Pankl Racing Systems AG is an Austria based supplier and development partner for engine and drivetrain systems. The company operates in three segments including Racing segment that supplies international motor racing series such as Formula One, NASCAR (National Association for Stock Car Auto Racing), WEC (World Endurance Championship), DTM (German Touring Championship). High-Performance segment develops and produces drivetrain and engine components for high-performance luxury cars, engine components for the aftermarket and high-performance aluminum forgings. Aerospace segment supplies flight critical power transmission components for fixed wing and rotary wing aircraft. It derives the majority of the revenue from the Racing segment.