Lions Racing Team

What Lions Racing Team does

Lions Racing Team, legally Lions Racing Team e.V., is a student-led Formula Student racing team founded in 2000 and registered as an eingetragener Verein at Amtsgericht Braunschweig (VR201407). The team operates out of Hermann-Blenk-Straße 42, Braunschweig, Germany, and is embedded within the Lower Saxony Research Centre for Vehicle Technology (NFF) at TU Braunschweig. It consists of more than 80 students drawn from 25+ degree programs, six faculties, and three universities (TU Braunschweig, HBK Braunschweig, and Ostfalia), organized into seven technical and operational modules: Aerodynamics, Chassis, Suspension & Powertrain, Electronics (PowerElo), Driverless, Performance, and Operations & Marketing. The team does not sell commercial products; its mission is to design, simulate, manufacture, and race an electric Formula Student vehicle each season, with the current LR26 vehicle featuring a 600V high-voltage architecture, an 80kW dual-motor rear-wheel-drive powertrain, a CFRP-aluminum honeycomb monocoque, 710N of downforce at 60 km/h, and a 224.5kg total weight. Since introducing the LRe12 in 2012 the team has been fully electric, and since 2019 it has developed a Driverless autonomous-driving stack using LiDAR and stereo-camera perception with Kalman-filter-based localization.

The organization's revenue model is non-commercial and is built on two streams: (i) a modest annual student membership fee of 24 euros per member and (ii) a multi-tier corporate sponsorship stack led by Volkswagen as Title Partner, with Platin, Gold, Silber, Bronze, Basic, and Software tiers filled by organizations including NFF, TU Braunschweig, the Carolo-Wilhelmina-Stiftungsfonds, Sustainable Advertising, Bauer Metalltechnik, Siemens, Bertrandt, DLR, Vector Informatik, Infineon, Würth Elektronik, igus, LEMO, Altair, ANSYS, MathWorks, IPG Automotive, and ITS mobility. Sponsors receive logo placement on the vehicle, website, team clothing, and social media in exchange for financial and in-kind contributions of software, components, and manufacturing services. The team competes internationally at Formula Student events in Germany (Hockenheimring), the United Kingdom (Silverstone), the Netherlands (Assen), Austria, Italy, the Czech Republic, Spain, and Australia, and has historical recognition including 3rd place at Formula Student England 2004 (Best European Team), German Champion 2nd place at FSG 2008, Altair's 2013/2014 Best Weight Reduction Award, and EDAG's 2014 Integration Excellence Award. Go-to-market is community-led: recruitment occurs via university channels such as first-semester fairs, TU Night, and lecture visits, with prospective members submitting interest forms through the team website and applying for module-specific roles, project work, internships, or bachelor's and master's theses.

Name

Lions Racing Team

Legal name

Lions Racing Team e.V.

Website

https://lionsracing.de

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

Lions Racing Team is a student Formula Student racing association at TU Braunschweig, founded in 2000, that designs and builds electric racing cars annually and competes internationally. Over 80 students from three universities work across seven technical and operational modules, funded by membership fees and a tiered corporate sponsorship stack led by Volkswagen.

Ownership category

akta.pro rank

Product category

Student motorsport racing team (Formula Student)

NAICS

Sports Teams and Clubs (711211)

SIC

Services-Racing, Including Track Operation (7948)

akta.pro primary industry

Motorsports Teams & Entrants (Factory & Independent) (MPAKAGAB)

akta.pro secondary industry

College/University Athletic Departments & Varsity Programs (MPAKACAB)

Keywords

• Formula student racing
• Electric race car
• Student motorsport team
• Autonomous driving systems
• Composite chassis manufacturing

Headquarters

HQ city

Braunschweig

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: Student members pay an annual membership fee of 24 euros per year. Additional voluntary costs may include team clothing, team events, and competition participation.
2. Sponsorship: Corporate sponsors provide financial and in-kind support at various tiers (Title Partner, Platin, Gold, Silber, Bronze, Basic). Sponsors receive logo placement on vehicle, website, team clothing, and social media exposure.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Lions Racing Team e.V. is a student-led Formula Student racing team at TU Braunschweig that each year designs, engineers, manufactures and races a fully electric race car (e.g., LR26 for the 2026 season) at international Formula Student competitions. The team also runs a student membership program across TU Braunschweig, HBK and Ostfalia, offering hands-on experience in electric powertrain, autonomous driving, CFD aerodynamics, CFRP chassis and project management.

Product overview

Lions Racing Team is a student-led Formula Student racing team at TU Braunschweig that designs, engineers, and competes with electric racing vehicles annually. The organization operates through seven specialized modules: Aerodynamics, Chassis, Suspension & Powertrain, Electronics (PowerElo), Driverless, Operations & Marketing, and Performance. The team's core product is the annual Formula Student electric racing car, with current vehicles including the LR26 (2026 season) and LR24 (2024 season). They also offer a membership program for students from TU Braunschweig, HBK, and Ostfalia to participate in the project, with opportunities spanning engineering design, manufacturing, business operations, and research thesis work.

Differentiator

Problem solved

Functional benefit

Products and services

• LR26 Electric Racing Car 2026 season Formula Student electric racing vehicle with monocoque carbon-aluminum sandwich chassis, 600V/7kWh battery, 80kW dual motor rear-wheel drive, generating 710N downforce at 60km/h, weighing 224.5kg with approximately 4 second 0-100 km/h acceleration. Built by Lions Racing Team e.V. for the Formula Student 2026 competition season.
• LR24 Electric Racing Car 2024 season Formula Student electric racing vehicle with monocoque carbon-aluminum sandwich chassis, 600V/7kWh battery, 80kW dual motor rear-wheel drive, weighing 210kg with approximately 3 second 0-100 km/h acceleration. Built by Lions Racing Team e.V. for the Formula Student 2024 competition season.
• Membership Program Student membership program offering opportunities for design, engineering, manufacturing, testing of electric race cars; access to company contacts; project management experience; and topics for theses and internships for students from TU Braunschweig, HBK Braunschweig, and Ostfalia. Members pay an annual fee of 24 euros.

Quantifiable outcome

• Over 80 students from 25+ degree programmes actively participate annually
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

19 partnerships are on record, tiered title partner, gold, platin, silber, basic, software and core.

• Volkswagentitle partnerStrategic or Co-development PartnerVolkswagen is the title partner of Lions Racing Team, providing primary sponsorship support. As a major automotive manufacturer, Volkswagen's support enables the team to develop competitive electric racing vehicles.
• Niedersächsisches Forschungszentrum Fahrzeugtechnik (NFF)title partnerStrategic or Co-development PartnerNFF is the Lower Saxony Research Centre for Vehicle Technology at TU Braunschweig. Lions Racing operates within this research center, gaining access to facilities and academic resources.
• Technische Universität Braunschweigtitle partnerStrategic or Co-development PartnerTU Braunschweig is the parent university of Lions Racing Team. The team is an official student association of the university, providing academic integration and institutional support.
• SiemensgoldTechnology or IntegrationSiemens provides software and technology solutions, likely including engineering design tools. The team uses Siemens NX for CAD development.
• BertrandtgoldTechnology or IntegrationBertrandt is an engineering services provider that likely supports with technical consulting or manufacturing capabilities for the racing vehicle.
• Sustainable AdvertisingplatinGTM or Marketing PartnerSustainable Advertising provides marketing and advertising support as a platinum sponsor, helping with team visibility and communications.
• Bauer Metalltechnik GmbH & Co. KGplatinTechnology or IntegrationBauer Metalltechnik provides metalworking and manufacturing capabilities, supporting the team with precision metal components for the racing vehicle.
• Deutsches Zentrum für Luft- und Raumfahrt (DLR)silberTechnology or IntegrationDLR provides research and technology collaboration, offering access to advanced aerospace and automotive research capabilities.
• Vector Informatik GmbHsilberTechnology or IntegrationVector provides automotive software and tools, likely for embedded systems development and testing in the vehicle electronics.
• Infineon Technologies AGbasicTechnology or IntegrationInfineon supplies semiconductor components for the vehicle's electronic systems, providing chips and power electronics.
• Wurth ElektroniksilberTechnology or IntegrationWurth Elektronik provides electronic components and connectors for the vehicle wiring and control systems.
• igus GmbHbasicTechnology or Integrationigus supplies polymer bearings, cable carriers, and motion plastics for the vehicle's mechanical systems.
• LEMOsilberTechnology or IntegrationLEMO provides precision connectors used in the vehicle's electrical systems for reliable signal and power connections.
• AltairsoftwareTechnology or IntegrationAltair provides simulation and optimization software for engineering analysis, including FEM and optimization tools.
• ANSYSsoftwareTechnology or IntegrationANSYS provides simulation software for computational fluid dynamics and structural analysis of vehicle components.
• MathWorkssoftwareTechnology or IntegrationMathWorks provides MATLAB and Simulink software for simulation, control systems design, and data analysis.
• IPG AutomotivesoftwareTechnology or IntegrationIPG Automotive provides simulation solutions for vehicle dynamics and testing, supporting the team's simulation capabilities.
• Professor Dr. Anke Kaysser-PyzallacoreStrategic or Co-development PartnerFormer President of TU Braunschweig and current Chairwoman of DLR board. Provides institutional support and endorsement for the team, quoted as saying 'We are proud to be able to support such a motivated team at our university.'
• ITS mobilitysilberTechnology or IntegrationITS mobility is a mobility research association that supports the team with expertise and resources in intelligent transportation systems.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCi8an8Wa9ZTmrIHv58Eu_hQ
• Facebookfacebook.com/lionsracingteam
• LinkedInde.linkedin.com/company/lions-racing-team
• Instagraminstagram.com/lionsracingteam
• Xx.com/lionsracingteam

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lions Racing Team