Want to start your own sports car company? Here's how.

If you ever wanted to start your own sports car company, here is your chance: the MMI company in the UK is selling its Avocet sports car program and including all the designs and rights for it.

|
MMI Sportscars/File
Avocet sports car. The MMI company from the U.K. is selling its Avocet sports car program and including all the designs and rights for it.

Starting your own sports car company is a large endeavor but now may be your chance to get the keys to one that's already developed. The MMI company from the U.K. is selling its Avocet sports car program and including all the designs and rights for it.

The Avocet, which we first heard about in 2008, is a lightweight roadster that touches the scales at just over 1,500 pounds and uses a 2.0-liter four-cylinder engine sourced from the Ford Motor Company [NYSE:F] that can output between 150 and 225 horsepower depending on the tune. The engine sits in an aluminum honeycomb chassis wrapped in a mix of composite materials.

According to MMI, all of these components make the Avocet a highly competitive car that should allow the roadster to get to 60 mph from rest in less than five seconds.

“We have done everything we set out to do—and more,” MMI co-founder Martin Miles said in a statement. “The result is that Avocet is now a highly competitive car which combines a stylish, ultra-lightweight two-seater body with exceptional chassis dynamics and awesome performance... and we have achieved that whilst still retaining our base model price ambition of sub-£30,000 OTR (on the road).”

Although no production vehicles have been built at this time, MMI states that the Avocet is ready to go “now”. The company is open to investors worldwide but had not released a price at this time.

The deal sounds good when the specs and development information are laid out but if the people behind MMI have put all of this time and effort to create the Avocet, it begs the question, why sell it now?

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
What is the Monitor difference? Tackling the tough headlines – with humanity. Listening to sources – with respect. Seeing the story that others are missing by reporting what so often gets overlooked: the values that connect us. That’s Monitor reporting – news that changes how you see the world.

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to CSMonitor.com.

QR Code to Want to start your own sports car company? Here's how.
Read this article in
https://www.csmonitor.com/Business/In-Gear/2015/0603/Want-to-start-your-own-sports-car-company-Here-s-how
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe