The Caparo T1 is a British mid-engine, rear-wheel drive, two-seat automobile built by Caparo Vehicle Technologies, founded by design director Ben Scott-Geddes and engineering director Graham Halstead, engineers formerly involved in the development of the McLaren F1. The T1 was inspired by Formula One design, and intended as a relatively affordable street legal race car.The T1 was scheduled for production in mid-2007 for a price of GB£235,000 (approx. US$480,000 or €328,000, c.2007), with approximately 25 cars per year built.