MG Rover Group
In 2007, William Riley, who claims to be a descendant of the Riley family, although this has been disputed, formed MG Sports and Racing Europe Ltd. This new business acquired assets relating to the MG XPower SV sportscar from PricewaterhouseCoopers, the administrators of the defunct MG Rover Group, and intended to continue production of the model as the MG XPower WR.