Bahrain Mumtalakat Holding Company (Mumtalakat), the country’s sovereign wealth fund, has announced a joint venture with Prodrive, the British motorsport and engineering group.
The new company, Prodrive International, has been established with the aim of designing and manufacturing cars to compete in the Dakar Rally in Saudi Arabia from 2021.
Bahrain sponsored the winning car in this year’s Dakar Rally and the new Prodrive International car, specifically developed for the showpiece event, will compete in the top-level T1 class. Two rally cars will be manufactured and operated annually, while Prodrive International will also produce other customer cars and offer a range of performance parts and body kits as accessories for clients.
The Dakar Rally was first established in 1978 and opened in Saudi Arabia for the first time this year. Rally cars race one at a time, against the clock, across multiple stages of the intense off-road terrain.
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