Skip advert
Advertisement

Cosworth on the market

UK engine builder confirms plans to sell to highest bidder.

Cosworth on the market

Northamptonshire-based engine specialist Cosworth has announced that it is now up for sale, after the owners of the company instructed investment bank UBS to auction the company off.

Cosworth has been involved in F1 since 1963, and is still supplying engines to two F1 teams, but the company has also diversified in the past few years – branching out into aerospace equipment, with Rolls-Royce one of Cosworth’s biggest clients.

Advertisement - Article continues below

Tim Routsis, Cosworth’s chief executive, told The Times: ‘We have been paused for the last 18 months and the board has decided that we can not wait any longer otherwise we risk losing momentum.’

The current owners, Gerry Forsythe and Kevin Kalkhoven of IndyCar fame, bought the company from Ford in 2004. The pair planned to float the company on the stock exchange, but after this plan failed to materialise, the decision to sell the company was been made.

Skip advert
Advertisement
Skip advert
Advertisement

Most Popular

£15k off Alfa Romeo Stelvio Quadrifoglio super SUV
Alfa Romeo Stelvio Quadrifoglio
News

£15k off Alfa Romeo Stelvio Quadrifoglio super SUV

If you have to have an SUV, a Stelvio QV is acceptable. Now it's being heavily discounted.
8 Jul 2025
New cars at the 2025 Goodwood Festival of Speed – all the debuts from Aston to Zenvo
Festival of Speed 2025
News

New cars at the 2025 Goodwood Festival of Speed – all the debuts from Aston to Zenvo

The Goodwood Festival of Speed was spectacular yet again. Here are the highlights from the British motoring event of the year
14 Jul 2025
Porsche 963 RSP 2025 review – driving the ultimate one-off Le Mans racer for the road
Porsche 963 RSP review front
Reviews

Porsche 963 RSP 2025 review – driving the ultimate one-off Le Mans racer for the road

That the 963 RSP even exists is absurd. Driving it felt like a fever dream
13 Jul 2025