Clive Sinclair 1985 owing to Sinclair's financial troubles.) The following year, he received a knighthood and formed Sinclair Vehicles Ltd. to develop electric vehicles, which resulted in the unsuccessful Sinclair C5 in 1985. In 1984, Sinclair launched the Sinclair QL computer, intended for professional users. Development of the ZX Spectrum continued with the enhanced ZX Spectrum 128 in 1985. In April 1986, Sinclair Research sold the Sinclair trademark and computer business to Amstrad for £5 million. Sinclair Research Ltd. was reduced to an R&D business and holding company, with shareholdings in several spin-off companies, formed to exploit technologies developed by the company.
Clive Beddoe would relinquish his duties as chief executive officer, passing the torch to then-president Sean Durfy. In April 2010 Gregg Saretsky replaced Sean Durfy as President and Chief Executive Officer. Clive remains Chairman of the board. He is currently on the board for AIMCO, and head of their compensation committee. In his personal time he is an avid sailor and participated in the 2006 ARC, racing across the Atlantic. Clive Beddoe was inducted to the Order of the Canadian Business Hall of Fame in 2012. Beddoe was also inducted into Canada's Aviation Hall of Fame in 2014. Clive Beddoe Clive Beddoe