Lotus Elan F1 supercar, reportedly said that his only disappointment with the McLaren F1 was that he could not give it the perfect steering of the Lotus Elan. In 2004, "Sports Car International" named the Elan number six on the list of Top Sports Cars of the 1960s. The original version of the car was designed by Ron Hickman who also designed the first Lotus Europa as part of Lotus' GT40 project bid and made his fortune having designed the Black & Decker Workmate. Because of its successful design and rigorous attention to cost control on the body, chassis, engine and the
Lotus Elan transmission supplied by Isuzu, and was built with the development and testing resources of General Motors. Around £35 million (about $55 million) was invested in its development, more than any other car in Lotus history. Its design, featuring a fibreglass composite body over a rigid steel backbone chassis, was true to Lotus founder Colin Chapman's original philosophy of achieving performance through low weight, and the name "Elan" connected the car with its 1960s ancestor. In 1986 the purchase of Lotus by General Motors provided the financial backing to develop a new, small, affordable car in the same spirit as the