Partner Article

Express in Formula 1 fast lane

Express Engineering’s Brazilian subsidiary, Petrotec Components, will make an appearance on the grid at the final Formula One™ race of the season at Interlago in Sao Paulo this weekend.

For the logo of the fast expanding venture will be on the noses of the Marussia F1 Team MR02 race cars as they line up on the grid at the Autodrome Jose Carlos Pace.

The opportunity has been engineered by Express’ new private equity investor LDC – previously a founding investor of the UK based Marussia F1 Team - for which British driver Max Chilton and French team mate Jules Bianchi have delivered some encouraging performances this season.

Nigel Davison, Managing Director with Express Engineering, said: “The appearance of our name on a global stage such as a Formula One™ race is a momentous occasion for us. It shows just how quickly things have developed for a business which only launched four years ago.

“We would like to thank LDC and the Marussia F1 team for their assistance in making it happen and we look forward to seeing them perform well in this season finale. We’ll be watching with bated breath to see where they will finish this weekend.”

John Garner, Director and Head of Yorkshire and the North East at LDC, added: “We are extremely pleased to see the Petrotec brand on the Marussia F1 team car and believe this will have a positive effect upon the profile of the business.”

Petrotec was established in a £2 million 50:50 joint venture with Sao Paulo based Brastec in 2009. It is now 100% owned by Express.

This was posted in Bdaily's Members' News section by Paul Dobbie .