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
26 Jul 2024 | 1427 Views | By Autocar Pro News Desk
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.
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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.