Porsche AG increases its stake in Manthey Racing GmbH
A few days before the DTM finale at the Hockenheimring, Porsche AG announced that it was increasing its stake in Manthey Racing GmbH to 67 per cent.
This article is an automatically generated English version. The
Dr. Ing. h.c. F. Porsche AG has increased its stake in Manthey Racing GmbH to 67 per cent. This will further strengthen the successful collaboration between the two companies, and the joint offering is set to be expanded further – from performance kits and exclusive track experiences to complete vehicle concepts in the few-off segment.
As part of its new ‘Sportwagenschmiede’35 strategy, Porsche is consolidating its activities under the umbrella term ‘Home of Sports Cars’ in the three areas of Performance (including Manthey), Exclusiveness (customised orders and Exclusive Manufaktur) and Heritage.
The new ownership structure of Manthey Racing GmbH is as follows: Porsche holds 67 per cent of the shares, whilst the two Manthey managing directors, Nicolas Raeder and Martin Raeder, jointly hold 33 per cent. Olaf Manthey, meanwhile, is extending his retirement and will continue to support the company in an advisory capacity.
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