Lotus Cars was formed as Lotus Engineering Ltd. by the engineer Colin Chapman in 1952 and was a manufacturer of sports cars and racing cars based in Hethel, Norfolk,. In the 1960s and 1970s Lotus was active and competed in Formula One races.
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The company was bought by General Motors in 1986. GM sold the company to ACBN Holdings S.A. of Luxembourg, a sister company to Bugatti Automobili SpA in 1993.
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