Cosworth Changes Leadership For Brighter Future

Cosworth, the global leader in automotive powertrain technologies, has announced a significant change in its leadership team as it prepares for sustainable growth and future success. Gerald Forsythe, through one of his companies, Indeck-Cosworth, LLC, which is one of the two Cosworth shareholders, has been appointed Chairman. He has enlisted the services of the leading luxury automotive and motorsport consultancy, R-Universe, to join him on the leadership team. Dr. Florian Kamelger has been appointed as Cosworth’s new CEO, and Dr. Andreas Baenziger will become Deputy Chairman. Both will join the company’s Board of Directors.

The new leadership team will now begin a comprehensive evaluation of the business, focusing on leveraging Cosworth’s core expertise in developing and manufacturing world-leading powertrains. They aim to utilize the talent within Cosworth’s different business units—Cosworth Propulsion, Delta Cosworth, and Cosworth Electronics—while also investing in new technologies to maintain the company’s position at the forefront of automotive propulsion.

Wise Words From Leaders

Gerald Forsythe, Chairman, Cosworth “After many years as a shareholder of Cosworth I am delighted to take on the role of Chairman. Cosworth is a world-class company, with world-class talent and expertise, and a customer base that is the envy of the industry. The shareholders’ commitment to the future of business has never been better but now is the time to take it to the next level. We remain convinced that internal combustion engines have a long future, powering cars in the luxury sector - and it is this core sector where we see the most opportunity for sustainable growth. This is one of the many reasons why we have sought the unparalleled expertise of R-Universe. I am convinced that with Florian as our new CEO and Andreas joining me on the board, we have the right leadership team to propel Cosworth to even greater success. On behalf of the Cosworth family, I’d also like to extend my heartfelt thanks to Hal for his dedicated leadership. We wish him all the best for the future.”

Dr Florian Kamelger, CEO of Cosworth “I am hugely excited to be taking on this new challenge. Cosworth is an illustrious brand that I have always admired, and it is an honour to be asked to lead a team of such outstanding talent, preparing the business for an exciting future. There will be changes that we have to make, as Cosworth has seen many in its 66-year history. Every time it has emerged stronger, fitter and at the forefront of automotive technology. It deserves to be seen as a truly global luxury automotive brand, and the entire team will be working tirelessly to achieve that.”

Cosworth Innovations

Cosworth was founded in 1958 by legendary Lotus engineers Mike Costin and Keith Duckworth. It is headquartered in Northampton, UK, and has a facility in Indianapolis, USA. Throughout its history, Cosworth has been at the forefront of innovation, collaborating with global partners to deliver cutting-edge propulsion and technology systems to the automotive, motorsport, aerospace, and marine sectors. The company has also achieved 176 wins as an engine supplier in Formula One, ranking third in most wins behind Ferrari and Mercedes. Currently, Cosworth is developing bespoke V12 engines for Gordon Murray Automotive and Aston Martin and has recently announced a partnership with the revitalized Bizzarrini brand. The company includes electrification specialisms through its Delta Cosworth and Cosworth Electronics divisions, focusing on high-voltage battery development and production, as well as hybrid and EV control systems, drivetrains, and full vehicle programs.