Thursday, February 22, 2007

1g Racing Secures Production Rights to Noble M12 and M400

LEICESTERSHIRE, England — 1g Racing has secured the production rights to the British-designed Noble M12 and M400 supercars. The Ohio-based company will now be free to modify the cars for sale in the U.S.

noible m400noble m400 factoryUnder the terms of the agreement, Noble retains the U.K. rights to the cars and also the use of the trademarks and names. 1g is required to rebadge and rename the cars by July 15.

The deal allows Noble to focus its resources on the development of the much-delayed M15, a rival to the Audi R8 and Porsche 911. Company founder Lee Noble said, "Our new model will be a big step forward and this will leave no room in our lineup for the M12/M400."

1g Racing is no stranger to the Noble brand. The company already had a deal to sell the M12 and M400 in kit form. To legally register the car in the U.S., customers were required to purchase a rolling chassis from 1g and then source the engine from elsewhere. The new deal will allow 1g to develop U.S. versions.

© Source: article on insideline
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