AC Cars buys Zenos

Published: 27 March 2017

► Zenos Cars back in business
► Entered receivership in January 2017
► Bought by consortium led by AC Cars

Zenos Cars, the Norfolk-based manufacturer of the innovative E10 sports car, has been rescued from administration by a consortium of investors led by fellow British sports car brand AC Cars.

The investors have acquired all of Zenos Cars’ assets, including its factory in Wymondham and intellectual property.

Zenos was founded in 2012 by former Lotus and Caterham men Mark Edwards and Ansar Ali (the latter now MD of McLaren Special Operations). Its well-received E10 sports car is built around an aluminium and composite chassis and powered by a Ford EcoBoost engine. The firm entered bankruptcy administration in January 2017.

Click here for CAR’s test of the Zenos E10 prototype

AC? Are they  still going?

Continuation Cobra models are still being built in South Africa. AC owner Alan Lubinsky hasn’t yet confirmed whether Zenos production will continue in Norfolk or move overseas. High production costs are thought to have played a key role in Zenos’s financial difficulties, compounded by an unfortunately timed spate of cancelled orders. 

By James Taylor

CAR's deputy features editor, occasional racer