We knew about the scheme in general terms but never considered a motorsport business might be eligible, despite our significant budget for development work.Nigel Snook Owner, FS-3 Racing
About FS-3 Racing
FS-3 Racing was formed in 2015 after the meeting of minds between Nigel Snook and Darren Fry. Darren was keen to remain part of the British Superbike Paddock and agreed to form the company with his kindred spirit Nigel Snook. They started racing with one second hand bike back in 2016. Today, they run a full factory Kawasaki two man superbike team.
Vantage met with the team at its facility in Coventry and had in depth discussions with the engineers regarding the development of the Kawasaki bike. Nigel told us, "We have been delighted by the knowledge and general engineering understanding demonstrated by Vantage R&D of the R&D tax credits scheme, which has enabled us to make a number of accurate and successful claims."
"The tax credits we have received have enabled the team to increase its investment in development work. This in turn enabled us to win races for the first time in 2019 and finish in the top four of the most competitive domestic superbike racing championship in the world."