Radical Motorsports is relocating its headquarters to Donington Park in Leicestershire.
The race car company, which launched in 1997 and has built more than 2,800 cars, is taking over the former Formula E headquarters at the ex-Formula 1 circuit. Its original Peterborough factory will be kept on as its manufacturing and production base.
Radical said it sold more cars in 2022 than at any other time in its history and now wants to build on that success, with the new corporate head office set to open this spring.