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Announced

The Equity Club to acquire Tatuus Racing from Wise Equity.

Synopsis

The Equity Club, an investment company, agreed to acquire Tatuus Racing, an Italian chassis manufacturer for a series of formula racing series, from Wise Equity, a private equity company. Financial terms were not disclosed. “There are milestones that mark the path of people and companies. Today’s is certainly one of them. I want to thank Wise for being our companion in this part of the journey: it has been six years marked by steady growth, under every aspect. Today Gianfranco De Bellis and I would like to welcome Roberto Ferraresi and all TEC’s investors, with whom we are confident that we can open another chapter in the Group’s history that will lead to important accomplishments,” Giovanni Delfino, Tatuus CEO.

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