Football legend David Beckham has taken a 10% stake in Silverstone Park-based business Lunaz, which predicts it will be employing 500+ people by 2024.
Having recently expanded to larger 40,000 sq ft premises at Silverstone Park, the vehicle electrification company confirmed Beckham as one of its investors – others include the Barclay, Reuben and Dellal families.
Beckham said: “Lunaz represents the very best of British ingenuity in both technology and design.
“I was drawn to the company through their work restoring some of the most beautiful classic cars through upcycling and electrification.
“David Lorenz and his team of world-class engineers are building something very special and I look forward to being part of their growth.”
The wider Lunaz Group is forecasting it will double the number of jobs for engineers and manufacturing technicians by 2021, with that figure increasing to more than 500 highly skilled positions three years later.