on Porsche AG (isin : DE000PAG9113)
Porsche AG Expands Stake in Manthey Racing to 67%
Porsche AG has increased its stake in Manthey Racing GmbH to 67% as part of its “Sportwagenschmiede '35” strategy. This move aims to enhance its high-performance vehicle offerings under the “Home of Sports Cars” initiative. Manthey, a longstanding Porsche partner, has roots in motorsport and boasts a loyal customer base, with several major racing victories.
CEO Dr. Michael Leiters emphasizes deepening Porsche's collaboration with Manthey. The focus will be on developing special vehicle models, performance kits, and exclusive racetrack experiences. Manthey itself celebrates 30 years in GT racing, showcasing performance products and experiences developed with Porsche.
The strengthened partnership is seen as a step to utilize synergies between motorsport and production vehicles, aligning with Porsche's long-term strategy. Manthey will soon preview two special models for its 30th anniversary during the DTM finale.
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