Classic cars forum & vehicle restoration.
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Rick Site Admin

Joined: 27 Apr 2005 Posts: 22791 Location: UK
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Ray White

Joined: 02 Dec 2014 Posts: 7144 Location: Derby
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Posted: Fri May 29, 2015 12:17 am Post subject: |
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At first I was taken aback by Lord March's refusal to allow the new lightweight E types to race on his track but on reflection it is, I think, understandable. As he said they don't have replica cars racing at Goodwood.
These are not historic racing cars; they are new replicas.
As Shaun Lynn, who owns one of the original twelve Jaguar lightweight E type race cars said, the new cars, (despite their high price tag) will be worth considerably less than his car which is in fact car number 1 of the original twelve. In a race, the owner of a new lightweight would have much less to loose and therefore gain an unfair advantage.
When asked what he thought about Jaguar's announcement to build six more lightweights, Shaun Lynn said "from a historical perspective I think it's wrong...sullying to a certain extent the original race history that Jaguar had with the original lightweights and why they were so special".
Where then does this leave the buyer of a new Jaguar lightweight E Type? The cars are genuine Jaguar products and are identical to the original but they don't have the history and probably more importantly, they don't have the development which is at the heart of any race car.
Secondly, where does it leave Jaguar? Could they end up with egg on their face? Have all the cars been sold? Apparently, I have read, that as race cars, they are not road legal. |
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Ronniej
Joined: 02 Dec 2008 Posts: 239 Location: Blackwood, by Lanark, Scotland
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Posted: Fri May 29, 2015 7:33 am Post subject: TV tonight - building the new lightweight E-Types |
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I watched the programme with great interest and thanks Rick for letting us know about it.
I had not thought about the cars being regarded as replicas until this was mentioned by Lord March.
I am not sure if I would simply dismiss them as replicas but their status is certainly open to question.
Ask yourself, if you had the means, would you really want one?
I doubt if I would derive much pleasure driving such a high value car (never mind racing it!) for fear of damaging it. This would mean it might stay in its (doubtless) air conditioned garage which defeats the whole purpose.
The money I spend indulging my old car hobby would be small change to the ultra-rich individuals these cars are targeted at. At the risk of getting political, in a world where many people don't have enough to eat is such extravagance right? |
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Rick Site Admin

Joined: 27 Apr 2005 Posts: 22791 Location: UK
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Dipster
Joined: 06 Jan 2015 Posts: 408 Location: UK, France and Portugal - unless I am travelling....
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Posted: Fri May 29, 2015 8:00 am Post subject: Re: TV tonight - building the new lightweight E-Types |
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I doubt if I would derive much pleasure driving such a high value car (never mind racing it!) for fear of damaging it.
This does not seem to bother those who actually race high value motors at all. I think of Nick Mason and his GTO for example. For many people nowadays a million is almost loose change...... |
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mikeC

Joined: 31 Jul 2009 Posts: 1809 Location: Market Warsop, Nottinghamshire
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Posted: Fri May 29, 2015 8:29 am Post subject: Re: TV tonight - building the new lightweight E-Types |
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| Ronniej wrote: | ... This would mean it might stay in its (doubtless) air conditioned garage which defeats the whole purpose.
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Just like most modern exotics. A few years ago I was speaking to a Ferrari F40 owner, who admitted he couldn't afford to use it. Not because it was especially expensive to run, but every mile he added would reduce the car's value by a thousand pounds Look at most supercars for sale, and none of them have any significant mileage. |
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Ray White

Joined: 02 Dec 2014 Posts: 7144 Location: Derby
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Posted: Fri May 29, 2015 10:39 am Post subject: |
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Just a thought
Perhaps these six lightweights will compete with each other in replica race car racing? From what I remember, in the T.V. programme, competition use is part of the deal with Jaguar so I guess this matter is concentrating a few minds at the moment! I am sure Jaguar imagined that the new cars would be received as genuine lightweight E type racers but if they did, are they not forgetting something? The Jaguar company today is not the same animal (excuse the pun) as it was back in the '60s.
Considering you need to be invited to buy one in the first place I imagine there have been some interesting discussions!
Personally, I just feel totally excluded from the "elite" and even if I could afford to buy any car for over a million pounds, I doubt if I could ever justify such extravagance. |
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colwyn500
Joined: 21 Oct 2012 Posts: 1745 Location: Nairn, Scotland
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Posted: Fri May 29, 2015 3:49 pm Post subject: |
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Whatever their status they are lovingly hand-crafted, beautiful machines.
Given time and opportunity, they will inevitably acquire their own history and patina.
How many "original" racers (not only Lighweight E-Types) are genuinely all that original? Does it matter anyway if they look the part and sound and function as they should?
The only practical thing the racing pedigree does is to raise the value to an even more eye-watering level.
Lord March is being elitist amongst elitists.
The programme was excellent in many ways. |
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Ray White

Joined: 02 Dec 2014 Posts: 7144 Location: Derby
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Posted: Fri May 29, 2015 5:04 pm Post subject: |
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Isn't it a shame that money has a negative influence on almost everything. If the £1 million new cars were worth £5 million like the original lightweights are, I wonder if there would be the same resistance?
Another idea What if Jaguar were to invite Lord March to purchase one of the cars? If he bought one, he could then change his policy and allow (factory built) replicas entry to historic races at Goodwood and possibly see his investment show a five fold increase overnight!
I would be interested in hearing Lowdrag's views (if he is following this). |
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lowdrag
Joined: 10 Apr 2009 Posts: 1600 Location: Le Mans
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Posted: Fri May 29, 2015 5:10 pm Post subject: |
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I posted elsewhere on this. I feel Lord March was put on the spot here, and having had quite a conversation with him during the Festival in 2011 I think I should explain his take on things. My "Kettle" C-type was invited to the Revival in 2009 and to race in the Festival of 2011. His explanation was that he would invite an FIA-papered replica providing that not one of the original cars exist. That seems fair to me and I've seen two replica Lancia Ferraris and a shark nose race just for that reason alone.
But, and a big but, last year at the Revival there was a race for D-types only. They didn't get enough "real" entries, so admitted other cars which, while bearing a D-type chassis number, are no more than replicas which have one part or another of the original car in them. Look at the history of many a D-type and you'll find that it was dismantled for spare parts or in one case sold off as spares to Ecurie Ecosse after a big shunt at Silverstone. Both these two cars now "exist", although, and a telling point, Jaguar have refused both a Heritage Certificate. So he was being economical with the truth I feel.
On the subject of the cars themselves, Jaguar never paid such attention in the day (couldn't afford to) and I feel that these cars will be classed, like the Sanction 2 Aston DB4 Zagatos, as second division cars, wandering in a sub-world of their own. One of the Sanction 2 cars was sold a couple of years back at the same price it was sold new. Compare that to the real thing if you will. And will the suitcase ever come out of it's case, or the watch be worn? I doubt it very much, since they are part of the buyer's "investment" |
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colwyn500
Joined: 21 Oct 2012 Posts: 1745 Location: Nairn, Scotland
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Posted: Fri May 29, 2015 6:16 pm Post subject: |
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| Ray White wrote: | Isn't it a shame that money has a negative influence on almost everything. If the £1 million new cars were worth £5 million like the original lightweights are, I wonder if there would be the same resistance?
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The new cars are probably worth more than paid for the moment the owners take delivery. There will be more people who want and can afford one than are able to get on the very short, short-list.
I have a close relative who had to wait for several years in order to have his replica Bentley built. I believe he "scored" just a few years later when lack of opportunities to use the beast influenced his decision to sell.
The millionaire buyer on the programme was alluding to that when he made the comparison with Fine Art. These cars are worth so much because they are considered an investment but one which carries with it at the point of sale, no Capital Gains Tax in this country (UK). |
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Ashley
Joined: 02 Jan 2008 Posts: 1426 Location: Near Stroud, Glos
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Posted: Fri May 29, 2015 6:46 pm Post subject: |
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| colwyn500 wrote: | Whatever their status they are lovingly hand-crafted, beautiful machines.
Given time and opportunity, they will inevitably acquire their own history and patina.
How many "original" racers (not only Lighweight E-Types) are genuinely all that original? Does it matter anyway if they look the part and sound and function as they should?
The only practical thing the racing pedigree does is to raise the value to an even more eye-watering level.
Lord March is being elitist amongst elitists.
The programme was excellent in many ways. |
I thought the program was awful, cloying rubbish, but I agree with everything you say.
Lord March's opinion is irrelevant really because there are rules regarding racing replicas and even Jaguar making the car won't alter them.
Same thing has been happening with Bugattis for years, so eventually the Club inspect replicas and of they're accurate to the original design, they get chassis and engine numbers that follow on from originals. Everyone knows they're replicas, but when the supply is limited, they're cheaper and they're authenticated, some collectors will be happy and there's plenty of events they do qualify for. |
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lowdrag
Joined: 10 Apr 2009 Posts: 1600 Location: Le Mans
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Posted: Mon Jun 29, 2015 7:34 pm Post subject: |
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| How time moves on! The Bugatti Club under investigation by the DVLA, and the new lightweights unregisterable in the UK it would now seem! |
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Ray White

Joined: 02 Dec 2014 Posts: 7144 Location: Derby
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Posted: Mon Jun 29, 2015 9:02 pm Post subject: |
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| lowdrag wrote: | | How time moves on! The Bugatti Club under investigation by the DVLA, and the new lightweights unregisterable in the UK it would now seem! |
You are more "in the know", Lowdrag - tell us more please; I am intrigued  |
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JC T ONE
Joined: 30 Oct 2008 Posts: 1139 Location: Denmark
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