STARD & FERRATUM Group to write EV Motorsport History in Downtown Bucharest

Ferratum and STARD announce electric motorsport world premiere to take place in Bucarest on 26th of october.

First ever race participation of STARD´s #REVelution equipped 612hp 4WD all electric Ford Fiesta Rallycross Supercar Romanian National Race Driver and TV Star Dani Otil will be Piloting STARD´s EV Machine Participation in Romania´s innovative “CN Super Rally” City Racing Series targeting overall classification victory Competition against Romania’s petrol powered Circuit, Hillclimb and Rally Elite cars and drivers. Start of Ferratum EV technology promotion campaign with more events to follow.

Ferratum and STARD are moving on to the next stage of their technology partnership.
After the very successful start of the cooperation with the 2019 FIA World Rallycross Championship project, Ferratum and STARD are starting a new major phase of their cooperation focusing on EV technology in motorsport and beyond.
The first event of the Ferratum powered campaign is the participation in the 4th round of the Romanian “CN Super Rally” city racing series.
STARD will enter their brand new Ford Fiesta electRX race car, which is equipped with a 3-motor specification of the in-house developed #REVelution EV powertrain system. This event will show the already second possibility of application for the versatile package.
In this race, STARD will run the same specification as supplied to projektE, the world´s first all electric rallycross series starting from 2020.

Michael Sakowicz, Founder & CEO STARD:
“We have developed the all electric #REVelution powertrain system to be able to run in virtually any type of racing genre. The city center of Bucharest is the perfect place to further test and start to showcase the versatility of our powertrain system. There we will compete on a city race course against all sorts of race cars from circuit, over hillclimb to rally cars. This is pretty different to a rallycross circuit actually. We believe to have developed the most affordable and most flexible EV motorsport powertrain system on the market. On top of that, we are immediately enabling the use of OEM electric powertrain technology straight away. This is worldwide unique!”
Throughout the next months, we will demonstrate this at various opportunities, in many different ways. We´re just getting started.”

Finnish Fintech enterprise Ferratum Group, has deeper involvement in STARD´s EV technology than just being a sponsor.
The cooperation also includes an exchange of high level technological approaches, where more synergies exist between finance tech and advanced technologies then most people would expect.

Jorma Jokela, Founder and CEO of Ferratum Group:
”The sponsorship of Stard enables us great things – not only that we get to be mutually inspired by ongoing innovation in our respective fields and to see the amazing development, but also that we get to support the evolution of motorsport to a more sustainable direction. We are excited about this partnership, feel honored to be able to have contributed to this evolution, and are looking forward to seeing what is yet to come .”

The participation in the city race of Bucharest, will be the first ever competitive outing of STARD´s 612 HP all electric Ford Fiesta. Another world premiere after the 2016 victorious participation of STARD´s first Peugeot 207 based electric rallycross car at the ROAC (Race of Austrian Champions).
Behind the wheel of the yet one of a kind electric high tech race car will be Romanian TV celebrity and professional race driver Dani Otil, who is currently placed 2nd in the “CN Super Rally” Championship before the last round in Bucharest.

Manfred Stohl, Stohl Group President and owner:
“Ferratum is more than just a sponsor to us. Their involvement has massively helped to shape our EV and advanced tech development activities. Both our companies have taken an active pioneering role in their environment. While STARD is a pioneer in electric motorsport technology, Ferratum takes this role in finance technology and beyond. This automatically leads to certain approaches and methods being quite similar between those two fields of activity. At the same time, there is a lot to learn for each other from both sides. After the first year of cooperation we have already had great results from this partnership. We´re eager to explore this further.”

About Ferratum Group:
Ferratum Group is an international provider of mobile banking and digital consumer and small business loans, distributed and managed by mobile devices. Founded in 2005 and headquartered in Helsinki, Finland, Ferratum has expanded rapidly to operate in 23 countries across Europe, Africa, South and North America, Australia and Asia.

As a pioneer in digital and mobile financial services technology, Ferratum is at the forefront of the digital banking revolution. Ferratum’s mobile bank, launched in 2016, is an innovative mobile banking platform offering a range of banking services, including real time digital payments and transfers, within a single app. It is currently available in four European markets. Ferratum has approximately 784,000 active customers that have an open Mobile Bank account or an active loan balance in the last 12 months (as at 30 June 2019).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under symbol ‘FRU.’ For more information, visit www.ferratumgroup.com.

About STARD:
STARD (Stohl Advanced Research and Development and part of Stohl Group GmbH), CEO & founder Michael Sakowicz, is a research and development specialist company active in advanced motorsport, racing and high performance technology.

Stohl Group GmbH was founded and is owned by former Gr.N rally world champion, WRC and WRX Driver Manfred Stohl and consisting of 3 major independently operating business departments:

– STARD (R&D for motorsport, automotive and beyond),
– Stohl Racing (technical and logistic motorsport service, aftermarket),
– Stohl Apartments (Accommodation)

STARD is focussing on entire vehicle and subsystem development and, together with Stohl Group´s other departments, covers the process chain, from first concept, design, prototype build up, up to small series vehicle production entirely in house.

Stohl Racing additionally offers worldwide top level race service, including the service of STARD in-house developed racing vehicles.

Since 2012 STARD is focusing on R&D of EV powertrain systems and has taken a pioneering role in EV technology in road car bodyshell based motorsport categories like rally and rallycross by introduction of the world´s first all-electric Rally/Rallycross development car “HIPER MK1, and from 2020 being exclusively responsible for all technical aspects of the projektE series, the first international all electric rallycross series worldwide.

STARD is further competing in the FIA World Rallycross Championship with in house developed Ford Fiesta based Supercars since 2015.

STARD Homepage: www.stard.at
STARD Contact: office@stohl-group.com
Facebook page: @stard.austria
Instagram: stard.austria