A couple of lines regarding this design were published (together with the drawing above) on whatifmodelers forum in 2008:
Granville and crew worked on the design in 1933 and it was intended for the 1934 Indianapolis 500, 'twas not to be as 3-wheelers did not fit the definition of car used by the Speedway.
Morgan had already made some tricycles with much success but did not have a cowling as flashy.
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