Classic car firm calls in administrators
Silverstone-based classic car manufacturer, David Brown Automotive, has called in administrators.
The “restomodder” company, which takes classic designs and gives them a modern twist, appointed MB Insolvency as administrator on Monday (November 25). The move comes two weeks after the firm posted a notice of intention (NOI) to appoint administrators through Harrison Clark Rickerbys.
David Brown Automotives was set up by its eponymous ex-owner and is famous for its Speedback GT and Mini Remastered models.
In 2017, the company moved into new 18,000 sq ft premises at Silverstone Park, before being sold by Brown in 2020 to UK Advanced Industrials.
Last year, David Brown Automotive delivered one of the first customer examples of its all-electric Mini eMastered to world renowned music mogul and television star, Simon Cowell.