The company's purpose is to represent, manage and promote drivers, private teams and official stables in the field of motorsports for cars, motorcycles and boats of all professional and amateur categories in all world championships, in the field of thermal engines but also electric and sailing, as well as organizing promotional and sporting events of all kinds, meetings, conferences, press conferences related thereto, as well as providing marketing services, advertising campaigns, creation, design and merchandising activities, public relations, communication and assistance to related companies. The company may also procure or intermediate sponsorships for drivers, teams, private and/or official stables and crews, as well as provide consulting services in the automotive, motorcycle and nautical sports sector, amateur and private. The company may also purchase, sell, rent cars, motorcycles and similar vehicles, both racing and road, boats of all kinds and sizes, motorized and sailing, new, used, vintage, spare parts and technologies applicable thereto, as well as provide consulting and intermediation services for the same purposes and for the same goods, as well as intermediate any commercial operation without limitations regarding the goods subject to such operations. The company may also purchase, sell, rent and intermediate luxury goods such as watches, jewelry, works of art and any other valuable collectible or memorabilia. The company may also purchase, sell, manage, receive and grant the use of technologies, technical know-how, industrial patents, trademarks, licenses and intellectual property rights in general, in particular in the aforementioned sectors. The company may assume financing and/or carry out activities of granting loans, guarantees also mortgage, sureties and guarantees also in favor of third parties, excluding however the exercise of banking and insurance activities. The company may also purchase, encumber, manage, administer and sell real estate in Switzerland and abroad, as well as participate in real estate companies and enterprises with headquarters and/or activities in Switzerland and abroad, in compliance with the applicable regulations. Any activity carried out in the real estate sector is not aimed at third parties but limited to real estate for its own account. The company may assume, for its own account and not in a fiduciary capacity, interests and participations in other industrial, commercial, financial and service companies in Switzerland or abroad, in sectors related to the company's purpose or in other sectors. Finally, the company may carry out all commercial, industrial and financial operations or of another kind deemed necessary or useful functionally connected with the company's purpose or aimed at achieving it and open branches and subsidiaries in Switzerland and abroad.