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Recent Threads/Posts

by rcollum
This year's charity event - the British Reliability Run, has a wrinkle.  In order to get a few more participants, the organizers are allowing some select 1979 or older European cars to enter.  I expect to see a Porsche or two, as well as maybe a Ferrari, a BMW, and maybe a Mercedes.  Most participants will be in British cars... and we'd love to have more Lotus participation!

The 2023 schedule has us starting on Saturday, Sept. 30th from somewhere in Virginia, staying overnight at the Canaan Valley Resort (home of LOG last year), and finishing up on Sunday, Oct. 1st.

I missed last year, but participated in all the DC events, from 2017 thru 2021.  I will again drive the Seven, and invite any Lotus owners whose cars qualify to join me.  The requirements are to pledge to collect at least $1000 in charitable donations to our cause - Our Military Kids.  This is a charity that collects money for extracurricular activities for the children of deployed active military members.  I have found this to be a GREAT group of people, and they have really fun routes mapped.  In general, they are looking for cars that qualify for antique plates, but some exceptions will possibly be made - for instance, you won't be accepted with an Elise, Exige, or Evora, or even a V8 Esprit...  but I have it on good authority that they would be very happy to have an earlier Esprit, or Elan, or Europa participate in the event.

Contact me if you have any questions - about the event, the people involved, the costs, the charity, or collecting donations.  It's been a great time for us, every year!

--Bob Collum

by rcollum
A Japanese company, TK-Sport, posted this video with what they say is a Europa. I have no idea if it is a reworked original Europa, or a new creation!

--Bob Collum

by rcollum
LOTUS in the VALLEY II – The DC Chapter Lotus club is planning on going back to Canaan Valley Resort (site of last year's LOG) this June 9-11, 2023 for another, more relaxing visit. (The Original 
British Car Day will be the previous Sunday.) Just a weekend in the mountains driving around and enjoying the entertaining roads, scenic views and wonderful CVR hospitality, with no boring speeches! It will be $109/night + tax and Resort fee. All Lotus people invited!  Make your reservation now! Use the link below:

Book Now | Canaan Valley Resort & Conference Center - Accommodations (canaanresort.com) Or call 800-622-4121 and mention the Lotus June Group.

by rcollum
Held at Glenview Mansion at Rockville Civic Center Park. Changes for this year’s event will include REQUIRED ON-LINE REGISTRATION for all show vehicles, with NO Walk-in registration. On the plus side, the Special Display will be “75 YEARS OF LOTUS” and we will be organizing it, so if you have a Lotus that you think would be deserving of being part of the Special Display, please contact me. We have room for up to 40 cars in the Special Display, additionally, any Lotus can join us in the Lotus Club area up on the hill. (A great view of the show field and easy access to the exit.)

by greggyg
Hi, I'd love to rent a elise for me and my wife but I can't seem to find any. Does anyone know of members in that may be open to the idea? I come from the Mr2 community from back in the day, so I naturally love and respect the Lotus

Your Particpated Threads

Photo of the Week

Photos of the Week by ksm
A shot from our GYLO22 event earlier this year:

GYLO22 May 2022

Lotus News

Lotus will go public via SPAC with $5.4 billion valuation by ksm
Lotus will go public via SPAC with $5.4 billion valuation



Lotus Technology, the electric-car maker owned by China’s Zhejiang Geely Holding Group Co., agreed to merge with a blank-check company in a transaction that values the combined entity at about $5.4 billion.

L Catterton Asia Acquisition Corp. will combine with the EV making subsidiary of the British carmaking group that Geely acquired back in 2017, the two said in a statement Tuesday. The special purpose acquisition company’s sponsor has ties to Bernard Arnault, the world’s richest man.

Lotus Tech has been looking to go public since at least early last year. Management may have been encouraged by another luxury auto brand’s recent listing: Porsche AG pulled off Europe’s largest initial public offering in a decade when it debuted in Frankfurt in September. A week later, Porsche overtook Volkswagen AG as Europe’s most valuable automaker.

Rather than go the IPO route, Lotus Tech will merge with a SPAC whose sponsor combined with the private equity operations of Arnault’s luxury-goods powerhouse LVMH in 2016. LVMH is a passive minority investor in L Catterton, according to a spokeswoman.

Arnault overtook Tesla Inc. Chief Executive Officer Elon Musk as the world’s richest man last month — the first time a European claimed the top spot on the Bloomberg Billionaires Index.

While Group Lotus is tiny compared to Tesla, Geely has been steering it away from combustion engines and has several all-electric models planned for the coming years. Lotus Tech sees itself as a competitor to the likes of Ferrari and Aston Martin, and will get a jump on the first electric models from those brands.

Lotus unveiled its all-electric Eletre sport utility vehicle last year and plans to launch a rival to Porsche’s popular Taycan EV in 2023.

Geely and other owners are expected to retain an 89.7% shareholding in Lotus Tech after the SPAC merger. Geely’s billionaire owner Li Shufu also controls Swedish carmaker Volvo Car AB and owns stakes in Germany’s Mercedes-Benz Group AG and the UK’s Aston Martin Lagonda Global Holdings Plc.

Deutsche Bank AG advised Lotus Tech on the deal, while Credit Suisse Group AG acted as capital markets adviser to the SPAC.