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Porsche AG Boosts Stake in Germany's Manthey Racing

MT Newswires·10/08/2026 04:33:40
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04:33 AM EDT, 10/08/2026 (MT Newswires) -- Porsche AG (P911.F) raised its stake in German auto racing team and tuning company Manthey Racing to 67%, according to a Thursday release. The move aims to expand the luxury sports car maker's joint offering with Manthey Racing, with a first preview of future joint projects set to be presented on Friday. The deal forms part of Porsche AG's Sportwagenschmiede '35 strategy and its newly created Home of Sports Cars umbrella term of business activities.