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==History== ===Factory history=== [[File:Koenigsegg gebaeude.jpg|thumb|The old factory building in [[Ängelholm]], Sweden]] Christian von Koenigsegg got the idea to build his own car after watching the Norwegian stop-motion animated movie ''[[The Pinchcliffe Grand Prix]]'' in his youth.<ref name="Nettavisen1">{{cite news |first=Jon Einar |last=Kolberg |url=http://www.nettavisen.no/bil/article515400.ece |title=Superbilen Koenigsegg blir norsk |trans-title=Supercar Koenigsegg becomes Norwegian |publisher=Nettavisen.no |language=no |date=16 December 2005 |access-date=16 June 2009 |archive-url=https://web.archive.org/web/20081120225345/http://www.nettavisen.no/bil/article515400.ece |archive-date=20 November 2008 |url-status=dead }}</ref> At 22 years old, Koenigsegg gathered {{currency|60 million|SEK}} from investors and founded Koenigsegg Automotive in 1994.<ref name="Phyron 2022">{{cite web | title=A CRAZY CHILDHOOD DREAM COME TRUE | website=Phyron | date=9 June 2022 | url=https://www.phyron.com/insights/a-crazy-childhood-dream-come-true | access-date=10 May 2023 | archive-date=3 July 2023 | archive-url=https://web.archive.org/web/20230703010041/https://www.phyron.com/insights/a-crazy-childhood-dream-come-true | url-status=live }}</ref> Initially, Koenigsegg Automotive was based in [[Olofström]]. In the early 2000s, the company moved to Ängelholm.<ref name="Bilsport">{{cite web | title=BILSPORT – för dig som älskar bilar med attityd | website=Bilsport | url=https://www.bilsport.se/artikel/koenigsegg-storsatsar | language=sv | access-date=9 May 2023 | archive-date=9 May 2023 | archive-url=https://web.archive.org/web/20230509092443/https://www.bilsport.se/artikel/koenigsegg-storsatsar | url-status=live }}</ref> On 22 February 2003, one of the production facilities caught fire and was badly damaged.<ref name="auto motor & sport 2003">{{cite web | title=Brand totalförstörde Koenigseggs bilfabrik | website=auto motor & sport | date=25 February 2003 | url=https://www.mestmotor.se/automotorsport/artiklar/nyheter/20030225/brand-totalforstorde-koenigseggs-bilfabrik/ | language=sv | access-date=9 May 2023 | archive-date=9 May 2023 | archive-url=https://web.archive.org/web/20230509092443/https://www.mestmotor.se/automotorsport/artiklar/nyheter/20030225/brand-totalforstorde-koenigseggs-bilfabrik/ | url-status=live }}</ref> Koenigsegg then acquired an abandoned air field to use as his new factory building and in late 2003, one of the two large fighter-jet hangars and an office building were converted into a car factory. Since then, the company is located near the still-active Ängelholm airport. Koenigsegg controls and uses the former military runway for shakedown runs of production cars and high-speed testing.<ref name="Okulski 2014">{{cite web | last=Okulski | first=Travis | title=Take A Tour Of The Hangar Where Koenigsegg Builds Amazing Cars | website=Jalopnik | date=13 March 2014 | url=https://jalopnik.com/take-a-tour-of-the-hangar-where-koenigsegg-builds-amazi-1540667584 | access-date=9 May 2023 | archive-date=9 May 2023 | archive-url=https://web.archive.org/web/20230509092442/https://jalopnik.com/take-a-tour-of-the-hangar-where-koenigsegg-builds-amazi-1540667584 | url-status=live }}</ref> In July 2023 Koenigsegg opened a newly built factory, close to the old factory building in Ängeholm, doubling the production capacity.<ref>{{cite news |url=https://teknikensvarld.expressen.se/nyheter/bilbranschen/i-dag-oppnar-koenigsegg-sin-nya-fabrik/ |title=I dag öppnar Koenigsegg sin nya fabrik |trans-title=Today Koenigsegg opens its new factory |first=Sanne |last=Hansen |work=Teknikens Värld |location=Sweden |language=Swedish |date=7 July 2023 |access-date=7 April 2024}}</ref> ===Prototypes and production=== [[File:Koenigsegg side.jpg|thumb|The Koenigsegg CC prototype which became the basis for future models of the company]] The initial design of the [[Koenigsegg CC|CC]] was penned down by Christian von Koenigsegg. Industrial designer David Crafoord realised the sketches as a 1:5 scale model. This model was later scaled up in order to create the base plug for the initial Koenigsegg prototype that was finished in 1996. During the next years, the prototype went through extensive testing and several new prototypes were built. The prototypes initially used an Audi V8 engine but after the engine supply contract fell through, the next candidate was the [[Flat-12 engine|Flat-12]] race engine developed by [[Motori Moderni]] for the [[Scuderia Coloni#Coloni-Subaru (1990)|Scuderia Coloni]] Formula one team, in which this engine was raced under the Subaru badge in the [[1990 Formula One World Championship|1990 season]]. These [[Subaru 1235]] engines were purchased and modified for use in the CC; this deal failed when the founder of Motori Moderni died, sending the company into bankruptcy.<ref>{{Citation|last=DRIVETRIBE|title=How Koenigsegg nearly used a Subaru F1 engine in its supercars|date=26 June 2019|url=https://www.youtube.com/watch?v=tM_-u209ybs| archive-url=https://ghostarchive.org/varchive/youtube/20211211/tM_-u209ybs| archive-date=11 December 2021 | url-status=live|access-date=27 June 2019}}{{cbignore}}</ref><ref>{{cite web |title=AMA1 With CvK – Early Years and Process |url=https://www.koenigsegg.com/ama1-with-cvk-early-years-and-process/ |website=Koenigsegg |access-date=1 July 2019 |date=10 August 2015 |archive-date=10 August 2020 |archive-url=https://web.archive.org/web/20200810192822/https://www.koenigsegg.com/ama1-with-cvk-early-years-and-process/ |url-status=dead }}</ref> Koenigsegg developed its own engine based on the Ford Modular architecture in 2012. It later developed its own engines from scratch, including control systems and transmissions, which is very unusual for a small size sports car producer.<ref name="RNTrack">{{cite news |last1=Tatarevic |first1=Bozi |title=How Koenigsegg Made a Better Ford V-8 |url=https://www.roadandtrack.com/car-culture/a26339473/koenigsegg-ford-v-8/ |access-date=4 May 2022 |publisher=Road and Track |date=14 February 2019 |archive-date=31 August 2022 |archive-url=https://web.archive.org/web/20220831022814/https://www.roadandtrack.com/car-culture/a26339473/koenigsegg-ford-v-8/ |url-status=live }}</ref> === Badge === The Koenigsegg badge was designed in 1994 by Jacob Låftman, based on the heraldic [[coat of arms]] of the von Koenigsegg family. The shield has been the family's coat of arms since the 12th century when a family member was knighted by the [[Holy Roman Empire]].<ref name="Logos-world 2021">{{cite web | title=Koenigsegg Logo, symbol, meaning, history, PNG, brand | website=Logos-world | date=7 October 2021 | url=https://logos-world.net/koenigsegg-logo/ | access-date=9 May 2023 | archive-date=9 May 2023 | archive-url=https://web.archive.org/web/20230509092753/https://logos-world.net/koenigsegg-logo/ | url-status=live }}</ref> === Ghost Badge === After moving into the abandoned airfield, which once housed a [[Swedish Air Force]] squadron, Koenigsegg adopted the "ghost symbol" that the squadron had on its planes as a tribute. The badge is seen on models built in the factory that was converted from its hangar.<ref name="Okulski 2014"/> ===Attempted purchase of Saab=== On 12 June 2009, the media reported that Koenigsegg Group, consisting of Koenigsegg Automotive AB, Christian von Koenigsegg, Bård Eker and a group of investors led by Mark Bishop had signed a [[letter of intent]] with [[Saab Automobile|Saab]] to take over the brand from [[General Motors]]. General Motors confirmed on 16 June that they had chosen Koenigsegg Group as the buyer of Saab Automobile.<ref name="Forbes2">{{cite news |url=https://www.forbes.com/2009/06/16/saab-koenigsegg-update-markets-equity-autos.html |title=Koenigsegg Offers Saab Salvation |work=Forbes.com |date=16 June 2009 |access-date=16 June 2009 |first=Vidya |last=Ram |archive-date=16 September 2017 |archive-url=https://web.archive.org/web/20170916183807/https://www.forbes.com/2009/06/16/saab-koenigsegg-update-markets-equity-autos.html |url-status=live }}</ref> The deal, set to close 30 September 2009, included {{USD|600 million}} in financing from the [[European Investment Bank]], guaranteed by the Swedish government. By comparison, in 2008 Koenigsegg with its staff of 45 produced 18 cars at an average price of {{USD|1 million each}}; Saab employed 3,400 workers and made more than 93,000 cars.<ref name="DieWelt1">{{cite news |url=https://www.welt.de/international/article3940190/General-Motors-sells-Saab-to-Koenigsegg.html |title=Sweden: General Motors Sells Saab to Koenigsegg |first1=Veronica |last1=Ek |first2=Sven |last2=Nordenstam |newspaper=Die Welt |date=17 June 2009 |access-date=27 February 2014 |archive-date=19 November 2010 |archive-url=https://web.archive.org/web/20101119063755/http://www.welt.de//international//article3940190//General-Motors-sells-Saab-to-Koenigsegg.html |url-status=live }}</ref> General Motors announced on 18 August that the deal had been signed, although certain financing details remained to be completed. On 9 September 2009, Koenigsegg announced that [[BAIC]] was going to join as a minority stakeholder in Koenigsegg.<ref name="CisionWire1">{{cite press release |url=http://news.cision.com/koenigsegg-group-ab/r/koenigsegg-group-ab-signs-mou-with-beijing-automotive-industry-holdings-co--ltd--baic--regarding-saab-automobile-ab,c445878 |title=Koenigsegg Group AB signs MOU with Beijing Automotive Industry Holdings Co. Ltd (BAIC) regarding SAAB Automobile AB – Koenigsegg Group AB |via=Cision Wire |date=9 September 2009 |access-date=27 October 2016 |archive-date=27 October 2016 |archive-url=https://web.archive.org/web/20161027124949/http://news.cision.com/koenigsegg-group-ab/r/koenigsegg-group-ab-signs-mou-with-beijing-automotive-industry-holdings-co--ltd--baic--regarding-saab-automobile-ab,c445878 |url-status=live }}</ref> In November 2009, Koenigsegg decided not to finalise the purchase of Saab and therefore left the negotiations. Koenigsegg stated that its decision was due to the uncertain timing of finalisation of the takeover.<ref name="SanDiegoUnionTribune1">{{citation|url=https://www.sandiegouniontribune.com/sdut-saab-future-unclear-as-sale-to-swedish-firm-fails-2009nov24-story.html|title=Saab future unclear as sale to Swedish firm fails|access-date=25 July 2022|publisher=Associated Press|first1=Tom|last1=Krisher|first2=Dee-Ann|last2=Durbin|work=Yahoo News|date=24 November 2009|archive-date=25 July 2022 |archive-url=https://web.archive.org/web/20220725195252/https://www.sandiegouniontribune.com/sdut-saab-future-unclear-as-sale-to-swedish-firm-fails-2009nov24-story.html|url-status=live}}</ref>
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