Sad day for the company though as the man who put up Caterham Cars, Graham Nearn, passed away at 76.

Nearn, started selling Caterhams back in 1959, launching Caterham Cars then manufactured by Lotus. Caterham eventually took over production, buying the rights from Lotus in 1973.

Caterhams are an important part of the British motor industry though like all the other names, have all sold out. British Leyland collapsed and other names like Aston Martin, Rolls-Royce, Jaguar, and Land Rover all owned by non-British people.

Sure, it’s not as big as those names but Caterhams have proven to be quite the track day cars for those looking for some relatively cheap speed and enjoyable kit cars to build for greasemonkey petrolheads.

Top Gear fans would remember that Caterham R500 shaming the million-quid Bugatti Veyron around the track.