In 1935, Lagonda had its back against the wall. With all of the press and prestige that came with the M45's surprise victory at the LeMans 24 hour race, not enough buyers were stepping up and the firm was facing receivership. Management had brought in 29 year old Alan P. Good, a financial wizard who amassed enough investors to save the firm. Good, along with recent arrival W.O. Bentley were motivated to build the finest cars in the world. The Lagonda V12 was a marvel of technical sophistication - powerful and turbine smooth, yet also notoriously complex and expensive. It is said that even an experienced Lagonda engineer required a full 18 hours to dismantle the V12, and that's with all the special tools at hand. Alongside the new V12, Lagonda continued to refine their Meadows-supplied 4.5 liter inline six that had been in service since 1933, powering the M45 and LG45 as well Invicta's 4.5 and others.