/ News / Ascari brand to be sold to Chinese company, report says

Ascari brand to be sold to Chinese company, report says

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Ascari brand to be sold to Chinese company, report says

Dutch car manufacturer Ascari Cars is for sale, with the owner revealing that he has already found a new buyer.

Due to business reasons, Dutch businessman Klaas Zwart did not reveal the name of the interested buyer, but according De Telegraaf’s Autovisie it could be a Chinese car brand. The same source says the sale concerns the intellectual property of the car company, but not the facilities.

Ascari cars was founded by Klaas Zwart in 1996. In the sixteen years of existence, Ascari built a total of only fifteen cars. Out of those fifteen cars, two crashed, and one was sold to a sheik in the Middle East. The remaining twelve cars are owned by Klaas Zwart himself. No wonder the company is up for sale.

Zwart named his company Ascari as a tribute to famous Italian racing driver to Ascari, Formula 1 world champion in 1952 and 1953. The name Ascari was also translated as Anglo Scottish CAR Industry. In 2006 the Ascari KZ1-R was built to compete in GT championships around the world, with the car winning the British GT Championship in 2009.

Ascari currently makes the KZ1-R model, launched in 2008. Essentially a road-going version of the KZ1-R GT3 race car, the car’s 520BHP takes it from 0-60mph in an unofficial 3.0 seconds and up to an unlimited maximum speed of 200mph (320 km/h).

by Dan Mihalascu (my Google+) - Monday, November 26th, 2012 - filed under News. Image credit: .
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