HWA AG was established in 1998 as a spin-off from AMG, the customisation specialists for the Mercedes-Benz brand, founded by Hans Werner Aufrecht in 1967. In late 1998, Hans-Werner Aufrecht sold a majority holding in AMG Motorenbau- und Entwicklungsgesellschaft mbH (as it was known at that time) to Daimler AG. This demerger transferred the motor racing interests, today’s Mercedes-AMG DTM team and parts of the vehicle and components division to HWA AG. In the motor racing segment, HWA AG has been commissioned by the motorsport division of Daimler AG as a full-service provider for the entire development and construction of racing cars, including engines, as well as all other responsibilities in connection with the running of the racing team. In the vehicle and components segment, the company designs and builds cars and components at the behest of the automotive industry. Since 2003, HWA AG has been manufacturing and maintaining racing engines for the Formula 3 Euro, the F3 championship and the British Formula 3 series. The racing version of the Mercedes-Benz SLS AMG is also developed and produced by AMG in close collaboration with HWA AG. Since the AMG Customer Sports agreement was signed in late 2010, the SLS AMG GT3 has recorded more than 180 race wins. To date, more than 85 units have been sold to customers all around the world.