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TVR owner Nikolai Smolenski has taken the tiny English car firm on a ride wilder than anything you could get from a Speed 12 (pictured), and now he's riding the name right out of the car business. Telling Autocar that the production possibilities don't make financial sense anymore, he is instead repurposing the hardcore brand into "a new venture building portable wind turbines."

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TVR owner Nikolai Smolenski has taken the tiny English car firm on a ride wilder than anything you could get from a Speed 12 (pictured), and now he's riding the name right out of the car business. Telling Autocar that the production possibilities don't make financial sense anymore, he is instead repurposing the hardcore brand into "a new venture building portable wind turbines."

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There's a flicker of life over at TVR. The eccentric British sportscar firm has a brand-new website, complete with a revised logo that harkens back to the company's 1954 original. That's far from the grand plans that the company's owner, Nikolai Smolenski, had drawn in the clouds, but at least its something. PistonHeads.com reports that TVR will now source you one of the company's used models and completely rework the vehicle's systems. The engine gets swapped for a new General Motors LS3 mated

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TVR faithful – what few there might be remaining – have been wondering for years what Russian billionaire owner Nikolai Smolenski plans to do with what remains of the company. He bought the Blackpool firm in 2004, and ever since, it seems it has made more headlines than products. The latest is Smolenski's apparent plan, detailed to a Dutch magazine, to replace powertrains in existing cars with either a General Motors LS3 V8, a 3.0-liter, six-cylinder turbodiesel from the BMW 335d, or

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Nikolai Smolenski's tenure as owner of TVR, the formerly revered maker of hairy-chested British sports cars, is nothing if not quizzical. He bought the company from late founder Peter Wheeler when it was in trouble, didn't do much with it, declared it bankrupt to clear its debts, then bought the company out of bankruptcy. Since then there's been little news save for a legal battle with a TVR remanufacturer and a couple of hints about using an American V8 to power the firm's next car.

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At long last, the question of exactly which American V8 the newly-resurrected TVR will use has been answered. As you might have guessed, the Russian-owned, English-bred racer will get a beating heart from none other than the mighty Chevrolet Corvette. The news hounds over at Autocar managed to snag a quick interview with the brand's owner, Nikolai Smolenski, who said that the GM eight-pot presented the most efficient and powerful solution to the company's engine concerns.

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TVR Speed 12 - Click above for high-res image gallery

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We'll parrot our friends over at Hemmings Auto Blog when they say, "Now it's just getting ridiculous." After Nikolai Smolenski bought back what assets were left of TVR last week, we're now getting word from Autocar that Adam Burdette and Jean Michel Santacreu, owners of Evolution Imports, have bought the quirky sports car manufacturer.

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You may have noticed our post Wednesday about TVR's owner Nikolai Smolenski losing his trademark rights and certain tooling. Yesterday, it was revealed that the entire company is, in fact, for sale. Expected bidders include Al Melling and possibly even Nikolai Smolenski rebidding.

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A new Autocar item is saying that the next-generation of TVRs will be built by Bertone in Italy, using Ricardo-produced engines. This comes on the heels of reports that the tiny manufacturer was leaving the UK. And that announcement followed the initial declaration that the firm would remain British. Nikolai Smolenski made the announcement yesterday that the current factory in Blackpool would be shut down. French and Russian plants have been rumored as potential sites, but Autocar's sources beli

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It appears the on-again, off-again prospect of TVR possibly closing its doors has boosted sales of the British sports car brand. Sales are up so much, in fact, that TVR has rehired the workers it temporarily, then permanently, laid off back in April.

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The saga of British sports car manufacturer TVR took another twist this week when the company leased space in an old WWII bomber factory just a short distance away from its shuttered Blackpool factory.

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