Rover buyer Alchemy Partners plans to link up with luxury car maker Lotus to make an MG sports car. The venture capital firm wants to develop the car by 2002. Alchemy hopes to revive the MG brand by taking it back to motor racing, eventually competing at the Le Mans race. The company unveiled a draft business plan on Monday evening, but it still didn't offer any clues as to how many jobs will be lost at the Rover plant in Longbridge.
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