 8 November 2015) was a British businessman and film producer.
Background and education
Paul was born on 6 June 1970, the youngest son of the billionaire entrepreneur and politician Swraj Paul, Baron Paul. He attend ...
. The company was liquidated and fully dissolved by 2019.
See also
*Caparo
Caparo plc is a British company involved mainly in the steel industry, primarily in the design, manufacturing and marketing of steel and niche engineering products.
Current affairs
Caparo was founded by Lord Swraj Paul, in 1968.
Sixteen compa ...
*Caparo T1
The Caparo T1 is a British mid-engine, rear-wheel drive, two-seat automobile that was built by Caparo Vehicle Technologies, founded by design director Ben Scott-Geddes, engineering director Graham Halstead, engineers formerly involved in the d ...
* List of car manufacturers of the United Kingdom
:''This list is incomplete. You can help by adding correctly sourced information about other manufacturers.''
As of 2018 there are approximately 35 active British car manufacturers and over 500 defunct British car manufacturers. This page lists ...
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