American cars were always built around a massive V8 buried under a body shell that shouted muscle as loud as it could. Rarely, there was something different. Every once in a blue moon, America tried to build something that rivaled the likes of the European Grand Tourers. Cunningham did that once. The story behind it is one of the more brutal stories, where Bob Lutz and General Motors strangled the modern American dream with a V12 over a $4 share price. America Wanted A New Kind Of Grand Tourer Cunningham C-4R Continuation 10 Around the turn of the millennium, American performance cars were starting to get interesting again. The Viper had already proved that America could build something genuinely wild, while the Corvette was becoming more sophisticated without losing its basic attitude. But there was still a gap at the expensive end of the market. Europe had Ferrari, Aston Martin and Bentley. America had plenty of fast cars, but very few that could combine real performance with the kind of exclusivity and craftsmanship expected from a six-figure grand tourer.A Viper could embarrass most of them in a straight line. It couldn't touch them on interior trim, waiting lists or the kind of badge that gets a car waved into a private paddock. That was the opportunity Briggs Cunningham III and Bob Lutz saw. The spark reportedly came from Larry Black, a writer and former racer who had been kicking the idea around for years before Lutz or Cunningham signed on.Via Rm Sotheby's Cunningham had a name that carried some serious weight. His father, Briggs Cunningham, had built racing cars, competed at Le Mans and created some of America's most interesting performance machines. The company pitched it as a return to the kind of American GT Briggs Cunningham had built in the early 1950s, when the C-3 was offered as a road-going grand tourer.Lutz, a name that already carried real weight at BMW, Ford and Chrysler, had the industry experience to turn the idea into something more than a nostalgic exercise. By the early 2000s, the project had taken shape around one idea. Build an American grand tourer that could sit in the same conversation as Europe's best. The plan was ambitious. Maybe a little too ambitious. Bob Lutz Had A Serious Plan For An American GT Via Bring A Trailer This wasn't supposed to be another fancy concept car that appeared at an auto show, collected some attention and then disappeared into a warehouse. There was actual money behind it. Lutz and Cunningham III each put up roughly $750,000 in startup capital, borrowed through Credit Suisse. General Motors later invested $2 million for roughly a 10% stake, while GM said Lutz would not participate in transactions between the two companies. The company was also trying to raise around $85 million to get the production program properly off the ground.The business plan was deliberately designed to avoid the enormous cost of building a new factory from scratch. Instead, the company positioned itself as what its own executives called a virtual company, leaning on established suppliers for major parts of the project, with Roush lined up for final assembly. It was a clever way to get a low-volume luxury car built without the overhead of a traditional automaker. It also meant the whole operation depended on outside partners staying confident.Via Bring A Trailer None of this was supposed to produce a one-off curiosity. The company was talking about producing hundreds of cars every year, with a price somewhere around $250,000. That is a very different proposition from building one spectacular prototype. The project was also starting to attract credible engineering suppliers. Cosworth Technology was slated to build the planned V12, while other suppliers were being lined up for everything from transmissions to tires and composite materials.By 2002, the company was still trying to make the numbers work. There was just one enormous problem. The company needed more money before it could build a production car, and the legal fight that was about to erupt would make that considerably harder. The Cunningham C7 Was A 600-HP V12 Monster Cunningham Then came the car itself. The Cunningham C7 made its public debut at the 2001 Detroit Auto Show, wearing a body styled by Stewart Reed with clear inspiration from Cunningham's racing heritage. It looked exactly like the sort of machine you would expect from a company trying to revive one of America's great racing names. Long, low and unapologetically expensive-looking, the C7 was intended to be a proper 2+2 grand tourer rather than a stripped-down track special. This was a car meant for covering serious distance in serious comfort, not lapping a circuit on a Sunday.Under the skin, the numbers got even bigger. The program targeted a 6.8-liter V12 producing around 600 horsepower, with Cosworth Technology slated to build the planned engine. All-wheel drive was part of the plan, while the body was expected to use lightweight materials such as carbon fiber and aluminum. Big power sent through all four wheels in a lightweight body was exactly the kind of engineering intended to put the Cunningham in the same conversation as Ferrari and Aston Martin.Cunningham The intended result was an American GT with the power, sophistication and price to challenge Ferrari and Aston Martin directly. Ford was quietly developing its own GT revival at the same time, though nobody would see it for another year, and Aston Martin had just launched the Vanquish. This was the market Cunningham wanted to enter. The company wasn't shy about how many it wanted to build, either. The company was targeting up to 600 cars a year, with pricing around $250,000.But there is an important catch that makes the whole story even stranger. The car sitting under the Detroit Auto Show lights wasn't a finished running prototype. It was a full-size, non-running fiberglass mockup built by Special Projects of Livonia, Michigan. That doesn't mean the project was fake. The supplier relationships, investment and production planning were real. But the C7 had not reached the point where anybody could strap into one, fire up its V12 and find out whether the thing actually worked. And that distinction would become very important. A $4 Share Price Dispute Destroyed The Project Via Bring A Trailer By 2002, the money problem still hadn't gone away. Then Briggs Cunningham III filed a lawsuit. This wasn't a stranger suing a faceless corporation. This was the son suing the men he'd partnered with to rebuild his own father's name. The dispute centered on Cunningham's ownership stake in the company and the way his shares had been handled. Cunningham alleged that he was effectively forced to sell his 775,000 shares for $1 each to pay off a startup loan. The particularly ugly part was what happened afterward.Via Bring A Trailer GM later purchased 400,000 shares for $5 each. The four-dollar gap became the centerpiece of the dispute. Cunningham alleged that Lutz, GM and others had used a complicated financial arrangement to push him out of the company. GM and the other defendants denied wrongdoing. The lawsuit landed while the company was still trying to convince investors to put tens of millions of dollars into an unproven luxury-car manufacturer.The timing was brutal. The company stopped operations on September 23, 2002, only weeks after the lawsuit was filed. CEO John McCormack said the legal dispute had scared away potential investors, while the company was already running low on the money that had funded the project. The suppliers reportedly stood behind the program, but that wasn't the problem. Cunningham needed money. Without it, there was no production car. The C7 Never Got To Prove What It Could Do Cunningham This is where the Cunningham C7 story gets frustrating. The project didn't collapse because the finished car was slow, unreliable or hopeless to drive. Nobody got the chance to find out. Years of planning, supplier deals and investment went into a car whose funding collapsed after the lawsuit. The planned V12 never became a production engine for the C7. The production body was never built. The planned 500-to-600-car annual output never happened. And the company never reached the point where customers could actually order one of these $250,000 American GTs.The company eventually shut down operations indefinitely, with later accounts placing the formal cancellation in 2003. The practical end, however, came in September 2002. And that left the C7 in a particularly strange place in automotive history. It was a legitimate production proposal backed by real money, major industry names and established suppliers. It had a 600-hp V12 on paper, a six-figure price tag and a production target most of Detroit would envy. But the only physical car built for the public was still a fiberglass mockup. It reportedly remains in Jack Roush's collection, a strange ending for the man whose company was supposed to assemble hundreds of production C7s.Via Bring A Trailer There was never a road test to prove the 600-hp figure, never a top-speed run, and never a comparison against a Ferrari or Aston Martin. There was never even a production car that rolled out to a customer. The C7 essentially died before the interesting part began. The story, then, is less about a failed grand tourer and more about a car that never got the chance to become one.The Cunningham name had the history. Lutz had the industry connections. The project had suppliers, investment and a surprisingly detailed production strategy. What it didn't have was enough time and money to survive the fight surrounding it. For a car that was supposed to challenge Europe's finest, the Cunningham C7 never actually lost the fight. It never got to fight at all.
