Leveraging its multiple world-championship winning expertise, Ricardo will deliver its largest ever motorsport transmission program for one of the world’s largest, most prestigious and longest-standing single make racing series.
FOR IMMEDIATE RELEASE
Contact: VMA Communications – Raymond Mendoza (909) 374-1534
LEAMINGTON SPA, UK. (2/24/2021) – As the trusted engineering partner for world-championship winning and world-record breaking motorsport teams for more than 40 years, Ricardo Performance Products has announced it has been selected by a major European OEM to manufacture and supply transaxles for one of the world’s most popular customer single-make race series.
The multi-million-dollar contract will see Ricardo supporting the entire transmission requirement – including spares – during the five-year program, for the race series which is presented in numerous international markets in which the premium sports car manufacturer is active. All cars are based on the current road going model, factory-built to a racing specification and standard.
“This is one of the world’s most admired single-make race series, and Ricardo’s largest ever motorsport transmission program,” said Martin Starkey, Ricardo Performance Products Managing Director. “I am extremely pleased therefore that Ricardo has been awarded the contract to supply the 6-speed motorsport transaxle for the next generation of cars.”
“This contract builds upon the very successful delivery by Ricardo to numerous OEMs over the recent years and we look forward to working with the customer in the years ahead to deliver the new transaxle, which will provide the basis of exciting and competitive motorsport for the company’s customers around the world,” Starkey said.
Ricardo will manufacture, assemble and supply the entire international requirement of 6-speed competition transaxles from the Performance Products facility at the Ricardo Midlands Technical Centre in Leamington Spa. Ricardo’s motorsport team will also be responsible for the management of the supply chain, including the selection of long-term partners providing specialist outsourced processes.
Ricardo will also assume responsibility as the sole source supplier of all spares for the transaxle for the duration of the program.
Ricardo plc, based in the United Kingdom and founded in 1915, is a global, multi-industry consultancy for engineering, technology, project innovation and strategy that is focused on providing quality engineering solutions on high efficiency, low emission, class-leading product innovation and robust strategic implementation. Ricardo North America, based in Detroit, is the U.S. subsidiary of Ricardo plc since the 1990s. The collective client list includes some of the world’s major transportation original equipment manufacturers, supply chain organizations, energy companies, financial institutions and governments. For more information, visit www.ricardo.com and https://ricardo-northamerica.com/.