Brabham Group, Fusion Capital Terminate Collaboration

The collaboration between Brabham Group and Fusion Capital, operator of the Brabham Automotive company, has been terminated after a six-year tenure that saw the illustrious name most notably compete in the Fanatec GT2 European Series and break the Mount Panorama lap record.

Brabham Group director David Brabham confirmed via a statement on social media on Thursday that the relationship between the two parties has come to an end.

“Brabham Group Limited (BGL) and Fusion Capital, the majority shareholder, sole funder and operator of the Automotive company that bears the famous Brabham name, announce that after six years of collaboration, the arrangement has now come to an end,” the statement read.

“The decision to end the relationship was made after careful consideration and what was in the best interests of all parties and the brand.”

The multi-year collaboration between the two parties included the design, development and production of the BT62 and BT63, which saw action in various championships around the globe.

The BT62 initially debuted in the Britcar Endurance Championship in 2019 and also saw action in GT Cup and New Zealand’s South Island Endurance Series.

Brabham Automotive announced an intention to join the GTE-Pro class in the FIA World Endurance Championship in 2019, targeting a 2021 debut.

The GTE-Pro plans never came to fruition, nor did an evaluation to join WEC’s at that point emerging Hypercar ruleset, although the BT62 did set the unofficial lap record for a non-single seater car at Mount Panorama Circuit during a demonstration lap ahead of the 2019 Bathurst 12 Hour.

Brabham revealed a derivative of the BT62 aimed at GT2 competition in August 2021, named the BT63, which would make its GT2 European Series debut with High Class Racing later that year.

The Danish squad would go on to campaign the car for the full 2022 season, with Anders Fjordbach and Kevin Weeda picking up a race win at Misano and three further podium finishes.

“While it is regrettable that our relationship with Fusion Capital has come to an end, the collaboration helped further evolve Brabham to a new and exciting future,” said David Brabham.

“With the brand license for Automotive ended, it opens the doors for future business ventures in the Motorsport, Automotive and Heritage sectors. I would like to personally thank everyone who contributed and supported to this project over the years.”

Fusion Capital chairman Mat Fitch indicated in issued comments that “the strategic direction of both groups did not align,” while BGL, owner of the racing brand, stated that they are “committed to projects that push the limits and defy convention in the motorsport and automotive sectors.”