Pankl Racing Systems AG engages in the development, production and distribution of engine and drive systems for motor racing, luxury cars, and aerospace industry. It operates through the following business segments: Racing/High Performance, Aerospace, and Others. The Racing/High Performance segment offers engine and drivetrain components for motor racing and luxury automotive industry. The Aerospace segment supplies complex drive-train components, engine shafts, in-flight refueling tubes, and landing-gear parts for fixed and rotary-wing aircraft. The Others segment includes the business activities of the holding, group financing, and general partner firms. The company was founded by Gerold Pankl in 1985 and is headquartered in Kapfenberg, Austria.