MG Sports and Racing Europe Limited was a British automotive company based in Eardiston, Tenbury Wells in Worcestershire. The company was founded by William Riley, who acquired assets of the MG Sport and Racing subsidiary of MG Rover Group after its demise, with the intention of restarting production of the MG XPower SVsportscar,[1] renamed MG XPower WR. The company was registered on 29 January 2007.[2][better source needed]
In December 2009, it was reported in the press[3] that no new cars had been manufactured by MG Sports and Racing Europe since its founding, and that employment tribunal proceedings had been initiated by two employees for non-payment of wages. Riley was also arrested by police in 2009 on suspicion of theft of an XPower WR car previously sold to a Canadian businessman who had been working on behalf of the company.
Riley's use of the "MG" trademark resulted in a legal dispute with Nanjing Automobile (Group) Corporation, which had also acquired assets of the defunct MG Rover Group.[4] This case was won by Nanjing in February 2010.[5] Consequently, the company name was changed to Sports and Racing Europe Ltd. in March 2010.
Modelsedit
The company announced a revised version of the MG XPower SV, renamed the XPower WR, in April 2008. Later the same year a convertible variant with a Kevlar bodyshell, the MG XPower SV-S WRC, was announced.[6]
sports, racing, europe, limited, british, automotive, company, based, eardiston, tenbury, wells, worcestershire, company, founded, william, riley, acquired, assets, sport, racing, subsidiary, rover, group, after, demise, with, intention, restarting, production. MG Sports and Racing Europe Limited was a British automotive company based in Eardiston Tenbury Wells in Worcestershire The company was founded by William Riley who acquired assets of the MG Sport and Racing subsidiary of MG Rover Group after its demise with the intention of restarting production of the MG XPower SV sportscar 1 renamed MG XPower WR The company was registered on 29 January 2007 2 better source needed MG Sports and Racing EuropeIndustryAutomotiveFounded29 January 2007FounderWilliam RileyDefunct12 February 2010HeadquartersEardiston near Tenbury Wells EnglandKey peopleWilliam RileyProductsAutomobileWebsitehttp www mg x power com In December 2009 it was reported in the press 3 that no new cars had been manufactured by MG Sports and Racing Europe since its founding and that employment tribunal proceedings had been initiated by two employees for non payment of wages Riley was also arrested by police in 2009 on suspicion of theft of an XPower WR car previously sold to a Canadian businessman who had been working on behalf of the company Riley s use of the MG trademark resulted in a legal dispute with Nanjing Automobile Group Corporation which had also acquired assets of the defunct MG Rover Group 4 This case was won by Nanjing in February 2010 5 Consequently the company name was changed to Sports and Racing Europe Ltd in March 2010 Models editThe company announced a revised version of the MG XPower SV renamed the XPower WR in April 2008 Later the same year a convertible variant with a Kevlar bodyshell the MG XPower SV S WRC was announced 6 nbsp An MG XPower SVNeither model has reached the manufacturing stage as of November 2011 External links editMG Sports and Racing Europe official websiteReferences edit MG is back on the road Birmingham Mail Midland Newspapers Limited 8 April 2008 Retrieved 15 September 2009 MG Sports amp Racing Europe Ltd amp TVR MG XPOWER All merged threads MG Rover org Forums Forums mg rover org Retrieved 26 June 2010 Chadwick Edward 31 December 2009 X Power dream turns sour for MG Sports and Will Riley Birmingham Post Retrieved 4 January 2010 Murphy Megan 5 July 2008 Battle over MG badge shifts up a gear Financial Times Retrieved 4 January 2010 Car maker wins MG trademark battle news bbc co uk BBC 19 February 2010 Retrieved 22 February 2010 MG X Power SV S WRC Is The Drop Top British Supercar jalopnik com 6 October 2008 nbsp This article about an automotive industry corporation or company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title MG Sports and Racing Europe amp oldid 977933784, wikipedia, wiki, book, books, library,
