Porsche takes majority stake in Manthey Racing

Porsche has taken a majority stake in Manthey Racing: Olaf Manthey’s Nürburgring-based racing team and motorsport organisation. It’s the latest step in Olaf’s move towards a retirement of sorts (hard to imagine Olaf ever entirely retiring, as he is still “working flat out in my own rev limiter”). Here’s Olaf with his works driver pairing of Marco Holzer and Nick Tandy:

Nick Tandy Porsche Cup 2012 Manthey 4

Following Manthey’s initial merger with Audi racers, Nicki and Martin Raeder last year, Porsche AG has acquired a 51% share of Manthey-Racing GmbH: the organisation which has supported Porsche factory race efforts for a number of years, and counts five Nürburgring 24-Hour victories, two Le Mans wins and an amazing eight Supercup titles amongst its silverware.

Through 2013, Porsche AG Team Manthey together mounted the first works Porsche endurance campaign for over twenty years. 2014 will be a big year for Porsche and no doubt a shorter team name will please the marketing department.

Ferdinand magazine porsche pictures nurburgring 24 manthey 4

But beyond business, Porsche’s involvement with Olaf Manthey is quite a personal one. Following the loss of Olaf’s son in a tragic road accident in 2007, Manthey and Porsche Motorsport boss, Hartmut Kristen, agreed that Porsche would become the ultimate inheritor of Olaf’s incredible competition portfolio, earned since the team was formed in 1996.

“Porsche’s commitment and dedication represents the best possible incentive to our employees,” Olaf is quoted as saying. “Not only can we pool our knowledge and expertise, but with Porsche at our side we can look forward to the future with great confidence”.

The Manthey name has a special place in the hearts of Porsche enthusiasts. Let’s hope it continues to be part of the landscape.

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