Project Kimber

During the bid process, David James was quoted as saying: "This is the last chance to save Britain's largest independent carmaker from falling into overseas ownership.

[citation needed] Barrie Wills, another key member of Project Kimber, formerly of Jaguar, Reliant Scimitar and DeLorean, and founder of de Montfort Resources which held the Agreements with Smart.

[4] Also joining was John Piper, formerly of the Williams Formula One team who recently worked on the JCB Dieselmax car which in August 2006 set a new diesel land speed record.

Former Jaguar designer Keith Helfet was signed up to restyle its front and tail ends to freshen it up, and to distinguish it from the original Smart Roadster.

Artists impressions of the new car, now referred to as the AC Ace, were released in December 2006,[6] and while delays to the project were acknowledged at the end of 2006, production was scheduled for 2007 despite a £65m investment not being formalised.