Caterham Cars is a manufacturer of specialist lightweight sports cars based in Caterham, Surrey, England and part of the British motor industry. Colin Chapman's Lotus Cars launched the Series 1 Lotus Seven in 1957. The car was immediately embraced by enthusiasts as a low-cost, lightweight sports car and successful race car. Revised Series 2, Series 3 and Series 4 versions were subsequently launched in 1960, 1968 and 1970 respectively. Their only current model, the Caterham 7 (or Seven), is a direct evolution of the Series 3 Lotus Seven.