Moneycontrol PRO
HomeNewsTechnologyAutoTVS Motor Company has partnered with PETRONAS to Form PETRONAS TVS Racing Team

TVS Motor Company has partnered with PETRONAS to Form PETRONAS TVS Racing Team

The team will participate in all domestic two-wheeler racing formats. The partnership includes a co-branded oil set to launch across India

April 25, 2022 / 18:54 IST
File photo of the TVS Apache RTR 200 4V in action (Image courtesy: TVS)

Two and three-wheeler auto manufacturer TVS Motor Company has signed an agreement with PETRONAS to form India’s first factory racing team rebranded as the PETRONAS TVS Racing Team. The partnership is expected to boost the popularity of racing in India.

"We are delighted to have PETRONAS as our partner for TVS Racing as they come with many progressive tech solutions backed by significant wins in prominent racing events. I am confident their global expertise and solid presence in motorsports combined with TVS Racing's four decades of strong racing heritage will take us to greater heights,” said KN Radhakrishnan, chief executive of TVS Motor Company.

Executive vice president and chief executive of Downstream PETRONAS Datuk Sazali Hamzah said that the company continues to make headway across the value chain in India and the deal with TVS “seals a stronger partnership with one of India's most respected OEM (original equipment maker)”.

The team will don new livery from this season. PETRONAS will also provide its high-performance engine oil, PETRONAS Sprinta, for the team’s road racing, supercross and rally formats of racing in events such as the Indian National Motorcycle Racing Championship, Indian National Supercross Championship, and Indian National Rally Championship.

The partnership will also further TVS Motor’s strategic business alliance with PETRONAS Lubricants International to develop the PETRONAS TVS TRU4 RacePro — a co-branded oil which will be available for consumers in the high street across India in May 2022.

TVS Racing has been “pivotal” in engineering the company’s TVS Apache series which has “redefined the sports segment by focusing on race performance”, the company said, adding that the TVS Apache and TVS NTORQ 125 are the “fastest growing brands in their segments”.

Moneycontrol News
first published: Apr 25, 2022 02:00 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347