Caparo Vehicle Technologies

Type| Private
Industry| Automotive
Founded| 2004 as Freestream Cars Limited
Founder| Graham Halstead
Ben Scott-Geddes

Defunct| 2019
Headquarters| Leamington Spa, United Kingdom

Key people

| Graham Halstead
(Founder)
Ben Scott-Geddes
(Founder)
Angad Paul
(Chairman)

Products| Supercars
Revenue| £10.08m (2014) [1]
Website| Caparo V.T. Website
Caparo T1 at the 2006 British International Motor Show

Caparo Vehicle Technologies (CVT), formerly known as Freestream Cars Limited, was a British company that provided advanced technology development, materials engineering, and design services to and markets.[2] Caparo Vehicle Technologies went into administration in 2015, and was fully dissolved by 2019.

## Contents

* 1 History
* 2 Vehicles
* 3 Administration and closure
* 4 See also
* 5 References
* 6 External links

## History

Caparo Vehicle Technologies was originally founded in 2004 as Freestream Cars Limited by Graham Halstead and Ben Scott-Geddes who had both worked on the McLaren F1 project.[3] In February 2006, Freestream announced a concept car, the Freestream T1.[4][5] In March 2006, the company was acquired by Caparo. The deal was put together by future Commercial Director, Sean Butcher.[6][7] After the acquisition, Caparo CEO Angad Paul became chairman.[8]

## Vehicles

Main article about the Caparo T1

Caparo Vehicle Technologies produced one vehicle, the Caparo T1. The T1 is a two seat, rear wheel drive automobile inspired by Formula 1 racecars.[9][10] The company sold the racecar for $300,000,[11] and had confirmed purchases for 15 cars by 2012.[12]

## Administration and closure

The company entered administration in 2015 just days after the death of Caparo CEO, Angad Paul.[13][14][15] The company was liquidated and fully dissolved by 2019.[16]

## See also

* Caparo
* Caparo T1
* List of car manufacturers of the United Kingdom

## References

1. ↑ "Caparo Vehicle Technologies Accounts 2014". HMRC Companies House. https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/T-6ipOfbv8dbI4znUQ67O-qZLGMzxEi5yQ3y-FBNObw/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3BU5E6TGP/20220513/eu-west-2/s3/aws4_request&X-Amz-Date=20220513T215244Z&X-Amz-Expires=60&X-Amz-Security-Token=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&X-Amz-SignedHeaders=host&response-content-disposition=inline;filename="companies_house_document.pdf"&X-Amz-Signature=6e72fec09ddda8dd8fa3bbb76258904eedab955133856df42e13beaa53e76a21.
2. ↑ "Caparo Vehicle Technologies". http://www.caparo.com/divisions/division-overview.asp?did=31&gid=1. [yes|permanent dead link|dead link}}]
3. ↑ "FREESTREAM CARS LIMITED". Global Database. https://uk.globaldatabase.com/company/freestream-cars-limited.
4. ↑ "Freestream T1". Car Body Design. 7 February 2006. https://www.carbodydesign.com/archive/2006/02/07-freestream-t1/.
5. ↑ "Freestream T1 news - Brits build F1-style supercar". Top Gear. 7 February 2006. https://www.topgear.com/car-news/freestream-t1-news-brits-build-f1-style-supercar-2006.
6. ↑ "UK Caparo creates advanced vehicle technology group". Just Auto. 15 March 2006. https://www.just-auto.com/news/uk-caparo-creates-advanced-vehicle-technology-group/.
7. ↑ Shah, Dhiram (23 May 2006). "Caparo Freestream T1 – The Street Legal F1 Car". Luxurylaunches (Luxury Launches). https://luxurylaunches.com/transport/caparo_freestream_t1_the_street_legal_f1_car.php.
8. ↑ "Caparo buys Freestream T1 consultancy". Test Driven. 13 March 2006. https://www.testdriven.co.uk/caparo-buys-freestream-t1-consultancy/.
9. ↑ Grabianowski, Ed (17 April 2007). "Howstuffworks "How the Caparo T1 Works"". Howstuffworks. http://auto.howstuffworks.com/caparo.htm.
10. ↑ Green, Simon (January 2008). "Caparo T1". Motor: 32–34.
11. ↑ Brown, Joe (October 2006). "Go, Street Racer, Go". Popular Science 269 (4): 21–21.
12. ↑ "CEO of Caparo T1 Project Found Dead in Suspected Suicide". Road & Track. 16 November 2015. https://www.roadandtrack.com/new-cars/news/a27359/caparo-ceo-angad-paul-dead/.
13. ↑ "caparo parent company enters administration chairman dies in apparent suicide". Motor Authority. 11 November 2015. https://www.motorauthority.com/news/1100885_caparo-parent-company-enters-administration-chairman-dies-in-apparent-suicide.
14. ↑ "Angad Paul: Steel company boss jumped to death from penthouse balcony 'after becoming depressed over firm's collapse'". The Independent. 28 April 2016. https://www.independent.co.uk/news/uk/home-news/steel-company-boss-angad-paul-suicide-jumped-to-death-depressed-over-firm-s-collapse-a7005676.html.
15. ↑ "Caparo Vehicle Technologies Limited in Administration". PWC. https://www.pwc.co.uk/services/business-restructuring/administrations/caparo-industries-plc/creditors/caparo-vehicle-technologies-ltd.html.
16. ↑ "Caparo Vehicle Technologies Limited Filing History". Companies House. https://find-and-update.company-information.service.gov.uk/company/05755850/filing-history.

## External links

* Caparo Vehicle Technologies official web site

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