After the farewell of the owner Lord Alexander Fermor-Hesketh, the F.1 cars were sold to Walter Wolf but it was the team manager Anthony "Bubbles" Horsley, who for a few seasons continued to run the team with limited means and drivers paying. The 308E was designed by Frank Dernie with an eye on budget and conventional shapes. The engine was the classic Ford Cosworth V8. The 308E participated in the F.1 world championship in 1977 and 1978 with poor results, driven by Ian Ashley, Eddie Cheever, Derek Daly, Harald Ertl, Divina Galica, Rupert Keegan and Hector Rebaque.
In 1977, the official Hesketh team entrusted the 308E for a few GPs to the Englishman Ian Ashley, who did not qualify in Austria, Holland, Italy and Canada. The only race for which he managed to qualify was the GP USA East, at Watkins Glen, where Ashley set the 22nd time in practice, finishing in 17th place, very late also due to a pit stop due to a suspension problem.
In the history of static modeling, Spark has truly revolutionized the market. The brand was created by Hugues Ripert, whose father André had been one of the main contenders of the artisanal modeling scene in the 70s and 80s. After working for Vitesse, Quartzo and Ixo, Ripert jr did not choose the diecast technique but opted for resin, with production in China but development and conception strictly in the European tradition. In practice the idea was to offer special models built in small series (what were later called "resincast"). The first Sparks were released in 2000, with a quality-price ratio unapproachable for most industrial and artisanal producers. Today Spark continues to churn out dozens of new products a year, having also expanded its production to other scales, such as 1:18 but also 1:64. There are numerous numbered and limited series for the various national distributors and for private customers such as teams, sponsors, drivers and so on.