No, this tale does not come from the Topographic Ocean, but rather the UK. A consortium headed by British sports car guy Al Melling and Yes keyman Rick Wakeman is reportedly looking to buy TVR from Little Nicky Smolenski. The group plans to keep production in Blackpool and use the facility to build some of Melling's cars as well. And beyond that, they're looking to bring TVR back to America.
TVR cars may be on verge of sale [Preston Today Business]
Related:
TVR in the Terlet? [Internal]