Caterham is planning to launch a new entry-level version of the Seven which will cost less than £17,000.
The as-yet unnamed car will be launched this autumn, with the first deliveries expected before the end of the year.
With a newly-developed Euro 6-compliant engine, Caterham claims that the new model will take a back-to-basics approach, returning to Lotus founder Colin Chapman's mantra of 'simplify, then add lightness.'
Caterham Cars CEO Graham Macdonald said: "As we celebrate our 40th anniversary at Caterham, it feels good to be taking the brand right back to where it started. Colin Chapman designed the original Seven to be entirely 'fit-for-purpose' -- a racing car for the road with the driving experience at its heart.
"With that in mind, the new entry-level Seven will be uncomplicated, easy to run and, most important of all, an intuitive and exciting drive."
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