 Qvale agreed to fund the development of the car, with the agreement that the final product would be sold under the De Tomaso brand, as the De Tomaso Mangusta.The agreement between De Tomaso and Qvale was soured over licensing and distribution issues.Bruce Qvale, who was managing Qvale at the time decided to produce the car under the Qvale name after an investment of over US$30 million on the development of the car.