Travel management company ATPI Group has acquired Italian specialist motorsport travel agency FAST.
FAST, which is based in Ravenna, organises travel for events such as the World Speed Championship (MotoGP) and the World Superbike Championship, as well as specialising in business travel and the television and film production sectors.
The acquisition comes as ATPI looks to expand its presence in the global sports travel sector. Further details of the transaction have not been revealed.
Ian Sinderson, CEO of ATPI Group, said: “We’re delighted to begin our partnership with FAST and continue to develop our growth within the sports travel and events sector.
“This combination of our two brands is a perfect opportunity, combining FAST’s specialisms in motorsports and ATPI’s global reach and experience with other leading events like the Olympic Games, Commonwealth Games, Ocean Race and the Rugby World Cup.”
FAST’s CEO Massimo Bertozzi said the deal with ATPI “marks a significant milestone” for the company.
“With ATPI’s high-touch service levels and esteemed global reputation, matched with FAST’s extensive knowledge on the racetrack - the opportunity to expand our international reach opens up once unimaginable possibilities,” added Bertozzi.
“We look forward to bringing our clients on this journey and establishing a formidable partnership with Ian and the wider team.”