WELCOME, N.C. – Richard Childress Racing announced Tuesday that KC Motorgroup Ltd. is returning as a multi-race sponsor during the NASCAR Xfinity Series season.
The international brand will first appear on Tyler Reddick’s No. 2 Chevrolet Camaro for the upcoming race weekend at Michigan Int’l Speedway.
KCMG, a Hong Kong-based international motorsports group, was founded by Dr. Paul Ip in 2007. With operations spread across Asia and Europe, KCMG is expanding the network for support and development of professional racing across the world through motorsport services, equipment, team management and quality distribution. KCMG became the first Chinese team to ever race in the 24 Hours of Le Mans in 2013. In 2015, the team scored a historic LMP2 victory at Le Mans.
KCMG Composites, also established by Dr. Paul Ip, is a global Carbon Fiber Reinforced Parts solution provider that provides R&D, prototyping, testing and production capabilities in the fabrication of carbon fiber. Their products range from structural parts for the automotive and aerospace sectors to specialty motorsport components and luxury items. Working alongside KC Motorgroup Ltd., KCMG Composites has acquired a vast knowledge in the composite technology and understand the demands and solutions motorsports teams need.
Through its continued partnership, RCR and KCMG are working to create opportunities for KCMG Composites using NASCAR as a business development platform.
“Our association with Richard Childress Racing has provided a valuable channel for expanding our presence in the United States, particularly as it relates to stock car racing applications,” said Dr. Paul Ip, founder of KC Motorgroup. “KC Motorgroup has experienced success on a global level, and we’re proud to continue our winning tradition with Richard Childress Racing and Tyler Reddick.”
Reddick, the defending Xfinity Series champion and current points leader, has had a strong start to the 2019 season, securing two wins, two pole awards, 10 top-five and 11 top-10 finishes so far.
“We’ve developed a very successful partnership with Dr. Paul Ip and KCMG,” said Torrey Galida, president of RCR. “Over the past two years, KCMG Composites has developed several stock-car related business opportunities. We’re looking forward to continuing to help further expand KCMG’s presence in the U.S. and abroad.”