Industry News
F1 supplier to open Chinese office
19th October 2007
The Austrian based company Pankl Systems AG is to open an office in Shanghai to tap into what it sees a lucrative Chinese market for its products and services.
Werner Bruck, manager of the engine division of PRS which provides engine and drive systems and chassis components for almost all F1 teams told the People’s Daily newspaper, "I know I am a little bit too far ahead. What I dream today might be happening seven or 10 years later in the engineering sector. But the motor sports side and the after-market side will grow quicker."
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