"Development on the first speedster began in 2000 for an airplane named CEA-308. Unfortunately, the project was halted when the Rotax engine failed and the airplane suffered damage. But in 2007, the project was revived.
Modifications were made, and a Jabiru 2200 engine was installed. The stock engine was not new, and it was later discovered that one cylinder was leaking."
This was all a bit unfortunate!