Universitas Indonesia Racing Team

Name

Universitas Indonesia Racing Team

Legal name

Universitas Indonesia Racing Team

Website

https://uiracingteam.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Universitas Indonesia Racing Team (UIRT) is a university-affiliated student engineering organization based in Depok, Indonesia that designs, builds, and races Formula Student single-seater combustion race cars, competing internationally to develop Indonesian motorsport engineering talent.

Ownership category

akta.pro rank

Product category

Formula Student Racing

NAICS

Sports Teams and Clubs (711211), Motor Vehicle Manufacturing (3361)

SIC

Sporting & Athletic Goods, Nec (3949), Engines & Turbines (3510)

akta.pro primary industry

Motorsports Teams (F1, NASCAR, IndyCar, Rally, MotoGP, etc.) (MPAKABAB)

akta.pro secondary industries

Passenger Vehicle Platform Engineering & Integration (ICE) (IMACAAAB), Internal Combustion Engine (ICE) Manufacturing (Gasoline/Diesel) (IMACAHAA)

Keywords

• Formula Student racing
• Motorsport engineering
• Student race team
• Vehicle design manufacturing
• Automotive engineering education

Headquarters

HQ city

Depok

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure, Personnel

Revenue model

1. Sponsorship and Partnership Revenue: UI Racing Team operates entirely on sponsorship and partnership funding from corporate sponsors who support the team's participation in Formula Student competitions. The team offers sponsors brand exposure, access to talent, and participation in automotive industry events.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Universitas Indonesia Racing Team (UIRT) is the only Formula Student combustion vehicle team from Indonesia, based at Universitas Indonesia in Depok. The team designs, engineers, and manufactures purpose-built formula-style race cars for international Formula Student competitions, developing internal combustion powertrains, chassis, and aerodynamics packages. The team operates as an engineering and talent-development program supported by corporate sponsors.

Product overview

UI Racing Team is a university student organization at Universitas Indonesia that designs, engineers, manufactures, and competes with Formula Student single-seater race cars. The team operates a portfolio of three generations of cars — UIRT-01 (first-generation), UIRT-02 (second-generation with steel spaceframe and carbon fibre aerodynamics), and UIRT-03 (latest car featuring tubular chassis, lightweight fibre body, and Haltech ECU). The team also provides a student engineering development program through participation in international Formula Student competitions, encompassing static events (business plan, cost, engineering design) and dynamic events (acceleration, skidpad, autocross, endurance). There is no commercial software product or SaaS offering — the organization's outputs are physical race cars and engineering competition participation.

Differentiator

Problem solved

Functional benefit

Brands

• UIRT-01: First generation Formula Student car built by UI Racing Team, competed in Formula SAE Japan 2018.
• UIRT-02
• UIRT-03

Products and services

• UIRT-01 First-generation formula-style race car built by the team for Formula Student competition, powered by a Yamaha Y15ZR engine with a tubular steel spaceframe chassis.
• UIRT-02 Second-generation Formula Student race car featuring a Yamaha Y15ZR engine, Haltech Elite 2500 ECU with custom-tuned Brake System Plausibility Device, double wishbone suspension, and a carbon fiber aerodynamic package.
• UIRT-03 Third-generation Formula Student race car under development, targeting Formula Student Czech 2025 with refinements to chassis, powertrain, and aerodynamic systems.
• Formula Student Competition Participation International Formula Student competition participation program, including Formula SAE Japan (2018) and Formula Student Czech (2024–2025), delivering design scrutiny, cost analysis, and dynamic event racing.

Quantifiable outcome

• 3rd place Business Plan Presentation, 6th place Cost and Manufacturing, 11th place Autocross, 13th overall at FS Czech 2024
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered gold, core, minor and lite silver.

• PertaminagoldGTM or Marketing PartnerPertamina is a major Indonesian state-owned oil and gas company and primary fuel sponsor of UI Racing Team. Their support helps power the team's race cars with Pertamax Turbo fuel.
• IGUScoreTechnology or IntegrationIGUS provides advanced bearing products and polymer components that improve vehicle performance. Their support helped UI Racing Team pass technical scrutineering at FS Czech 2024.
• SeikencoreGTM or Marketing PartnerSeiken Chemical Industry Co., Ltd. (Japan) partner providing automotive chemical products including brake fluid, coolant, and engine lubricants. Also conducted coaching clinic for the team.
• OhlinscoreTechnology or IntegrationSwedish suspension manufacturer providing high-performance shock absorbers for the team's Formula Student race cars.
• HaltechcoreTechnology or IntegrationProvides Elite 2500 Electronic Control Units with advanced engine management capabilities including BSPD and BOTS safety functions.
• Tzu Chi HospitalminorGTM or Marketing PartnerSupported UI Racing Team during FS Czech 2024 competition, providing encouragement and moral support throughout the event.
• Universitas IndonesiacoreStrategic or Co-development PartnerHost institution providing workshop facilities (Pusgiwa), institutional support, and access to student talent pool for team recruitment.
• AltaircoreTechnology or IntegrationProvides simulation and engineering software for aerodynamic analysis, structural analysis, and vehicle dynamics optimization.
• Bosch IndonesiaminorGTM or Marketing PartnerGerman technology company conducting Career Connect internship program at Universitas Indonesia, promoting career opportunities for students.
• Gaya Makmur Mobil (GMM)minorGTM or Marketing PartnerHeavy duty truck and heavy equipment distributor providing internship opportunities for UI students interested in automotive industry.
• Sunlulite silverTechnology or Integration3D printing and manufacturing technology partner for the team.
• Formula Student Czech RepubliccoreStrategic or Co-development PartnerInternational engineering design competition where UI Racing Team competes annually, judged on vehicle design, manufacturing, cost, and business presentation.
• Formula SAE JapancoreStrategic or Co-development PartnerFirst international competition UI Racing Team participated in (2018), marking the start of their global competition journey.

Scale indicators3 records

Recent moves3 records

Direct peers

• University of Bath Racing: University of Bath's long-running Formula Student team with strong UK and European FS participation. Comparable as an established European university FS program competing internationally with corporate sponsor backing and continuous car generation development.
• AMZ Racing: ETH Zurich's Formula Student team and one of the world's most successful FS programs across CV and EV classes. Directly comparable as a university student racing team that designs, builds, and races formula-style cars in international Formula Student/SAE competitions, with similar corporate-sponsorship structures.
• Unair Racing Team (Universitas Airlangga): Universitas Airlangga's Formula Student team. Comparable as another Indonesian university FS program operating on sponsorship funding, competing for national ranking and limited domestic motorsport talent pool.
• TU Graz Formula Student: Graz University of Technology's Formula Student team. Comparable as a leading Austrian university FS team with multi-year track record in European FS competitions and similar multinational corporate sponsorship structure.
• UPI Racing Team (Universitas Pendidikan Indonesia): Universitas Pendidikan Indonesia's Formula Student team. Directly comparable as another Indonesian university FS program with similar scale, sponsor model, and competing for the same domestic talent pool and national ranking position.
• Delft University of Technology Formula Student Team: TU Delft's Formula Student team and one of Europe's top programs. Comparable as a leading international FS team (CV and EV) competing at Formula Student Czech Republic events, providing direct head-to-head competitive benchmark against UI Racing's FS Czech placements.
• ITS Automotive Racing (Institut Teknologi Sepuluh Nopember Surabaya): Institut Teknologi Sepuluh Nopember Surabaya's student racing team competing in Formula Student events. Directly comparable as another Indonesian university FS team drawn from the same national talent pool and domestic competition context, providing the closest national-level peer benchmark.
• KIT Motorsport (Karlsruhe): Karlsruhe Institute of Technology's Formula Student team with a strong combustion-vehicle track record. Comparable as a leading European university FS program competing in Formula Student Germany and Czech events with multi-year corporate sponsor pipelines.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/uiracingteam
• YouTubeyoutube.com/@uiracingteam
• Facebookfacebook.com/uiracingteam
• LinkedInlinkedin.com/company/universitas-indonesia-racing-team
• Instagraminstagram.com/uiracingteam
• TikToktiktok.com/@uiracingteam?is_from_webapp=1&sender_device=pc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Universitas Indonesia Racing Team