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LVGEM Confirms as Title Sponsor for the 2020 Bathurst 12 Hour

Updated: Jun 5, 2020


Mercedes-AMG Team Craft-Bamboo Black Falcon heads to the 2020 Bathurst 12 Hour with an all-star line-up consisting of Mercedes-AMG Factory Drivers Maro Engel (GER), Luca Stolz (GER) and Yelmer Buurman (NED), all sharing the wheel of the brand new #77 Mercedes-AMG Team Craft-Bamboo Black Falcon Mercedes-AMG GT3 Evo. The three have all had experience of the fast and flowing Mount Panorama circuit, and confidence is high as the preparations ramp up.

LVGEM also confirms the title sponsorship of Mercedes-AMG Team Craft-Bamboo Black Falcon for the 2020 Bathurst 12 Hour. The Chinese Real Estate Investment company returns to the race track with Craft-Bamboo Racing, after having previously partnered with the team for the 2019 Suzuka 10 Hours. LVGEM, a well-known real estate developer and commercial property operator in the fast-growing metropolis of Shenzhen, share the same passion for success as Craft-Bamboo Racing. LVGEM’s focus have been in the core Guangdong-Hongkong-Macau area, and their success have merited a top 10 ranking for 7 straight years in the Shenzhen Real Estates Industry.

After challenging for outright victory for much of the 2019 edition of the Bathurst 12 Hour, including a monumental fight back through the field to lead several hours of the race, contact in the seventh hour of the race led to a technical issue, which ended the team’s challenge. Craft-Bamboo Racing has set a clear target for victory in 2020, in order to better the teams’ best finish of P3 overall at Mount Panorama in 2015.

LVGEM Real Estate Investment Company LVGEM (China) Real Estate Investment Company Limited (LVGEM (China) Real Estate, Stock Code:00095.HK) is a well-known comprehensive real estate developer and commercial property operator in Shenzhen and the pioneer in urban redevelopment. The company has been ranked in top 10 for 7 consecutive years in Shenzhen Real Estates Industry in terms of comprehensive strength.

The main projects of the company are located in the core area of Guangdong-Hongkong-Macau Bay Area. Core brands of residential projects include “LVGEM Hongwan Garden” and “LVGEM Mangrove Bay No.1”, and commercial projects include “NEO” and “Zoll”. The stock of LVGEM (China) Real Estate was listed as one of the first eligible stocks under the Shenzhen-Hong Kong Stock Connect, and has become a great charm for Mainland Chinese investors. QUOTES

Darryl O’Young | Director of Craft-Bamboo Racing Craft-Bamboo Racing has a strong history in this race, competing on several occasions with a best finish of p3 overall, and coming really close to the victory in 2018. We definitely have unfinished business at this event, our race last year was going well, leading several hours of the race but ultimately retiring 7 hours in after some contact. This year we have a very strong line-up, with Maro Engel, Luca Stoltz and Yelmer Buurman all having driven with the team in the past. It’s also great to be working with Black Falcon again this year, the partnership last year was very successful so we decided to combine efforts again this year. LVGEM was also our title sponsor for the 2019 Suzuka 10 hour, and it’s great to have them return as a partner for the 2020 Bathurst 12 Hour, which is our second Intercontinental GT Challenge race working together.

Sean Paul Breslin | Director of Black Falcon “We excited to be back at Mount Panorama again in partnership with Craft-Bamboo Racing. Together we have unfinished business from 2019 and can’t wait for the action to get going next week.”

Maro Engel | Driver #77 Mercedes-AMG GT3 Evo “Really looking forward to going back to Bathurst, it’s always a highlight on the calendar and a fantastic circuit, and the Australian fans are also equally amazing. I’m also excited for Craft-Bamboo and Black Falcon working together; two powerhouse teams in the Mercedes-AMG Customer Racing program. It is also a very exciting prospect racing together with Luca and Yelmer, we have raced together full time in Europe, and I think we have all the ingredients to put up a strong challenge in Bathurst. To add to the excitement, it will be our first race with the 2020 Mercedes-AMG GT3 Evo, and big thanks to all those that made it possible for us to race this new car in Bathurst. Looking forward to pushing it to its limits across the top of the mountain!”

Yelmer Buurman | Driver #77 Mercedes-AMG GT3 Evo “Really looking forward to being back in Bathurst. It was my first time there last year with a Pro-Am line-up and I managed to adopt to the circuit pretty fast. For this year we have a full Pro line-up with a very competitive team and teammates. I’ve been driving with Maro and Luca for the last few years and I think we have a very strong combination of drivers; we know what to expect from each other and we work well together. Besides that, because of the Craft-Bamboo Black Falcon partnership, we will have our regular race engineer which will give us another boost. Looking forward to getting on track!”


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