Lee Noble’s Fenix Automotive to join forces with Arrinera Automotive
Lee Noble is no neophyte in the supercar business, having already been involved in a number of exotic automotive ventures in the past. After founding Noble Supercars, Noble was one of the driving forces behind the creation of the M600. After selling the company a few years ago, Noble went ahead and established a new South Africa-based brand: Fenix Automotive.
Now, there’s word that Noble has become involved with another start-up exotic builder, Poland’s Arrinera Automotive. The skepticism surrounding the production of Arrinera’s Venocara supercar was justified when the car was unveiled a few months ago, mostly because of a lack of substantial funds to support the entire project. But now that Noble has entered the picture - he reportedly bought a five-percent share in the company - the entire Venocara project seems to have gained some traction.
As part of the agreement, both Arrinera and Fenix are hatching an agreement to create a small group of different brands that will build and develop their own respective supercars. The first step to this collaboration will constitute Fenix selling 50 percent of the company to Arrinera sometime this year, with the end game being that all these brands will form a powerful supercar network in the future.
We don’t know how all of this will play out, but it does create a little bit of excitement to see a group of start-up companies join forces to give the old guards of the industry a serious run for their money.