Blendini secures a seven figure loan from the Development Bank of Wales to fund its relocation
The funding follows a previous loan during the pandemic and allows the motorsport business to expand into a larger facility.
Blendini is a professional motorsport business that operates race cars and provides supercar experience days.
Professional motorsport business Blendini has secured a substantial seven figure loan from the Development Bank of Wales to fund its relocation and expansion.
Founded in 2010 by championship winning driver Tom Roche, the company has moved from Llantrisant to a 135,000 sq.ft site in Llandow. The new facility features two aircraft hangers and seven industrial units, providing the business with increased capacity for vehicle servicing and operational growth.
This transaction marks the second time the Development Bank has backed the firm, following previous support provided during the Covid-19 pandemic.
From the founder
"Since my early days of racing, I have always believed that success is a team effort be that on the track or in the boardroom. We’ve got a great team at Blendini and with the continued support of the Development Bank, we now have the right premises to supercharge our growth and reduce operational costs. It’s a win-win as we continue to see increased demand for our experience days and associated services."
Tom Roche
Managing Director at Blendini
Investor perspective
"From a young age, Tom has been passionate about cars and enjoys sharing his passion with those who share his love of supercars and want to experience different vehicles. Our focus is always on building long-term relationships so having helped Tom to get the business through Covid and seen the potential for long-term growth, we were keen to continue our support for this market leading business. What’s more, our investment secures the base of Blendini in Wales as they continue to expand throughout the UK."
Richard Jenkins
Portfolio Monitoring Executive, Development Bank of Wales
Use of funds
- 01Scale operations
- 02Build out infrastructure