Team Orion SA/HB Racing Restructuring Announcement
Offroad buggy brand HB Racing and its Swiss parent company Team Orion SA has issued an announcement that it will enter a restructuring of the company and organisation from April 2025. In the official announcement from the company headed up by Philippe Neidhart, it continues, ‘Changes will affect every level of the company structure and operational business. We would like to apologise in advance for the upcoming short term disruptions and potential lack of availabilities at your local shop. New processes and strategies are in full implementation to prepare our new chapter and serve all customers in the best way possible. We are confident that the restructure will be valuable to Team Orion and HB Racing future. Please note that Team Orion and HB Racing are not closing down, nor ceasing their activities, it’s just the time has come for an important restructuration to support our new developments and prepare for upcoming growth following all the unexpected events and lost that happened over the last 3 years. We would like to say thank you to our customers, fans, team drivers, ambassadors, business partners and employees, your support is invaluable as Team Orion and HB Racing embark on an exciting new era and together we will create stronger, more dynamic and greater brands.’
Source: HB Racing [hbracing.com]