CANBERRA – Holden Ltd. has purchased TWR Australia to secure the future of its motor racing program. TWR Australia manages Holden Racing Team operations and provides engineering design work to Holden and other clients. TWR Australia purchase expected to secure racing future for Holden. The purchase follows the appointment of administrative receivers to five TWR companies in the U.K. It does not involve Holden Special Vehicles, which has operated under a separate structure ...

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