Image via radfordmotors/Instagram
Radford Motors, the car company co-founded by Formula One champion Jenson Button, has filed for bankruptcy after only about three years in operation. The development came as a surprise to many who saw the boutique automaker as a promising newcomer.
The venture had generated genuine excitement with its vision of distinctive, low-volume vehicles. Its financial troubles serve as a reminder of how challenging it can be for small specialty manufacturers to establish themselves in a demanding industry.
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