COSWORTH ACQUIRES PERFORMANCE EV FIRM

Performance engineering firm Cosworth is to acquire Delta Motorsport, a Silverstone-based firm that develops battery and vehicle dynamics control systems. Terms of the deal have not been disclosed.

Firms have previously worked on joint projects

A relationship between the two companies was long established. Prior to the acquisition, Cosworth had been working with Delta on a number of projects, most recently on development of a new hybrid solution for the British Touring Car Championship, set to debut in 2022.

READ: NEW ACQUISITION FOR ALLIANCE AUTOMOTIVE

Managing Director of Delta, Simon Dowson said: “Nick [Carpenter, Co-Founder] and I wanted to find a company who could help take the business to the next level. During this process we had already started working with Cosworth and found the culture, mindset and complementary skillset a perfect match. The Cosworth brand is synonymous with high quality performance products and I am really excited to be part of the group and to continue the growth of Delta.”

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Published by Greg Whitaker

Editor of CAT Magazine and an experienced motoring journalist @GregWhitaker5

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