Radford Motors, the luxury sports car startup co-founded by Formula 1 champion Jenson Button and TV presenter and mechanic Ant Anstead, has filed for Chapter 11 bankruptcy just three years after its launch.

Back in 2021, a new brand founded by 2009 Formula 1 champion Jenson Button and celebrity mechanic Ant Anstead revealed plans to build a low-production supercar inspired by the Lotus Type 62. Three years later, that saga has taken a turn for the sour: the company, known as Radford Motors (or just Radford), has filed for bankruptcy.

Ownership changes are expected, so it's unclear if Button and co-founder Ant Anstead will remain with the company.