The purpose of the company is to trade worldwide in goods of all kinds, in particular in motor vehicles, vintage vehicles and watercraft; to manage, broker or rent out such vehicles as well as to participate in and organize commercial events such as exhibitions, auctions and racing events. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties and grant securities for liabilities of affiliated companies.