Megatech (Indonesian company)
| Joint-owned corporation | |
| Fate | N/A |
| Founded | N/A |
| Defunct | N/A |
| Headquarters | Indonesia (registered in Bermuda) |
Key people | Hutomo Mandala Putra |
| Products | development supercars |
Projected Megatech F1 engine
Megatech is a Bermuda-registered company that pursued the development of various supercars. It is jointly owned by Hutomo (Tommy) Mandala Putra, the youngest son of President Suharto of Indonesia, and Mycom Setdco, a Bermuda-based subsidiary of Mycom Bhd.[1]
In 1994 it purchased the Lamborghini brand for $40 million.[1] It then sold it to Audi AG in 1998 for $110 million. It also led to the downfall of the Vector brand.
References
- ↑ 1.0 1.1 Jacques Neyer (February 9, 1994). "Toy or Supercar for Asia?". The New York Times. Retrieved 2014-03-18.