The Betsy

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The Betsy is a 1978 American romantic drama film directed by Daniel Petrie, from a screenplay by William Bast and Walter Bernstein, based on the 1971 novel of the same title by Harold Robbins. It stars Laurence Olivier as a retired auto tycoon, with Robert Duvall, Katharine Ross, Tommy Lee Jones, and Jane Alexander in supporting roles. The film was theatrically released in the United States on February 9, 1978, by Allied Artists and United Artists. Robbins considered The Betsy the best movie adaptation of any of his works. The film was one of the last financed by Allied Artists. A Detroit automotive conglomerate has fallen on tough times, particularly as an automobile manufacturer. While the aging Loren Hardeman Sr. remains the titular head of the company, his grandson Loren Hardeman III runs the company as President. Under his guidance the business has diversified, but while III sees the automobile division as having dwindling value, Hardeman Sr still desires to see the company reinvigorate itself (and vicariously, himself). Hardeman Sr. decides that the company needs to invest in a new model of car, a ground-breaking fuel-efficient car named for his great-granddaughter; "Betsy". To achieve this goal he engages Angelo Perino, a racing driver, to design and bring the car to fruition.