Source: Formtech
Formtech GmbH, the German tool design and construction company manufacturing high-precision parts for the automotive and Formula One industry, has purchased the fixed assets on sale from the liquidators of Super Aguri F1 Ltd.
Formtech plans to expand into the composite manufacturer and supplier market, and will use the dormant F1 facilities at the Leafield Technical Centre, Oxfordshire, to open its first UK operation.
Formtech is convinced that with the company being located in the heart of 'motorsport valley' Formtech will be able to forge business relationships within all areas of motorsport, including the provision of composite parts to Formula One teams.
Formtech GmbH, the German tool design and construction company manufacturing high-precision parts for the automotive and Formula One industry, has purchased the fixed assets on sale from the liquidators of Super Aguri F1 Ltd.
Formtech plans to expand into the composite manufacturer and supplier market, and will use the dormant F1 facilities at the Leafield Technical Centre, Oxfordshire, to open its first UK operation.
Formtech is convinced that with the company being located in the heart of 'motorsport valley' Formtech will be able to forge business relationships within all areas of motorsport, including the provision of composite parts to Formula One teams.