Dragon Racing is a team competing in the world’s premier electric motor racing championship, FIA Formula E, and is the second Formula E team to make Silverstone Park its home – Envision Virgin Racing already occupies over 10,000 sq ft of property on the site.
“There’s a lot of innovation and future thinking with the technologies we are developing in Formula E and, importantly, Silverstone Park offers us the infrastructure to achieve this,” says Dragon Racing’s team manager Gary Holland. “The estate is at the heart of the Silverstone Technology Cluster, so has an enviable supply of world-class engineers and technicians, and high-tech manufacturing expertise that is now right on our doorstep. Its connections to the business community are also first rate. For us, it is absolutely the place to be if we are to grow and succeed as a business.”
All seven new leases (including Dragon’s) were completed in the first few weeks of 2019, and range from large industrial units and R&D workshops to office space. The companies concerned operate in a variety of sectors including high-tech engineering (electric vehicles, motorsport, e-sports and security), travel/logistics, and recruitment/headhunting. They are: Dragon Racing; Lunaz Design; AF Corse UK; Edge Tech; Pro-vide Global Ltd; Virtually Entertained; and Supernova 360 Ltd.
Lunaz Design and AF Corse UK have moved into a total of 22,500 sq ft of industrial premises which form part of MEPC’s latest speculative development totalling 125,000 sq ft. Edge Tech, Pro-vide Global Ltd, Virtually Entertained and Supernova 360 Ltd have taken new flexible leases on serviced offices (260 to 550 sq ft) in the estate’s Innovation Centre.
MEPC’s Roz Bird, commercial director at Silverstone Park, says: “This latest influx of seven new companies and the retention of current occupiers is a great start to 2019, especially following so quickly after more than 40,000 sq ft of property was let to four businesses who located here in August 2018. It again highlights how MEPC’s development of the estate in terms of infrastructure, facilities, presentation, networking and connectivity with industry is acting as a magnet for innovative businesses with growth ambitions.
“We are also working on plans to bring forward further accommodation at Silverstone Park, to meet market demand,” adds Bird. “Any company interested in the Silverstone Park address is encouraged to make contact and arrange a meeting or viewing.”
