Peak Motorsport Group

From Formula Rejects Wiki
Revision as of 22:56, 5 November 2017 by V8fan12 (talk | contribs) (→‎Operations)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

This article is about the group. For the team, see Peak Motorsport.

PMG logo

The Peak Motorsport Group (or PMG) is an international motorsport consortium headquartered in Auckland, New Zealand; though it also has divisions in other countries, most notably Canada. They are the owners of ARWS team Peak Aeroracing Engineering.

History

The Peak Motorsport Group was formed in 2017 when Edward Summers' Peak Motorsport Canada merged with the New Zealand-based High Performance Group. HPG had been formed at the beginning of 2016 by Raymond Douglas (head of the Douglas Media Group), Dominic Spearman (CEO of Spearman Industries) and Craig Harris (founder & CEO of Harris Finance). They ran a number of teams in various series during 2016, most notably High Performance Racing in F1RSTC and RRC and Harris Finance Racing in Lupo GTI.

As part of the merger, Ziegler Holdings and the Clark Corporation purchased the shareholdings held by Douglas and Spearman.

Ownership

The current ownership structure is as follows:

Organisation
owner(s)
Peak Motorsport Canada (2006-2017)
Summers Incorporated (100%) 		High Performance Group (2016-2017)
Harris Family Trust/Harris Finance (50%)
Douglas Media Group (25%)
Spearman Industries (25%)
Peak Motorsport Group (2017-)
Summers Incorporated (50%)
Harris Family Trust (25%)
Ziegler Holdings AG (12.5%)
Clark Corporation Ltd. (12.5%)

Operations

The headquarters of PMG is in Auckland, New Zealand along with their main workshop. Other workshops are located in Coventry (Peak Aeroracing Engineering), Vancouver (Peak Motorsport Canada), Berlin (Ziegler Auto Racing) and Grenoble (Mont Blanc Racing).

The group currently run three racing teams - Peak Aeroracing Engineering in open-wheel series, Peak Motorsport Canada in lower-level formulae, the Mont Blanc Racing endurance racing squad, and the Ziegler Auto Racing touring car operation. They also formerly ran the now defunct Everest Rally Team out of the Auckland workshop.

Driver management

The following is the roster of drivers managed by Peak Driver Talent, the driver management arm of PMG:

Retrieved from "http://formularejects.com/w/index.php?title=Peak_Motorsport_Group&oldid=42415"