available as a Caterham and an Alpine when it goes on sale in 2016. MGI Engineering Ltd MGI Engineering is a company founded by Gascoyne in 2003 originally under the name of MGI Motorsport with facilities based in Oxfordshire, UK. The company's main focus is in developing lightweight composite solutions for application in the aerospace, motorsport, automotive and marine sectors. In recent years the company has increasingly focused on the electric vehicle and sustainability markets with a focus on developing technical solutions for electric flight by applying technologies, systems and agile processes from F1 to the development of eVtol aircraft. Class 40 racing program On 15 May 2013 MGI announced that Caterham Technology and Caterham Composites, had joined with MGI CEO Gascoyne and MGI Sailing Director Brian Thompson to run a Class40 offshore racing campaign under the banner of 'Caterham Challenge'. This two-year campaign followed on from Gascoyne's successful 2012 solo transatlantic aboard a 'Caterham Challenge' branded Class40. The campaign objectives were to bring F1 standards of technology and logistics to off-shore racing, to encourage green, sustainable and reusable energy technologies in the marine, automotive and aerospace sectors and to utilize Caterham's extensive experience in F1, R&D, engineering, competitive sailing and sports marketing. MGI built an Akilara RC3 Class40 named Silvi Belle 2 and launched the racing boat in late August. The racing yacht was first on public display during the Southampton boatshow 2013 followed by sailing and training in The Solent and the English Channel. Silvi Belle 2 started at the Transat Jacques Vabre on 7 November 2013 under the name of Caterham Challenge with Gascoyne as skipper and Brian Thompson as co-skipper, leaving Le Havre, France for Itajai, Brazil. Rolex Fastnet Race 2015 In 2015, the Class 40 racing yacht Silvi Belle 2, Sail Number GBR 132, sailed by a crew of 4 consisting of Gascoyne (skipper), Phil Sharp, James French and Adrian Kuttel finished 3rd in the 2015 edition of the Rolex Fastnet race. The team crossed the finish line in Plymouth on 20 August 2015 at 00:27:10, having completed the 608 miles in 3 days 12:17:10 throughout a mixed weather of very light winds and strong currents at the start and strong winds and choppy seas on the way back from the Rock. Silvi Belle 2 led the Class 40 fleet around the Fastnet Rock when it passed the landmark on 19 August at 00:41:07. Other