Wilkes Advises Sports Purpose on Acquisition of Sporting & Historic Car Engineers

The corporate team at Wilkes is pleased to announce they have advised longstanding client Sports Purpose Limited on their acquisition of the renowned historic racing specialist, Sporting & Historic Car Engineers Limited.

This strategic acquisition will enable Sports Purpose to expand their expertise into the historic racing car segment, complementing their existing business serving the specialist rare Porsche market. Sporting & Historic Car Engineers, established in 1989 by Tim Samways, has earned an esteemed reputation as one of the premier historic racing businesses in the UK, achieving numerous successes including the first win by a Ferrari at the prestigious Goodwood Revival RAC Tourist Trophy race in 2007.

Tim will be retiring but will retain a role with the company as a consultant engineer, helping with the many projects that he has initiated.

James Turner, founder of Sports Purpose, commented on the acquisition:

“Tim and his company are synonymous with historic racing and the highest quality cars. We are thrilled at this opportunity to work with Tim and his talented team in Greatworth, building on their legacy while expanding into the historic racing segment.”

James Turner, founder of Sports Purpose, commented on working with Wilkes:

“I have known Jeremy Parkin since we first worked together over a decade ago. He has been an invaluable advisor as we have grown Sports Purpose. While his legal counsel is excellent, I regard Jeremy as a trusted consigliere, providing reliable wisdom and guidance on our corporate matters. It’s a pleasure working with Jeremy and his team at Wilkes.”

On this deal, Sports Purpose were advised by Jeremy Parkin, Consultant from the Wilkes Corporate with support from Matt Workman, Paralegal and Leighann Richards of the Wilkes Real Estate team.

“We are delighted to have assisted James on this landmark deal and wish him every success with the newly-acquired business.” commented Jeremy Parkin.