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| Company type | Private |
|---|---|
| Industry | Automotive |
| Founded | December 2, 1994; 30 years ago (1994-12-02) |
| Defunct | 2010; 15 years ago (2010) |
| Fate | Bankruptcy[1] |
| Headquarters | Banbury,Oxfordshire, England |
Key people | Geoff Finlayceo |
| Products | Automobiles |
| Owner | Klaas Zwart |
| Website | ascari.net |
Ascari Cars Ltd. was a Britishautomobile manufacturer based inBanbury, England, and founded by Klaas Zwart.[2] Zwart was the former chairman and majority owner of oil and gas company Petroline, which designed and manufactured its owndownhole technology. Petroline was purchased byWeatherford in 1999.[3]
The company was named afterAlberto Ascari (1918–1955), the first double winner of theWorld Championship of Drivers.[4]
The company filed for bankruptcy in 2010. Ascari's official site was also shut down and has not been updated since 2009.
Ascari Cars was established inDorset in 1994. Its first limited-edition car, theAscari Ecosse, was launched in 1998.
In 2000 Ascari Cars built a new facility in Banbury, Oxfordshire. Ascari Car's second car, theAscari KZ1, was developed at Banbury, which also housed Team Ascari's racing assets. The premises are now occupied byHaas F1 Team.[5]
Due to declining sales of the Ascari KZ1 and the high cost of production Ascari suffered heavy financial losses; the company filed for bankruptcy in 2010.[6]
| Year | Model | Details |
|---|---|---|
| 1995 | Ascari FGT | Initial concept car created for racing |
| 1998 | Ascari Ecosse | Production version of the FGT |
| 2003 | Ascari KZ1 | Production version of A410 Race car |
| 2005 | Ascari KZ1-R | Road-going version of the KZ1-R GT3 race car |
| 2006 | Ascari A10 | Upgraded version of the KZ1 |
| Year | Model | Details |
|---|---|---|
| 1995 | Ascari FGT | Racing version of the FGT concept, run in theBritish GT Championship |
| 2000 | Ascari A410 | Le Mans Prototype |
| 2002 | Ascari KZR-1 | Upgraded version of the A410 |
| 2005 | Ascari KZ1-RGT3 | Racing version of the KZ1, running in theFIA GT3 class |
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