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
Hyundai unveils next−gen highly efficient hybrid system
The next-gen hybrid system is claimed to offer 45% better fuel efficiency and 19% more power compared with ICE powertrai...
Horse Powertrain reveals hybrid conversion for electric cars
Engine-making joint venture of Geely and the Renault Group announces new hybrid powertrain that fits into the same space...
Aisin to produce hybrid motor for Mitsubishi in Thailand
The hybrid drive motor and gearbox, will be produced at Aisin Powertrain (Thailand) Co for use in the Mitsubishi XForce ...