 | |
| Company type | Private |
|---|---|
| Industry | Motorsport Advanced Technology |
| Founded | 1984 |
| Headquarters | Banbury, England |
Key people | David Richards (founder and chairman) |
| Website | Prodrive.com |
Prodrive is an English motorsport and advanced engineering group based in Banbury, Oxfordshire.
Prodrive was founded in 1984 by Ian Parry and David Richards.[ citation needed ]
Prodrive sold its 51% stake in Ford Performance Vehicles to Ford Australia in 2012. Prodrive also founded Ford Performance Racing in 2003, entering the V8 Supercar series in Australia after purchasing Glenn Seton Racing. This was sold in January 2013. [1]
On 28 April 2006, Prodrive were officially granted entry to F1 when the FIA announced the list of entrants to the 2008 Formula One World Championship. [2] It was announced on 23 November 2007 that Prodrive F1 would not compete in the 2008, as the legal situation left no time for the team to be set up for the start of the season. [3]
On 23 April 2009, Prodrive issued a press release stating that they were considering an F1 entry for the 2010 season, possibly under the Aston Martin Racing brand. [4] [5] On 29 May 2009, it was reported that Prodrive had submitted a formal application for the 2010 season. However, Prodrive was not accepted to the final grid. Prodrive was one of two potential buyers considered by the Renault F1 Team to take-over the team prior to the 2010 season. [6] In April 2010 Prodrive announced it would not apply for the 2011 Formula One season. The slot became available after US F1 Team collapsed. [7]
Prodrive had a facility at the former RAF Honiley airfield and LucasVarity proving ground near Wroxall, Warwickshire, together with Marcos and TRW. [8]
In March 2006, Prodrive announced its intent to build a £200million, 200-acre (0.8 km2) motorsport facility called "The Fulcrum". [9] [10]
As of 3 August 2006, Prodrive has won the support of the Warwick District Council planning committee for development of The Fulcrum. [11] The permission covers a highly advanced engineering research and development campus, a conference facility called the Catalyst Centre and new access road, a roundabout, infrastructure, parking and landscaping. The plans still have to be presented and agreed by the British government's Department for Communities and Local Government. There is local opposition against Prodrive's plans via the Fulcrum Prodrive Action Group (FPAG) to protect the rural nature of the community and the safety of the people that live within it. [8]
In 2014 the site was sold to Jaguar Land Rover.[ citation needed ]
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