31 Articles
1 / 2
NEXT
12

Steve Saleen's Ford GT Prototype – Click above for image gallery

26

2010 SMS 460 Mustang – Click above for high-res image gallery

23

2011 SMS 302 Mustang - Click above for high-res image gallery

14

2010 SMS 620 Camaro - Click above for high-res image

38

SMS 570X – Click above for high-res image gallery

26

C5 Corvette based Saleen S7 replica - click above image for hi-res gallery

12

The drama that is Saleen entered a new chapter yesterday with the announcement that Steve Saleen's new company, SMS Supercars, has filed a lawsuit against MJ Acquisitions, which purchased assets from Saleen, Inc. including the right to produce the 'S' line and Racecraft Mustangs, as well as the Speedlab aftermarket division. Steve Saleen, who left Saleen, Inc. in the summer of 2007, claims the lawsuit was filed to "continue to protect the name, reputation, and brand value of Steve Saleen, and to

19

2010 SMS 460 Mustang – Click above to enlarge

10

SMS 570X debut - Click above for a high-res gallery

18

Rumors have been swirling this past week about the potential sale of Saleen, Inc., just a few months after the company announced it would explore the sale of its operations. LA-based Hancock Park Associates, which purchased a majority of the business from Steve Saleen just a few years ago, had been recently running the company with just a few dozen employees to keep the business going until it could find a buyer. The sale is now finally official, with MJ Acquisitions purchasing a majority of the

8

Click above for a gallery of the SMS Dodge Challenger

10

On one hand, Steve Saleen has two Challengers due out under his SMS brand. On the other, he's got the slightly tangled mess of CHAMCO, it's Chinese partner Zhongxing Auto, and their joint U.S. venture, ZX Auto North America International.

1 / 2
NEXT
Share This Post