B3 buyout brings leading F1 innovators together

Leading engineering design and manufacturing business, B3 Technologies, has been the subject of a buyout that has united some F1’s most successful designers and engineers.

Set up by John Barnard, himself a respected F1 designer, as a “skunkworks” operation for Ferrari, B3 Technologies is now owned by a consortium under the leadership of new CEO John Minett, the company’s former Commercial Director.

At the launch, Mr. Minett said: “Born out of the F1 industry, B3 Technologies has a long tradition of supplying high quality design and manufacturing services to F1 and other industries. It is a superb foundation on which to build, with our fantastic new team. We will be looking to strengthen our role as a leading supplier in motorsport, as well as increasing our market share in aerospace, medical equipment and other high tech industries.”

Joining Mr. Minett on the board are Steve Nichols, Technical Director and Matthew Jeffreys, Operations Director, both highly respected F1 innovators.  John Allen is the company’s CFO, a keen amateur competitor in motorsport and a respected businessman having started and floated several companies in the IT industry.