UK firm Charge Holdings are further building on their strategic goal of creating a multi-brand, low-volume integrated automotive group by agreeing a strategic phased merger framework with TVR, and reviving the legendary Blackpool firm's V8 powered Griffith sportscar. The new generation Griffith, developed and engineered by Gordon Murray and Cosworth, was first unveiled at the 2017 Goodwood Festival of Speed, but following a series of misfires by former video games developer Les Edgar, whose consortium bought the firm in 2013 following a disastrous 9 year stewardship by Russian businessboy Nikolai Smolenski, the car is yet to hit the road. The deal, which will initially see Charge Holdings board members joining TVR’s board, with new share capital issued to Charge Holdings, will be followed by the purchase of existing shares from current TVR shareholders. The boutique sports car brand will become a subsidiary of Charge Holdings, enabling both companies to sh...
Crisp talk, sweet reviews, car, train, transport & tech chat, pics of food/street vomit/wolf fleeces/windsocks/three-quarter length trousers, plus hackneyed jokes, lazy musings, ill-informed opinions, biting satire, music, events, comedy & cinema, with tales of high jinks, scraperism & japerism, travel pics, drivel, twaddle, Popmaster, & comment from a middle aged man living in South Birmz, who frankly should know better, and is trying to make sense of the world. Would recommend.