Marcos Engineering has called time on production of its unique sports cars after entering into administration. The company says it will complete existing orders and then cease trading altogether, with the subsequent sale of the business and all assets.
This is latest, and apparently final, episode in Marcos's rocky history, which has seen the company's fortunes rise and fall since it was founded in 1959 by Jem Marsh and Frank Costin. Marsh put the company into administration in 2000 and it was then bought by Tony Stelliga in 2002.
Stelliga revived Marcos with the all-new TS0 and GT models, which used a Corvette LS6 V8 engine. However, the market for hand-built British sports car costing £50,000 proved too small and Marcos Engineering was unable to turn a profit in five years of trading.
Stelliga said: "My sincerest gratitude goes to all those who worked with Marcos to revive the great British sports car name. Regrettably, we couldn't sustain the business."
|
Vauxhall Agila Club 1.3 CDTi
As different from the old model as Corrie is from culture, the new Agila is set to woo an entirely different audience. |
|
F1 Track: Magny Cours
F1 Track: Magny Cours |
|
Ford Kuga review
Mark James gets behind the wheel of Ford's new 4x4. |
![]() |
BTCC driver blog 21 year old race car driver Tom Onslow-Cole shares his life as a BTCC race car driver in our blog. Read the blog >> |
![]() |
Search for the best insurance deal with our MotorWizard Save cash now >> |
![]() |
Never get lost They're all the rage and now you can find the best prices at Yahoo! Cars. Search for GPS & Sat Nav |
![]() |
Search car parts Compare the best online prices for tyres, alloys, car parts, stereos, sat nav and more. Find a part >> |
![]() |
![]() |
Promotion Visit our interactive adventure sports guide to search for activities in your area. Find extreme sports near you >> |
![]() |
Check out the official web site for this year's summer extravaganza! Get all the info PLUS buy your tickets online. Official site >> |