Chennai, 4th May 2015: Mahindra Two Wheelers Ltd. (MTWL), part of the USD 16.5 billion
Mahindra Group, today announced that its Mahindra Peugeot motorcycles dominated last
weekend’s opening round of the Italian National Motorcycle Racing Championship (CIV 2015
Moto3) winning both races at the Misano circuit in Italy.
Italian youngster Marco Bezzecchi (#12), riding the Mahindra Peugeot MGP3O motorcycle for
team Minimoto Portomaggiore, claimed the top step of the podium in both races of the opening
round. He was joined on the rostrum by team-mate Fabio Spiranelli (#3) in the first race, also
astride the MGP3O, ensuring a double podium for Mahindra Peugeot motorcycles. Spiranelli
was fifth in the second race, capping a strong weekend for the partnership.
This winning start in one of Europe’s most competitive National Racing Championships is a
proud moment for India’s only manufacturer of high performance racing bikes. Motor sports,
particularly motorcycle racing at the highest level, are important test beds for cutting–edge
research and technological development, as well as brand building among consumers in India
and around the world.
The Mahindra Peugeot MGP3O’s double victory in Misano, against an extremely competitive,
top-class field demonstrates Mahindra’s world-class two wheeler technology. It also showcases
the growing synergies between Mahindra Racing and the Peugeot business, and will play an
important role in building the Peugeot brand in Italy and other European markets.
Mahindra were the constructor champions for 2 consecutive years – in 2012 (125GP class) and
in 2013 (in the Moto3 class) in the CIV. In the 2013 CIV Moto3, Mahindra completely dominated
the championship, where besides winning the constructor trophy, Mahindra rider Andrea
Locatelli was also crowned the Italian National Moto3 Champion and the teams second rider
Michael Rinaldi, finished a close second.
Over the past few years, Mahindra has strengthened its position in the global two-wheeler
segment by acquiring a majority stake in Peugeot Motorcycles earlier this year.
In India, Mahindra is developing a range of advanced two wheelers, including the award-winning
Centuro and Gusto that are packed with high performance technology and a host of truly
innovative, consumer-relevant features, never seen before in their categories.
Up next are Rounds 3 and 4 at Vallelunga racetrack, on the 16th and 17th of May 2015 where
Team Minimoto Portomaggiore, riding Mahindra Peugeot Motorcycles, is preparing to put up
another strong showing!
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural
prosperity, enhance urban lifestyles and increase business efficiency.
A USD 16.5 billion multinational group based in Mumbai, India, Mahindra provides employment
opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that
drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology,
financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in
the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment,
logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.
In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest,
most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra
Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’
category in 2013.