The Hulme CanAm has been six years and NZ$5m in the making – quite an achievement for such a small amount of money – and now the fund raising begins in earnest. A publicity stunt was organised: a reveal of the revised CanAm test mule (‘Bear 1′) in full road trim, and a quick jaunt around the block with Auckland Mayor (and confirmed petrolhead) John Banks.

The crowd turned up at Independent Prestige to see the CanAm surrounded by Aston Martins, Lamborghinis, Bentleys and Ferraris, but shrouded in a large chequered cloth.

After an extended speech by an emotional Jock Freemantle, iconic New Zealand race car driver Kenny Smith, Banks and several others involved in the team revealed the car.

Still packing the LS7 since we last reported on it back in February in our sister title NZV8, when it ran a demonstration at the A1GP at Taupo, the price has been revised downwards significantly to UKP220,000. This still puts it in Caparo T1 territory – a bold move in this economy.

Just as the very religious Freemantle finished thanking the Lord, the heavens opened in tropical downpour-style. All on-road fun was curtailed for the day.

Check back soon as our sister site NZV8 will feature a full track test as soon as possible. In the meantime, watch the reveal, including a demonstration of the adjustable kerb-beating front suspension, and listen to the engine noise.

The Hulme CanAm has been six years and NZ$5m in the making – quite an achievement for such a small amount of money – and now the fund raising begins in earnest. A publicity stunt was organised: a reveal of the revised CanAm test mule (‘Bear 1′) in full road trim, and a quick jaunt around the block with Auckland Mayor (and confirmed petrolhead) John Banks.

The crowd turned up at Independent Prestige to see the CanAm surrounded by Aston Martins, Lamborghinis, Bentleys and Ferraris, but shrouded in a large chequered cloth.

After an extended speech by an emotional Jock Freemantle, iconic New Zealand race car driver Kenny Smith, Banks and several others involved in the team revealed the car.

Still packing the LS7 since we last reported on it back in February in our sister title NZV8, when it ran a demonstration at the A1GP at Taupo, the price has been revised downwards significantly to UKP220,000. This still puts it in Caparo T1 territory – a bold move in this economy.

Just as the very religious Freemantle finished thanking the Lord, the heavens opened in tropical downpour-style. All on-road fun was curtailed for the day.

Check back soon as our sister site NZV8 will feature a full track test as soon as possible. In the meantime, watch the reveal, including a demonstration of the adjustable kerb-beating front suspension, and listen to the engine noise.

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