Porsche AG announced that it has increased its stake in Manthey Racing from 51% to 67%. The company aims to enhance its high-performance business area through collaboration with Manthey, focusing on improving production car performance, limited-edition models, and track driving experiences.
Manthey Racing, founded by Olaf Manthey in 1996, is a German motorsports team and Porsche's GT racing partner. Since 2020, Porsche and Manthey have jointly developed nine Manthey kits, including those for the 911, 718, and the latest Taycan Turbo GT with the Bytech package.
With this stake increase, Porsche plans to integrate its business areas, including 'Performance,' 'Exclusiveness' encompassing Sonderwunsch and Exclusive Manufaktur, and 'Heritage,' into a 'Home of Sports Cars.' The company also intends to expand its personalized products and services at the pinnacle of these three areas.
Michael Leiters, Chairman of the Board of Porsche AG, stated, "We plan to expand our joint products and services through close collaboration with Manthey, which has achieved outstanding results in customer racing. We are considering limited production models, performance kits, and exclusive racetrack experiences."
* This article has been translated by AI.
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