CHEVRON MAROUE CHANGES HANDS

Malkies sell up to WDK Mo­tor­sports

Motor Sport News - - Historics - By Paul Lawrence

The Chevron rac­ing car brand has a new owner af­ter it was sold from Vin and He­len Malkie to WDK Mo­tor­sports Lim­ited.

The trad­ing business and in­tel­lec­tual prop­erty in the brand of Chevron rac­ing cars has been sold to the Hamp­shire­based team, headed by Ian Cox.

In ad­di­tion, it has been an­nounced that WDK was ac­quired last year by VV Capital LLP, the in­vest­ment ve­hi­cle of Ni­cola Foul­ston.

Cox said: “We have been work­ing on this deal with Vin and He­len Malkie for a while. We are all de­lighted to be able to an­nounce this ex­cit­ing news. One of the first race cars I ever worked on was a Chevron B8. So when the time came for Vin and He­len to find new own­ers, this was a nat­u­ral fit with WDK. We have a fan­tas­tic fab­ri­ca­tion depart­ment, who are hugely ex­cited to be man­u­fac­tur­ing cars and parts for Chevron.”

WDK has an es­tab­lished rep­u­ta­tion for restora­tion and race car prepa­ra­tion and re­cently won back-to-back Masters FIA Historic For­mula One Cham­pi­onship ti­tles.

“This new ex­pan­sion of our business will en­able us to di­ver­sify and means we can now of­fer our full race sup­port pack­age to both new and for­mer Chevron cus­tomers as well as con­tin­u­ing to grow with our ex­ist­ing cus­tomers,” said Cox. Projects will in­clude B8 and B16 FIA con­tin­u­a­tion cars.

Ni­cola Foul­ston said: “I have con­sid­er­able con­fi­dence in Ian and his team at WDK to now take the Chevron brand to new heights of success.”

They fit­ted a Ford en­gine WDK will now build and ser­vice Chevrons

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.