LONDON — Italian sports car brand Bizzarrini, the 1960s brainchild of a former Ferrari engineer, is being resurrected by a group that includes Aston Martin's former CEO and the British automaker's onetime majority shareholder.
The new company will be chaired by Ulrich Bez, Aston Martin's CEO from 2000 to 2013.
Rezam Alroumi, a Kuwaiti national who led Adeem Investments, which provided the bulk of financing for the buyout of Aston Martin from Ford Motor Co. in 2007, is providing major funding.
Former Ferrari engineer Giotto Bizzarrini built sports cars under his name from 1964 to 1969. The company is best known for the 5300 GT Strada coupe, based on an Iso Grifo A3C race car. Giotto Bizzarrini is still alive but is not connected to the revival.