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Cosworth, one of the great names of the British motor industry, known for building high performance engines for Formula 1 racing teams and sports cars, has been put up for sale.
British newspaper The Times writes on Thursday that the company owned by Gerry Forsythe and Kevin Kalkhoven have instructed UBS to find a buyer.
Forsythe and Kalkhoven ran ChampCar teams and even ran the series at one point. They also purchased Cosworth from Ford eight years ago.
Cosworth was created in 1958 by Keith Duckworth and Mike Costin. They produced the fantastic V8 DVF Formula 1 three-litre engine back in 1967 - the engine that won 176 Grands Prix.
During the recent years, Cosworth has diversified its portfolio, producing parts and projects for the aerospace, automotive and defense industries.
Cosworth is currently supplying V8 engines to only two teams in Formula 1: HRT and Marussia.
The Times adds that Rolls Royce and GKN, major clients of Cosworth, could be interested in buying the company.
British newspaper The Times writes on Thursday that the company owned by Gerry Forsythe and Kevin Kalkhoven have instructed UBS to find a buyer.
Forsythe and Kalkhoven ran ChampCar teams and even ran the series at one point. They also purchased Cosworth from Ford eight years ago.
Cosworth was created in 1958 by Keith Duckworth and Mike Costin. They produced the fantastic V8 DVF Formula 1 three-litre engine back in 1967 - the engine that won 176 Grands Prix.
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| Jim Clark, Ford Cosworth engine. (Photo: Ford) |
During the recent years, Cosworth has diversified its portfolio, producing parts and projects for the aerospace, automotive and defense industries.
Cosworth is currently supplying V8 engines to only two teams in Formula 1: HRT and Marussia.
The Times adds that Rolls Royce and GKN, major clients of Cosworth, could be interested in buying the company.