- Business
- Racing Force S.p.A. (RFG.MI) manufactures and distributes safety equipment and performance products for the motorsport industry, serving professional drivers, amateur athletes, racing teams, and car manufacturers across disciplines including Formula 1, World Rally Championship, Sportscar racing, Stockcar, Rally-raid, and Karting. The company offers a comprehensive portfolio under brands such as OMP, Bell Racing, Zeronoise, Racing Spirit, B2 Helmets, and Sports Mini Line, encompassing fireproof and anti-abrasive suits, helmets, intercoms and communication systems, gloves, shoes, seats, seat belts, steering wheels, roll bars, fire extinguishers, in-helmet cameras for broadcasting, non-technical apparel, and kart and rally accessories; it has diversified into defense applications via its HPS brand and technical apparel for other sectors. Founded in 1973 and headquartered in Ronco Scrivia, Italy, Racing Force S.p.A. operates as a subsidiary of SAYE S.p.A. and maintains a global footprint across three continents with key facilities in Sakhir, Bahrain; Mooresville, USA; Tubize, Belgium; and additional sites in the United States and Italy, selling products in over 80 countries through an extensive dealer and distributor network.
In recent developments, the company completed a EUR 7.5 million capital increase in June 2024 through an accelerated bookbuilding of new shares, with cornerstone investments from Axon Partners Group (EUR 5 million) and Bahrain Mumtalakat Holding (EUR 2 million), to fund global expansion including a new production facility in Bahrain under a binding commitment with Bahrain International Circuit, expected to finalize by end-2024 for enhanced efficiency in strategic products. Racing Force Group reported strong revenue growth, with Q3 2025 consolidated revenues at EUR 15.9 million, up 19.9% year-over-year, and confirmed ongoing diversification including helmet deliveries to Dutch police forces starting Q4 2025; it renewed key partnerships such as OMP with Toyota Gazoo Racing World Rally Team and adidas as Official Racewear Supplier in January 2025, Bell Racing with Knoxville Raceway and IPKarting in 2025, and launched initiatives like Zeronoise Communications Services with Al Kamel Systems in April 2025 and Driver’s Eye technology for INDYCAR on FOX. The company also completed a Bell Racing factory extension in Bahrain in November 2024, broke ground on a new OMP facility there, and secured certifications as an Authorised Economic Operator by the GCC, alongside approvals for a new share buyback plan and KPMG appointment as auditor for 2025-2027 at its November 2025 Shareholders' Meeting.