Just days after Artega filed, De Tomaso officially declared bankruptcy. For those unfamiliar, De Tomaso was a sportscar company started, like today's Pagani
, by an Argentinian in Italy. Founded in the late 1950s, it briefly owned Maserati
but was best known for mid-engined exotics like the 1966 Mangusta and 1971 Pantera. Having fallen into obscurity, the name was acquired by former Fiat
group executive Gian Mario Rossignolo, who relaunched the company with the Deauville. The crossover concept flopped and when a Chinese investment group pulled out of the deal, Rossignolo was left without the funds to finance its development - never mind the new Pantera supercar his company was developing.