With the development of the new Caterham-Lola SP/300 R now complete, the British carmaker is ready to give potential owners their first taste of the prototype-racing car on the tarmac. The dates on which racing drivers and trackday enthusiasts alike can get behind the steering wheel of Caterham’s 300bhp, 180mph (289 km/h) sports prototype are:

-Saturday, August 27 at Donington Park
-Wednesday, September 7 at Donington Park
-Thursday, September 15 at Snetterton
-Wednesday, September 21 at Donington Park

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The owners of Formula One Team Lotus announced today the acquisition of lightweight sportscar manufacturer Caterham, for an undisclosed sum from the shareholder consortium led by Corven Ventures.

Based in England, Caterham has made a name for itself for building the Seven, a lightweight two-seater sports car that was designed by Lotus founder Colin Chapman and who sold the rights of the car to Caterham in 1973.

Team Lotus chiefs Tony Fernandes, Kamarudin Meranun and SM Nasarudin said in a statement that the company plans to expand Caterham’s profile and product family while also continuing the development of the Seven.

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A little over two months after the introduction of its first truly new model in 15 years, the SP/300R, Caterham has now presented the first brand new addition in two years to its core model series, the Seven. As its name implies, the new Seven Supersport is derived directly from the race-prepped version that competes in the one-make Caterham Supersport championship.

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Much in the same way as Morgan’s pre-Supersports models, the Lotus / Caterham 7 has remained relatively unchanged throughout its long life. A lightweight body with no fixed doors or roof, a flat windscreen, exposed front wheels and a four cylinder motor embody the Seven’s design and engineering philosophy.

Diseno-Art has drawn up a nice design study in the form of the “New 7”, a vehicle designed to expand and complement the existing range of 7-badged vehicles.

With larger proportions and more refinement than the archaic (yet still beautiful) lines of the current generation, the New 7 is designed to be uniquely tailored to each customer’s needs and offer a high level of customer service while still holding to the brand’s philosophy of lightweight, simple and fun.

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The Autosport International Show in Birmingham, UK, welcomed the world premiere of Caterham's first ever sports prototype racing car, the Caterham-Lola SP/300R. Created in partnership with legendary British racing and engineering brand Lola, the SP/300R is currently in the final stages of development and will be ready for a one-make championship in 2012, with the company planning to build up to 25 examples per year. Caterham said that a road-legal version of the sports car is also being considered.

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The Caterham Superlight R500 took the world by surprise in 2008 with its 263 hp 2.0-liter naturally aspirated four-pot and sub-3.0 seconds 0-60mph sprint time. The same year it was launched, Top Gear’s racing driver, The Stig, drove it around the show’s test track completing a lap in just 1 minute and 17.9 seconds. That's the seventh fastest official lap time ever recorded on the show, putting to shame “heavyweights” like the Bugatti Veyron.

But everything comes to an end, and today, Caterham announced that the special model is making its final journey next week before being retired from active service.

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Caterham is ready to release another "entry-level" special edition Seven in order to celebrate the amazing city-state that is Monaco. Called the "Roadsport 125 Monaco", this Seven gets a unique paint scheme representing the Monegasque flag to highlight its aluminum body; also, "Monaco" is pasted down the side if people can't make the connection.

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