Close Brothers Asset Finance back on-board with Speedworks in 2020

29-Jan-2020




Close Brothers Asset Finance will continue to support Speedworks Motorsport in the 2020 British Touring Car Championship, as the Northwich, Cheshire-based outfit targets overall title glory in the UK’s premier motor racing series.
 
Founded in 1987, Close Brothers Asset Finance offers a range of flexible funding solutions to UK SMEs and has firmly established itself as one of the country’s leading merchant banking groups. Speedworks Motorsport is a long-term client of the company – a relationship that was strengthened last year by the addition of a sponsorship agreement brokered by BTCC race-winner Rob Austin, who remains a brand ambassador.
 
This season, Speedworks Motorsport has regular silverware in its sights, following a tremendously impressive maiden campaign with the new Toyota Corolla in 2019 that yielded four victories for talented Bucks-born ace Tom Ingram and sixth place in the final Drivers’ standings amongst the 32 high-calibre contenders.
 
The forthcoming season will rev into life at Donington Park in Leicestershire on 28/29 March, with every racing lap set to be broadcast live, free-to-air and in high-definition on ITV4. Already two-time Independent Champions in the fiercely-disputed tin-top series, in 2020, with the support of Close Brothers Asset Finance, Speedworks Motorsport are setting the bar somewhat higher.
 
Christian Dick, Team Principal, Speedworks Motorsport, said: 

“We’re obviously delighted to have Close Brothers Asset Finance back with us again as we approach the new BTCC season. They were an integral part of the team last year as we transitioned from an Independent outfit to a Manufacturer-backed entry, and it was an absolute pleasure to welcome and host them at race weekends – the smiles on their faces as they shared in our success made it clear to see just how much enjoyment they derived from the experience.
 
“Hopefully there will be plenty more success ahead over the coming months. With a year under our belts now with the Corolla, we feel infinitely more prepared going into our second campaign with the car. Tom [Ingram] proved its potential on a number of occasions in 2019, and if the season had started after the summer break, I daresay we’d have been in with a real shout of the title.
 
“That – allied to everything we learnt along the way and all the developments still to come – gives us real confidence moving forward into year two, although we are well aware that our competitors will similarly have made progress over the winter. In the BTCC, you can never afford to sit still, and we will continue working tirelessly between now and Donington Park to ensure we leave no stone unturned and can hit the ground running when the first lights go out.”
 
John Fawcett, CEO Transport Division, Close Brothers Asset Finance, said:

“Close Brothers Asset Finance are excited to continue supporting Speedworks Motorsport in the British Touring Car Championship for a second year. The team has some very interesting developments in the pipeline, and we look forward to being part of this journey with them. Speedworks has been a customer of ours for over eight years, and we are proud of the great relationship we share. We wish the team the best of luck for the season.”