Mercedes to reorganise motorsport division
Mercedes‑AMG GmbH plans to acquire part of its long-standing partner HWA AG. Both companies have signed a letter of intent to this effect
Mercedes‑AMG is reorganising its motorsport division to meet future requirements and plans, and has founded a new subsidiary Affalterbach Racing GmbH.
In the future, the company will be responsible for all conceptual and technical customer sports activities of AMG, including the development of the new Mercedes‑AMG GT3.
In addition, Mercedes‑AMG GmbH plans to acquire part of its long-standing partner HWA AG. Both companies have signed a letter of intent to this effect. With this reorganisation, AMG is reaffirming its commitment to GT Sport.
Like AMG, Affalterbach Racing GmbH will have its headquarters in Affalterbach and is to work closely with the Mercedes‑AMG Motorsport team, which will continue to be responsible for the overall coordination of international motorsport activities.
RELATED ARTICLES
Bosch to reveal ABSi at EICMA 2024
This new Bosch system is an ABS with integrated inertial measurement unit. Combining these two products reduces complexi...
Hyundai unveils bold Initium hydrogen fuel cell SUV concept
The Intium concept, which is the first look at the next-generation Hyundai Nexo, has a single electric motor which puts ...
Schaeffler to debut hybrid scooter concept at EICMA on November 5
Schaeffler to reveal hybrid scooter concept it has developed in partnership with scooter maker Kymco. While Kymco has pr...