heh, couldn't help it. Lotus has always been successful at making light weight sportscars. Not because they can't make other cars, but because that's what people think when they think Lotus IMO.
276 hp in a 29xx lb car is weak these days. That's the Acura NSX formula. As superior as that car was, bottom line is your competition is cranking out 400+ hp, in cars that are 10% more in weight. In addition to that, they'll be going up against WELL established competition in that segment. That's a tall order.
Getting off soap box.