HWA AG PUBLISHES 2017 HALF-YEAR REPORT
Sep 29, 2017
Contact:
Investor Relations / Press
HWA AG
Volker Glaser
Benzstraße 8
71563 Affalterbach
Germany
Phone: +49 (0) 7144 8717-279
Fax: +49 (0) 7144 8718-111
E-mail: ir@hwaag.com
Company Profile of HWA AG
Outstanding performance and an uncompromising will to win – this is the philosophy of HWA AG. For almost five decades, the team has been active in international motorsport and is regarded as one of the most successful organizations in the industry. As a highly sought-after development partner, HWA AG combines its expertise to achieve further success on racetracks around the world.
HWA AG has existed in its current form since 1998. Hans Werner Aufrecht founded AMG, the performance specialist for the Mercedes-Benz brand, in 1967. At the end of 1998, Aufrecht sold the original AMG Motorenbau- und Entwicklungsgesellschaft mbH to Daimler AG. As part of this transaction, the motorsport activities, today’s Mercedes-AMG DTM Team, and parts of the Vehicles/Vehicle Components division were separated and transferred to HWA AG. At the end of 2006, the company was converted from a limited liability company into a stock corporation, and HWA AG was listed on the stock exchange in April 2007.
Today, HWA AG is responsible for the DTM touring car championship activities within the Motorsport segment. Acting as a full-service provider on behalf of Mercedes-Benz Motorsport, HWA AG manages all aspects of the program, including the development and construction of Mercedes-Benz DTM race cars as well as operation of the racing team.
The Vehicles/Vehicle Components division focuses on the development and production of vehicles and components for premium automotive manufacturers. For example, the GT3 racing version of the Mercedes-Benz SLS AMG was developed and produced by HWA AG in close cooperation with Mercedes-AMG. Its successor project, the Mercedes-AMG GT3, has been delivered to customer teams around the world since December 2015.
HWA AG also possesses extensive expertise in the development, production and support of Formula 3 racing engines.