Mumbai, 09 November 2015: The Mahindra Group is delighted to confirm that the famous Peugeot name will make its debut on the Moto3 grid in the 2016 season. Two Peugeot MGP3O machines are set to be campaigned by the successful Saxoprint Racing Team Germany in the hands of experienced French rider Alexis Masbou and 21-year-old Scot John McPhee.
The Mahindra Group acquired a 51% stake in Peugeot Motocycles, the world’s oldest motorcycle maker, in 2014. This year, a Mahindra-Peugeot MGP3O racer took the Riders' and Constructors' titles in the Italian CIV Moto3 championship in the hands of 16-year-old Marco Bezzecchi.
Now the historic French marque, that produced its first motorcycle back in 1898 and recorded victories in famous races such as the Bol d'Or during the 1950s, will be back at the top-level of international motorcycle racing.
"We are delighted to add a Peugeot Motocycles entry to our Moto3 line-up for 2016 and are looking forward to next season being the biggest and most successful so far for Mahindra Racing," affirmed Ruzbeh Irani, Mahindra Racing Chairman and Mahindra's President (Group Communications & Ethics) and Chief Brand Officer.
Mahindra Racing CEO Mufaddal Choonia added, "We are a growing force in the Moto3 paddock, and the addition of the Peugeot Motocycles entry to our line-up will have a number of technical benefits for Mahindra as well as brand benefits for Peugeot Motocycles. I am confident that the extensive work that we are undertaking on the MGP3O at our new technical centre in Italy will result in greater on-track success for both Mahindra Racing and Peugeot Motocycles."
The Peugeot MGP3O will share its mechanical DNA with the Mahindra Racing bikes on the grid, but Peugeot Motocycles will contest the series as a Constructor in its own right. The addition of the two Peugeot racers further underlines the growing presence of Mahindra in international motorcycle racing. The only Indian constructor in MotoGP will continue to run programmes in the CEV Moto3 Junior World Championship and the Italian CIV series.
About Mahindra Racing
In 2016, Mahindra Racing is competing as a constructor in its fifth year in the Moto3TM class of MotoGPTM and remains the only Indian constructor in the series, having first participated in 2011. Mahindra Racing supplies the Mahindra MGP3O single-cylinder, 4-stroke, 250cc motorcycle to the factory Aspar Mahindra Team and three customer teams. Mahindra also supplies an official Peugeot Motocycles derivative of the MGP3O to the factory Peugeot MC Saxoprint Team.
The 2016 Mahindra Racing line-up includes: Aspar Mahindra Team Moto3 - Jorge Martin (SPA), Francesco Bagnaia (ITA); Peugeot MC Saxoprint - Albert Arenas (SPA), John Mcphee (GB); Platinum Bay Real Estate - Marcos Ramirez (SPA), Darryn Binder (RSA); CIP-Unicom Starker- Fabio Spiranelli (ITA), Tatsuki Suzuki (JPN); 3570 Team Italia - Stefano Valtulini (ITA), Lorenzo Petrarca (ITA).
Mahindra Racing made history in the 2013 Malaysian Grand Prix taking the first-ever podium for an Indian constructor. The MGP3O recorded top-five finishes in 10 of the 17 rounds in 2013 as well as a pole position, three circuit lap records and third in the constructors' rankings. The 2014 season saw a further three podium finishes for the Indian motorcycle, including second place at the Sachsenring. In 2015, the Mahindra regularly fought at the front of the ultra-competitive Moto3TM class and recorded a podium finish at Le Mans.
2016 got off to a strong start for Mahindra Racing with Aspar Mahindra Team Moto3 rider Francesco (Pecco) Bagnaia securing a third place podium finish at the opening round in Qatar. The podiums continued in Jerez and Mugello before Pecco made history with victory in Assen, Mahindra's first in the World Championship. It was a historic day for everyone involved and proved the high level performance capabilities of the MGP3O. As well as its commitment in the World Championship, Mahindra continues to supply MGP3O machines to Team Aspar to compete in World Championship feeder series, the FIM CEV Repsol Moto3 Junior World Championship in 2016.
Mahindra's bold decision to take on the world's best at the highest level of motorcycle racing has won the team a number of prestigious awards in India, including: the NDTV Car and Bike Awards - 'Mobil 1 Motorsport Award of the Year', 2012 and 2013; the Bike India Magazine - 'Motorsport Award', 2013; and 'ZigWheels Motorsport Award of the Year', 2012. Mahindra also won ‘Racing Bike of the Year' at the Zeeignition Auto Awards, 2016.
For further information please visit: www.mahindraracing.com.
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.
A USD 17.8 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.
In 2015, Mahindra & Mahindra was recognized as the Best Company for CSR in India in a study by the Economic Times. In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world's largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times 'Boldness in Business' Award in the 'Emerging Markets' category in 2013.
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Mr. Harry Lloyd
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