The company's purpose is to promote, organize, and manage corporate, private, and sporting events in general, based on driving simulation and real driving activities such as courses and promotional events, in general motorsport activities; the construction and sale of driving simulators and related accessories. The company may sell branded merchandise or resell materials from other companies related to the relevant sector. The company may take on representations and agencies, hold shares in other companies, and open branches both in Switzerland and abroad. It may carry out, both in Switzerland and abroad, all commercial, consulting, industrial, movable and immovable property operations, as well as any other activities deemed necessary or useful for achieving the company's purpose. However, immovable property in Switzerland or shares in real estate companies and enterprises with immovable property in Switzerland may only be acquired (without LAFE approval procedure) on the condition that the immovable property is intended for the exercise of an economic activity in accordance with Article 2, paragraph 2, letter a) LAFE.
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