Leading race organisation, Masters Historic Racing, has announced a merger with GP Extreme, the UAE-based motorsports group. After 20 years at the helm, Masters, founder Ron Maydon is preparing to step back from the day-to-day running of the organisation, having secured its future in the hands of GP Extreme founder Frédéric Fatien and his team.
Maydon, a Historic F1 racer, first acquired Formula One Race Car Entrants (The FORCE) from David and Lorina McLaughlin in 2004, then went on to acquire Gentleman Drivers and Sports Racing Challenge from Carol Spagg, and Group 4 Racing from Charlie Agg. His vision was to refine the race weekend experience for competitors, and he has gone on to create a unique brand appreciated by Masters’ drivers and teams on both sides of the Atlantic, run by a great and dedicated team.
Masters will continue to operate with this team for at least the 2024 race season, ensuring a smooth transition, and GP Extreme will welcome the Masters Historic Racing team to their other motorsport activities, which includes the Dubai Historic Grand Prix. The published 2024 Masters Race Schedule remains unchanged.
Founder of GP Extreme Frédéric Fatien, a racer himself, of GT and LM cars as well as historics, is also a team owner. He said of the development, “GP Extreme is now embarking on a new journey as we temporarily set aside the GT3 team to devote all our efforts into historic racing. With a longstanding relationship between Ron and I, the visionary behind Masters Historic Racing, and having enjoyed racing together throughout Europe and North America, I’m thrilled to begin this exciting journey. Our dedication will be reflected in maintaining the current team and our ambition to develop further exciting projects within the 2024 calendar to honour the Masters legacy and ethos. Our shared values of great camaraderie, a fun and relaxed environment, and a passionate community will drive us forward on this new exhilarating historic racing adventure.”
“At Masters, we have spent the past twenty years building our own style of historic racing and a powerful brand name that is recognised internationally,” commented Masters founder Ron Maydon. “I am so very proud of what our small, wonderful team at Masters has achieved from our humble beginnings with one historic Formula 1 grid back in 2004 to being recognised worldwide wherever historic racing takes place. However, I must recognise I will shortly be 73 years old. I have a wonderful wife who has supported me in every aspect of Masters, a fantastic home, five amazing children and currently 13 grandchildren! It’s time that I saw more of them all, along with all the great motor racing friends I have made around the world. It felt like the right time to find someone to take Masters onto its next phase. I will truly enjoy watching Fred, and his team at GP Extreme, embrace the ideas he has for the future. Rest assured, Rachel, the current Masters Team, and I will be here throughout the 2024 season, working to ensure Masters a successful future ahead.”
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