Cheshire, UK, 20th June 2013: Further to the collaboration in 2012, Tiga Race Cars Ltd wishes to announce that the full ownership is now held by Mike Newton, renowned Entrepreneur and Gentleman LMP2 Driver.
The business will be providing parts and support for the historic chassis from 1974 to 1989, as well as the current CN2 car development and future projects.
The plans include the building of a dedicated 3100sq ft building adjacent to the Orex Competition facilities in Northwich, Cheshire to house the cars and design resources.
There is already an operational full race car simulator, unique in that it integrates actual physical Telemetry equipment from MoTeC, providing a fully operational MoTec display, and also allowing training for data engineers on the operation of Telemetry equipment as well as Driver training, and 'Driver in the Loop' chassis development.
In addition to the CN12a, there is a future evolution of a further CN2 design which is an update on the 2011 WFR chassis, and is planned to be launched later in the year.
A further project is still under an early evaluation, potentially bringing Tiga cars back to Le Mans racing. Part of the ex WFR CN car package also included the LMP2 project, and a detailed design review is being undertaken to determine whether this can be updated into a competitive cost capped LMP2 project.
On the Historic front, there is a Tiga C286 being restored chassis up for a customer, and Tiga C289, Chassis 371 being restored by Tiga Cars. Mike Taylor retains Tiga C286, Chassis 285, which is anticipated to be restored in the next few months.
QUOTES
Mike Newton (New Owner) : “We have been working together over the last couple of years as a platform for the new CN Series cars. We know have a number of exciting opportunities in the pipeline, and look forward to continuing this iconic brand.
While the LMP2 option is very exciting, we are at the very early stages with this project, and will target track testing late summer if the initial evaluations are suitably encouraging.”
Mike Taylor (Former Owner) : “Since acquiring the Tiga Race Cars rights in 2007 I have not been able to race the Group C Tigas due to personal reasons, so it has been difficult to take the project forward. We have been working together over the last couple of years, and it is now the appropriate stage to let Mike Newton take the project forward with the historic cars as well as the current generation cars”
Full Release here : 26th June 2013