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Private company

Ascari Cars

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3

British automobile manufacturer

Ascari Cars Ltd. was a British automobile manufacturer based in Banbury, England, and founded by Klaas Zwart. Zwart was the former chairman and majority owner of oil and gas company Petroline, which designed and manufactured its own downhole technology. Ascari filed for bankruptcy in 2010.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1995Founded1
  • Industryautomotive industry1
  • HeadquartersBanbury1
  • Websitewww.ascari.net
  • Legal formprivately held company1

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Ascari Ecosse
Photo: Darren, CC BY 2.0, via Wikimedia Commons5

Ascari Cars Ltd. was a British automobile manufacturer based in Banbury, England, and founded by Klaas Zwart. Zwart was the former chairman and majority owner of oil and gas company Petroline, which designed and manufactured its own downhole technology. Ascari filed for bankruptcy in 2010.2

The story

Ascari Cars was established in Dorset in 1994. Its first limited-edition car, the Ascari Ecosse, was launched in 1998.

In 2000 Ascari Cars built a new facility in Banbury, Oxfordshire. Ascari Car's second car, the Ascari KZ1, was developed at Banbury, which also housed Team Ascari's racing assets. The premises are now occupied by Haas F1 Team.

Due to declining sales of the Ascari KZ1 and the high cost of production Ascari suffered heavy financial losses. The company filed for bankruptcy in 2010.

From Wikipedia’s article on Ascari Cars, shared under CC BY-SA 4.0.4

Products and brands

  • car

Listed on Wikidata.1

Timeline

  1. 2010Dissolved Dissolved1
  2. 1995Founded Founded1

Sources

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