Guys thats the Lotus M250. It was introduced in 1999. It was supposed to go into production but was later scrapped due to money issues. Its larger than a current Elise. NOw it is possible the next gen Elise will get some styling cues from the m250. But we wont know till 06.
If anything, that car should point the way for the Esprit replacement, which is probably going to be based on the current Elise architecture, but with an increase in track and wheelbase to accomodate V8 engines. Other than the ugly front bumper treatment, I think that concept looks cool.
That is correct - it was scrapped. Take note of the parent site - http://www.spymac.com - 1 GB free email account amongst other things. I've had one for a month+ now - no spam yet!