N.Technology unveiled a new division today, N.Technology Iberia, following the signing of a memorandum of understanding between N.Technology, Portimao Municipality and Parkalgar. The document contained the key points of the agreement for the birth...
N.Technology unveiled a new division today, N.Technology Iberia, following the signing of a memorandum of understanding between N.Technology, Portimao Municipality and Parkalgar. The document contained the key points of the agreement for the birth of the Algarve-based division.
Based in Portimao, Algarve, N.Technology Iberia will be a part of the Algarve Motor Park, and constitute the pillar of the N.Technology Group's activities thanks to the state-of-the-art facilities available.
Notable activities to be developed within the division include a Sporting, Off-Road and Racing School, dedicated to motoring enthusiasts wishing to improve their driving skills as well as budding motorsport drivers looking for professional training.
Combining experienced N.Technology personnel together with the group's extensive past, present and future racing activities, the school will offer a unique all-round centre for training, development and entertainment, for single-seater racing amongst other categories.
N.Technology Iberia will also use its Algarve Motor Park location for corporate activities such as launches, including car, motorbikes and other products to international media, business partners and guests, as well as developing and activating incentive schemes.
A dedicated Customer Service team will deal with servicing historical cars and motorsport activities for N.Technology clients, providing all the necessary assistance on track too. A Tuning branch will also be developed, focusing on restyling and customising private cars.
Additionally, N.Technology Iberia's commitments are set to include the organisation and promotion of the Portuguese Racing Weekend as well as the management of various karting activities.
Further on, N.Technology Iberia will also focus on partnering manufacturing clients in testing and development programmes for vehicles within the European marketplace, thanks to the nearby circuit and handling assessment facilities.
Long-term projects coincide with the planned birth of the N.Technology Pole, a technical centre for advanced research and development aimed at the automotive and motorsport industry.
Manuel da Luz, Portimao Municipality
"The Municipality of Portimao would like to thank all the parties involved for arranging such a new venture. This project has crucial importance for Portimao as well as adding an extremely positive effect on local employment and bringing a new dimension to tourism in the Region."
Paulo Pinheiro, Parkalgar
"After developing racing and karting circuits, there is now a new important goal for Parkalgar and for the Parque Tecnologico. N.Technology represents a key point in the development of the Municipality and of the Region".
Mauro Sipsz, N.Technology
"It's a great opportunity for our Group. I am sure that the agreement will be fruitful for all the parts involved and I really want to thank Autodromo do Algarve, Municipality of Portimao as well as our Portuguese partners. In this moment we are concentrating on the Porsche Panamera S project; we are more than ready to finalise further agreements in the future."