Proton Almost Built A RM150,000 Mid-Engined Sports Car Using Lotus Tech & Wira Parts

Proton Ultimate was slated for a 2003 release before shifting corporate priorities quietly shelved it. (Photo credit: Mota Auto)
What if Malaysia had its very own Lotus-backed supercar parked in everyday homes two decades ago? In the early 2000s, as the Saga and Wira firmly held their ground on local roads, Proton quietly embarked on an audacious mission to redefine its brand. As detailed by veteran automotive journalist Chips Yap for Mota Auto, the internal programme known as 'Project Sepang' set out to build a genuine 2.0-litre mid-engined sports car for the masses.

Proton Ultimate sketch (Photo Credit: Mota Auto)
Designated as the 'Proton Ultimate' (PU), the proposed coupe promised composite-lightweight performance to rival Nissan Silvia and Toyota Celica. The kicker? Proton planned to price it at just RM150,000 by pairing exotic Lotus platform tech with everyday factory components, including brakes lifted directly from the humble Proton Wira.
1. The 'Monaco' Chassis: Lotus DNA Under The Skin

2006 Lotus Europa S
Activated in late February 2000, 'Project Sepang' was intended to hit the market in just three years, a remarkably short development timeline made possible by composite materials and Lotus's modular 'Monaco' chassis platform. Lotus ensured its own sports cars remained distinct from Proton's offering, eventually evolving the 'Monaco' structure into the limited-run 2006 Lotus Europa S.
2. High-Tech Performance Meets Wira Parts
To slash R&D spending down to a quarter of traditional sedan costs, Proton capitalized on economies of scale that Lotus lacked. By borrowing high-volume factory components, such as brake systems from the Proton Wira, the manufacturer preserved generous profit margins while keeping the intended retail price capped at RM150,000.
3. Petronas F1 Power vs. Proton V6

Powertrain candidates were equally exotic. Proton evaluated the 204 bhp Petronas E01, a high-revving 2.0-litre engine resulting from a 1997 project, as well as a forced-induction Proton V6 capable of pushing 200 bhp. At least one fully functional prototype was completed using an American-sourced angine.
4. The Mystery Of The Disappearing Prototype

Inside 'Project Sepang': A rare peek at the prototype interior of Proton's canceled mid-engined sports car. (Photo credit: Mota Auto)
Planned for a production run of 10,000 to 15,000 units over five years at the Shah Alam assembly plant, the 'Proton Ultimate' was ultimately shelved due to shifting corporate priorities and leadership changes.
The exact whereabouts of the sole working prototype remain unknown, with rumors suggesting it met the same fate as the scrapped Satria Cabriolet prototype following Geely's ownership acquisition.
Written By
Sofea Najmi
A Bachelor of English Language and Literature graduate with an obsession for the finer details. Sofea uses her background in translation to decode the technicalities of automotive innovation. She is dedicated to delivering impactful, meticulously researched articles that provide a narrative far beyond the spec sheet. LinkedIn: https://bit.ly/3C018vv
JPJ Running Numbers
KUALA LUMPUR
VRT6230
SELANGOR
BSU3687
JOHOR
JF5842J
PULAU PINANG
PSG3654
PERAK
APM1847
PAHANG
CFJ509
KEDAH
KGJ4374
NEGERI SEMBILAN
NEM2549
KOTA KINABALU
SJU5166
KUCHING
QAB7445P
Last updated 12 Oct, 2026
Fuel Price
Petrol
RON 95
RM 3.97
+1.38
RON 97
RM 4.90
+1.75
RON 100
RM 7.20
+2.20
VPR
RM 8.23
+2.00
Diesel
EURO 5 B10
RM 5.12
+2.08
EURO 5 B7
RM 5.32
+2.08
Last updated 30 Apr, 2026
Latest News
Proton Hits 15-Year Market Share High As Gap With Perodua Shrinks
Proton's market share hit 23.9%, its highest since 2011, as the gap with Perodua narrowed. Here's what's driving its comeback in 2026.
12-10-2026
Chery OMODA 5 Recall: What's Confirmed, What's Not And What Owners Should Do
Chery Malaysia has announced an OMODA 5 recall as JPJ suspends new registrations. Here's what's confirmed, what's unclear and how owners can check their VIN.
12-10-2026
Budget 2027: What's Actually Changing For Malaysian Motorists And Commuters?
Budget 2027 brings fuel subsidies, MYKOMUTER50, driver assistance, EV chargers and road upgrades. Here's what Malaysian motorists need to know.
10-10-2026
BUDI Diesel: 400 Litres A Month, But How Many Owners Actually Need That Much?
Fewer than 7% of eligible owners exhausted their 400-litre BUDI Diesel quota in September. Here's what the figures reveal about actual fuel usage.
09-10-2026
Jetour Is Moving Upmarket, And Its Malaysian Sales Tell An Interesting Story
Chery wants to take Jetour upmarket, while the T1 and T2 accounted for 69% of its Malaysian registrations in August 2026. Here's why that matters.
09-10-2026
Chery Omoda 5 Rear Axle Detaches In JB. Is It Linked To The 2024 Issue?
A Chery Omoda 5 has been seen with its rear axle detached in Johor Bahru. Is it related to the model's 2024 axle issue? Here's what we know.
08-10-2026
40.77 Million Vehicles In Malaysia?! Hold On, There's More To That Number
Malaysia has 40.77 million registered vehicles, but only 26.6 million are active. Here's what the huge figure actually means.
07-10-2026
Putrajaya's RM1 Autonomous Bus Is Now Running. Here's What You Need To Know
Putrajaya's P113 autonomous EV bus starts passenger service from Oct 7 for RM1. Here's its route, schedule, payment method and what to know.
07-10-2026
Show More
trending_flat
Malaysia First Used Car and EV Consignment Platform
This is the best place to sell your car at true market value. Instead of accepting low dealer trade-ins, we handle everything and connect your car directly to genuine buyers for the highest price.

Understanding CariCarzAutomall Consignment Plan


Approved 200-Check Points Inspection

7 Day Money Back Guarantee

One Year Extended Warranty

No Hidden Charge
