Paris Show: New Lotus Esprit Flagship with 620HP Lexus V8 in the Flesh and on Video

[Updated gallery] Lotus pounced on Paris like a rabid hyena, debuting no less than 6 all-new models. With the new Esprit, a car everyone has been waiting for, Lotus answered some important questions regarding its future mid-engined 2-seat monster. Scroll on down for video, pics, and all the basic info necessary to make a very important decision: to buy an Esprit or not to buy an Esprit?

Using the same supercharged 620-horsepower 5.0-liter Lexus V8 found in the Elite GT we recently showed you, and coming in at 1,450 kg, the Esprit is going to be a bit on the fast side (even in optional hybrid form).

If you're interested in picking up the new Lotus performance flagship, the price of entry will start at a cool £110,000 (about US$175,00 at today's exchange rates) come spring 2013.

Lotus CEO Danny Bahar says, "One has to be very careful when taking on the challenge of reinventing such an iconic classic as the Esprit – everyone has an opinion. There's a fine balance between acknowledging the greatness of the past whilst at the same time rapidly leaping forward to the future and ensuring that this car not only does the name Esprit justice but also the Lotus brand. I think we've managed to find the balance and in doing so created a new icon, a car people will find hard to resist."

By Phil Alex