VIDEO INTERVIEW: Karting firm puts the pedal to the metal

TEAMWORKS Karting, the Birmingham-based indoor go-karting company, has opened its third site with a new venture in Letchworth.

The company, the first to be floated on the ‘West Midlands stock exchange’, InvestBX is emerging from the recession with an aggressive growth strategy and founding director Simone Schehtman, says more track acquisitions within and outside the region are on the cards.

In a video interview with TheBusinessDesk.com, Ms Schehtman, said the company was confident increased revenues from the new site would fund its immediate expansion plans.

VIDEO 1:  Teamworks opens its third track

 Here, she talks of the launch of the new track, the company’s experiences as InvestBX’s first guinea pig, and hopes for the future.

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VIDEO 2: Kostly karts and a unique business model

Unusually for karting enterprises, Teamworks is aiming for a chain of tracks under a unified brand, bringing essential economies of scale to a business running high capital-cost electric vehicles.

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VIDEO 3: Racing the recession

 The company’s second track opened in Reading in 2008, and was almost immediately scuppered by the onset of the credit crunch, which saw an exodus of the corporate market which was Teamworks’ bread and butter revenue stream. However, perseverance and a refocusing on retail has paid off, and now the company is exploiting low commercial property prices to drive forward its expansion strategy.

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VIDEO 4:  Into the future

With an eye on further investment, Ms Schetman outlines the structure of the company, but is coy about where Teamworks will pop up next.

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