Lotus Esprit GT1
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Lotus Esprit GT1

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High Quality Content by WIKIPEDIA articles! The early 1990s were particularly difficult for Group Lotus. The repercussions of global recession were severe for sports car manufacturers. During 1992 the Lotus dealer franchise network contracted from 29 to 19 outlets as production of the long running Excel and recently relaunched Elan M100 ended. Furthermore by August 1993 General Motors had disposed of the company. In addition although Team Lotus had remained independent from Group Lotus since 1954 its fortunes in Formula one would mirror those of the production side. With its bankruptcy in 1994...