The Myth of John DeLorean | Betrayal | 2

Business Movers

Wondery

History, Business, Entrepreneurship

4.8 • 1.5K Ratings

🗓️ 29 April 2021

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

As pressure grows in Northern Ireland to get the DMC-12 ready for mass-production, John seeks out Colin Chapman, the man behind Lotus Cars. A partnership with Chapman leads John to turn against some of his closest friends and engage in a questionable financial deal that could bilk investors out of millions.

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Transcript

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0:00.0	It's the fall of 1978 in the sky above Eastern England, four years before John DeLorean's
0:24.1	arrest.
0:25.6	John looks out the window of a private jet as it descends over the East Anglia countryside.
0:30.6	Tucked in among the lush woods, our test tracks where drivers push Lotus sports cars to
0:35.2	the limit.
0:36.2	A century's old manor house stands beyond the tracks.
0:39.5	This is the headquarters for Lotus cars.
0:42.1	John and his team are flying to meet with Lotus' founder Colin Chapman.
0:46.5	John wants Lotus to design his car, the DeLorean DMC-12 for mass production in Northern Ireland.
0:53.3	Staying away from the plane window, John addresses his chief engineer Bill Collins.
0:57.9	Can you believe they actually design cars in such a beautiful place, Bill?
1:02.2	John considers Lotus the perfect sports car.
1:05.4	After visiting Lotus' idyllic headquarters several times, John's fallen even more in
1:09.6	love with the brand.
1:10.6	Yeah, John, I have to talk to Chapman about the prototype.
1:13.8	If Lotus comes on board, we need to hit the ground running and I want to make sure Chapman
1:17.5	and I are on the same page.
1:20.0	Bill has felt under the gun ever since John announced that DeLorean would be ready
1:23.5	for American consumers in March of 1980.
1:26.8	Bill wanted years to get things ready in Northern Ireland.
1:29.6	John gave him 18 months.
1:31.0	Yeah, we don't have a deal with Lotus yet, Bill.
	...

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