It’s rare for us to get two stories about Australian sports cars in the same month, let alone the same day, but today we got news that the Joss supercar is for sale, and now we can report that Elfin has been bought by Walkinshaw Performance. The company is run by Scotsman Tom Walkinshaw and is best known for running Holden Special Vehicles, the performance arm of Holden’s road cars. It also runs Holden’s V8 Supercar racing operations so has lots of racing experience under the belt.

Elfin sells two models, the Clubman and Streamliner. Both use the same chassis and are fitted with a GM-sourced 5.7L V8 and six-speed gearbox. The key to their performance is the light weight, with the Streamliner coming in at 1100kg, and the Clubman at 925kg. This allows them to hit 0-100km/h in just 4.4s. More importantly, the cars are great value for money, priced at A$98,000 for the Clubman and A$119,000 for the Streamliner.

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The arrangement means that Elfin Sports Cars can now harness the engineering, design and sales expertise of the Walkinshaw group to lift its product profile and sales volumes. Opportunities will range from access to the Group’s supplier base and technical skills, to taking advantage of export opportunities via HSV’s growing sales channels in overseas markets.

Elfin cars will be sold through a new dealer network across Australia and New Zealand. The Elfin factory has the production capacity to build up to 100 Elfin MS8s a year for Australian and export consumption. The company expects a high level of interest from overseas customers, particularly from the UK.