Legendary sportscar manufacturer DeTomaso sold to Swiss firm

  • Mar 23, 2015
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Legendary sportscar manufacturer DeTomaso, makers of cars like the Pantera have been sold to a Swiss holding company L3 holding. The company plans to revive the company with a new mid-engined supercar by 2020.

Legendary sportscar manufacturer DeTomaso sold to Swiss firm

 

DeTomaso, builders of some of the most beautiful supercars from the 70s and 80s designed by legendary automotive designer Tom Tjarda has been auctioned off to a Swiss company L3 Holding for a winning bid of Rs 12.9 crores (€2 / $2.1 / £1.4 million). The DeTomaso brand was also bid on by rival bidders from China and Italy.

Although little is known about the company's plan for the ill-fated brand but reports have suggested L3 Holding will open a new factory near Turin and begin production of a new mid-engine sports car by 2021. We may also see the Pantera brand resurrected if DeTomaso actually decides to make cars once again.

The original DeTomaso Pantera was made between 1971-1991 with over 7000 units produced in its 20-year run. The Pantera replaced the equally desirable De Tomaso Mangusta. The Pantera logo included a version of Argentina's flag turned on its side with a T-shaped symbol that was the brand used by De Tomaso's Argentinian cattle ranching ancestors. The car originally came with the 5.8-litre Ford 351 Clevland V8 making 330PS which was later replaced with 4.9-litre Ford 302 Windsor V8. 

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