Graham Nearn passes away at 76

Graham Nearn, the founder of Caterham Cars, passed away on 24 Oct 2009. He helped develop and sell the original Lotus 7, creating Caterham Cars in 1959 as a Lotus dealership. When Lotus decided to end production in 1972 , Nearn bought the rights to the design and continued building the 7 under the Caterham brand. Today, the company is owned by a management team that bought out the Nearn family in 2005. The company builds 600 cars a year and has expanded the lineup to several models.