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AIX Racing: AIX Investment Group announces 100% acquisition of F2, F3 motorsport teams

As part of a new chapter, AIX Investment Group has announced a 100% acquisition of FIA Formula 2 and Formula 3 teams

by Gulf Business

May 13, 2024

Credit: AIX Racing

AIX Investment Group has announced a 100 per cent acquisition of the PHM AIX Formula 2 and Formula 3 teams.

Under the stewardship of AIX Investment Group, the team will be rebranded as AIX Racing.

AIX Investment Group says that this move aligns with its unwavering commitment to innovation, performance, and global impact.

“This strategic move not only signifies a change in ownership but also represents a renewed dedication to setting new standards of achievement on the track and beyond,” said Morne Reinecke, CEO of We Are The Future at AIX Investment Group and Team Owner of AIX Racing.

“The vision for AIX Racing transcends mere ownership, embodying a commitment to excellence, innovation, and success,” Reinecke added.

“As AIX Racing embarks on this new chapter, they invite fans, partners, and stakeholders to join them on their journey toward excellence, shaping the future of racing where passion, determination, and the relentless pursuit of greatness converge,” Reineke noted.

Top team

Established by Paul Müller in late 2021, the AIX Racing Team quickly made its mark in 2022 by competing in three Formula 4 Championships. A breakthrough came when Taylor Barnard secured the team’s inaugural victory in F4UAE, signalling the beginning of a successful season with multiple wins and a runner-up spot in the ADAC F4 team standings.

In 2023, PHM Racing ventured into new territories, achieving notable success in FRMEC and Formula Regional Championships, including a historic 1, 2, 3 result in Dubai.

“We are driven by a relentless pursuit of success and excellence,” declares the Sporting Director of AIX Racing, Roland Rehfeld.

“Our goals extend beyond podium finishes; we aspire to cultivate a legacy of greatness, success in motorsport, where every victory serves as a testament to proves our dedication, perseverance, and unwavering pursuit of excellence, whilst we are taking the next generation of Top Talents in Motorsport on our Journey.”

Central to AIX Racing’s mission is the provision of exceptional resources and support to its drivers. From state-of-the-art training facilities to access to top-tier engineering expertise, every effort will be made to equip the team with the tools they need to excel on the track.

“As drivers, our aspirations are mirrored by the unwavering support of AIX Racing,” says Taylor Barnard, AIX Racing driver for the F2 Team.

“With their backing, we are empowered to push the limits of our potential, strive for perfection, and ultimately, leave our mark on the track.”

AIX Racing further falls under AIX Investment Group’s ‘We Are The Future‘ initiative. This initiative is aimed at being a catalyst for positive change, bridging what AIX calls the gap between innovation and impact through strategic investments and philanthropic investments.

Meanwhile, AIX Investment Group is known globally for its ability to deliver investments with high returns for clients. With multiple offices across the globe, they can reach clients worldwide. They lead with a focus on helping investors make impactful investments and generate a positive impact with their capital for the greater good.

AIX Investment Group is one of the top advisors and investment providers globally. With a dynamic team of superior professionals, they provide cutting-edge investment products and services. With world-class security, AIX offers investment options for institutions and individuals far surpassing industry standards.

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