...to LNT’s acquisition trail
The Yorkshire based LNT Group continue their motorsport expansion with the acquisition of Ginetta Cars, one of the UK’s oldest names in sports and racecar manufacturing. Ginetta’s Martin Phaff enthused,
“This is a great opportunity for this British marquee, cherished by racing enthusiasts throughout the world, to build on a successful base and fulfil its potential. “Ginetta will continue to focus on motorsports entry level niche, whilst looking to develop overseas Championships and strengthen its position as the leader in junior sportscar racing. Investment is everything in business and motorsport is no different. The LNT group will allow us to move forward and grow from our successful racing series.” LNT have confirmed that Martin Phaff will stay on at Ginetta, heading up all sales and race series co-ordination.
LNT Group Chairman, Lawrence Tomlinson commented, “We want to create a motorsport centre of excellence here in Yorkshire. Our European representation for the U.S manufacturer Panoz will enable us to win at the highest level of International GT racing. Closer to home our interest is now complimented by Ginetta, offering us a unique opportunity to spot and nurture new driver talent.
“We’re delighted to have not only secured a genuine British sports car manufacturer, but the services of one of motorsports most enthusiastic and capable promoters in Martin Phaff.” Ginetta promote two National Championships, the AVO Ginetta which is Europe’s largest single class one make race series and the PlayStation Juniors, which caters for 14 to 17 year olds.