Mahindra Racing ties up with Pininfarina, Tech Mahindra

Image
Press Trust of India New Delhi
Last Updated : Jan 24 2018 | 1:20 PM IST
Mahindra Racing today said it has entered into a strategic partnership with Pininfarina and Tech Mahindra under which it will get access to the Italian design firm's expertise and Indian tech major's digital technology.
Besides, Pininfarina will also become a sponsor of the Mahindra Racing Formula E team, Mahindra Racing said in a statement.
Mahindra Racing is a part of the Mahindra group and it competes in the FIA Formula E Championship.
"This (partnership) enables the team to leverage Pininfarina's legendary design and technology expertise to enhance the performance of its M5Electro race car, currently under development for Season 5 of the Formula E Championship which begins in December 2018," it said.
Mahindra Group President (Group Communications & Ethics) & Chief Brand Officer Ruzbeh Irani said: "Combining their design, technology and digital skills will significantly augment Mahindra Racing's existing capabilities and raise the bar as far as our performance is concerned."
This strategic partnership is also "aligned to Mahindra's vision of FUTURise, a creative expression of how we are driving growth through world class innovation in all our businesses", he added.
The partnership will also focus on other areas of design and technology, including Computational Fluid Dynamics (CFD).
It will also help Mahindra with its 'Race to Road' strategy that involves the application of learnings from the race track into the development of new electric road vehicles, in due course, the statement said.
Moreover, Mahindra Racing will also have access to Pininfarina's testing facilities in Italy which will help the team enhance the aerodynamic efficiency of its race car, it said.
"This partnership enhances Pininfarina's passion for racing and exceptional, environmentally responsible automotive performance," Pininfarina CEO Silvio Pietro Angori said.
Tech Mahindra Chief Strategy & Marketing Officer Jagdish Mitra said that by combining Pininfarina's design with Tech Mahindra's digital expertise "we are demonstrating how the products of the future will need to be adapted for a convergent world".
In 2015, Mahindra & Mahindra Ltd and group firm Tech Mahindra Ltd had acquired 76.06 per cent stake in Pininfarina.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 24 2018 | 1:20 PM IST

Next Story