Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

GENESIS UNVEILS LUXURY PERFORMANCE VISION WITH GENESIS MAGMA RACING, BACKED BY HYUNDAI MOTORSPORT

(PRNewsfoto/Genesis Motor America)

News provided by

Genesis

Dec 04, 2024, 09:00 ET

Share this article

Share toX

Share this article

Share toX

  • Newly launched Genesis Magma Racing will draw on Hyundai Motorsport's expertise in global motorsport as it embarks on an endurance program in WEC and IMSA
  • Unveiling of Genesis GMR-001 Hypercar, a high-performance prototype that embodies the brand's design philosophy, Athletic Elegance
  • The Genesis strategy in motorsport revealed alongside team drivers André Lotterer and Luis 'Pipo' Derani
  • Genesis Magma Racing will field a two-car entry in WEC (2026) and IMSA (2027) with support from endurance specialists ORECA Motorsport and IDEC Sport
  • As part of its preparations, an LMP2 team will compete in the 2025 European Le Mans Series

DUBAI, UAE, Dec. 4, 2024 /PRNewswire/ -- Genesis today unveiled its bold new vision for the future of high-performance luxury. In an exciting debut in Dubai, the brand introduced Genesis Magma Racing, marking its first major milestone in the motorsport arena. The event showcased Genesis' ambitions in endurance racing, illustrating the brand's dedication to innovation, speed, and passion.

Bringing Athletic Elegance to Endurance Racing

Continue Reading
The centerpiece of Genesis’ motorsport ambitions, the Genesis GMR-001 Hypercar, was revealed at an exclusive event in Dubai alongside the announcement of Genesis Magma Racing.
The centerpiece of Genesis’ motorsport ambitions, the Genesis GMR-001 Hypercar, was revealed at an exclusive event in Dubai alongside the announcement of Genesis Magma Racing.
Genesis Magma Racing Logo
Genesis Magma Racing Logo

Hyundai Motorsport GmbH (Hyundai Motorsport) underpinned the global race and rally activities for Hyundai Motor Group for over ten years and will now support the Genesis motorsport operations in the prestigious World Endurance Championship (WEC) in 2026, followed by participation in IMSA SportsCar Championship (IMSA) in 2027. This venture will position Genesis on the world's most challenging tracks, showcasing the brand's engineering expertise and endurance capabilities.

Endurance racing represents one of the most prestigious and challenging disciplines in motorsport, demanding speed, reliability, and strategy over extended periods. Iconic events like the 24 Hours of Le Mans and the Daytona 24 require teams to balance peak performance with durability and efficiency, testing both the cars and drivers to their limits.  

At the heart of endurance racing is the LMDh (Le Mans Daytona h) class—a premier category that combines cutting-edge hybrid technology with standardized components to ensure cost control and competitive parity. LMDh cars compete in WEC and IMSA, making them a global platform for showcasing engineering excellence and innovation.  

By entering the LMDh category, Genesis joins an elite group of manufacturers vying for success on the world's most prestigious racing stages. This move marks a significant milestone for the brand, demonstrating its ability to innovate under the extreme conditions of motorsport while maintaining its commitment to luxury and sustainability.

"This entry into motorsport is a natural evolution for Genesis," said Luc Donckerwolke, Chief Creative Officer of Genesis. "As we look to push the boundaries of our brand, motorsport allows us to bring the spirit of hyperspeed—which drives how we create and innovate—in a way that aligns perfectly with our core values: Audacious, Progressive, and Distinctly Korean."

Introducing the GMR-001 Hypercar

The centerpiece of Genesis' motorsport ambitions, the Genesis GMR-001 Hypercar, was revealed alongside the announcement of Genesis Magma Racing. With its striking design, the GMR-001 Hypercar embodies Genesis' commitment to "Athletic Elegance" in a high-performance, endurance-ready package.

Another highlight of the event included the reveal of the Genesis Magma Racing logo, which draws direct inspiration from the Korean alphabet, hangeul, spelling of "Magma" (마그마). The design incorporates the consonants "ㅁ," "ㄱ," and "ㅁ" as its foundational elements, creating geometric shapes that serve as a dynamic visual representation of Genesis' heritage.

"The logo seamlessly blends innovation with cultural authenticity, symbolizing the brand's distinctly Korean identity and its bold entry into motorsport," added Donckerwolke.

Accurately styled with Genesis' signature Two Lines lighting, the GMR-001 Hypercar projects a confident stance on the track. The sleek, horizontal lights wrap around the front and rear, emphasizing both width and aerodynamic purpose. This unique lighting seamlessly integrates into the car's flowing bodywork, underscoring Genesis' minimalist design principles while enhancing visual impact in any environment.

Meticulous surface design characterizes the body, with each panel crafted to evoke movement, even when the vehicle is at rest. Inspired by Genesis' Magma lineup, the exterior combines subtle sculptural details that underscore the car's athleticism and high-speed agility. Smoothly contoured surfaces guide airflow across the body, optimizing aerodynamic efficiency while emphasizing the car's assertive character and confident stance.

Integrating functional elegance and power, the side profile of the GMR-001 Hypercar features a sweeping parabolic line, a Genesis hallmark that transitions fluidly from front to rear. This line enhances airflow toward the rear diffuser, improving downforce and handling on the track. A concave rear section, framed by an active spoiler, adjusts to driving conditions, balancing drag reduction with stability for high-speed racing.

Reflecting Genesis' forward-thinking design, the GMR-001 Hypercar was developed at Genesis Design Europe under the guidance of Luc Donckerwolke. The car's distinctive black finish and design cues drawn from the Magma lineup signal a powerful new era for Genesis performance vehicles. The model serves as both a tribute to Genesis' design DNA and a forward-looking inspiration for upcoming models, embodying a balance of elegance and raw racing capability.

Donckerwolke added, "The GMR-001 Hypercar and our Magma models represent a fusion of Genesis' performance ambitions with our design-driven DNA. From the intense orange of Magma, symbolizing Korean passion and energy, to the precision engineering behind each component, we are entering a new chapter, where speed meets elegance."

Genesis Magma Racing to Rollout in Hyperspeed

Hyundai Motorsport will play an integral role in driving Genesis Magma Racing's plans in endurance racing, with President Cyril Abiteboul serving as Team Principal for Genesis Magma Racing. Having recently secured titles in the FIA World Rally Championship (WRC) and TCR World Tour, Hyundai Motorsport is well-prepared to support Genesis in this bold new venture, working alongside trusted and equally ambitious partners.

"The official launch of Genesis Magma Racing is a momentous occasion," said Cyril Abiteboul, President of Hyundai Motorsport GmbH and Team Principal of Genesis Magma Racing. "As the backbone of Hyundai Motor Group's global motorsport activities, Hyundai Motorsport will play a vital role in this latest ambitious program. We are elevating our circuit racing expertise to a whole new level as we prepare to compete in some of the world's most challenging series."

Driving the Future of Genesis Magma Racing

The combined expertise of the team behind Genesis Magma Racing is matched by the talent of the drivers who will take the wheel of the GMR-001 Hypercar. André Lotterer and Luis 'Pipo' Derani will lead the charge in 2025, taking on technical development duties for the car and conducting simulator sessions to prepare for the debut LMDh season in 2026, where they will both serve as race drivers.

"I am beyond thrilled and thankful to join the Genesis brand for its entry into endurance racing," said Genesis Magma Racing Driver, Andre Lotterer. "After winning the FIA Hypercar World Endurance Drivers' Championship this year, this opportunity is the perfect fit for me to channel my work, experience, passion and motivation into a new project with a team of highly ambitious individuals. I am excited to start working on this project and build a successful future from the very beginning."

Lotterer's enthusiasm is echoed by his teammate, Luis 'Pipo' Derani, who shares the same drive and commitment to the Genesis endurance racing project.

"The ambition behind Genesis's endurance racing project and the track record of those involved was an opportunity I couldn't refuse," Derani said. "As a driver, being involved in a project from the start is highly rewarding. I look forward to bringing my experience of developing cars and winning titles to the team. Given the competitiveness of LMDh, it will be a big challenge, but I believe all the necessary ingredients are here to make this endurance journey successful."

Preparing Solid Foundations

Ahead of its WEC debut in 2026, the team will collaborate with IDEC Sport to field an LMP2 entry in the 2025 European Le Mans Series (ELMS), featuring a promising lineup of emerging talent. Logan Sargeant (USA), Jamie Chadwick (UK), and 19-year-old Mathys Jaubert (France) will join forces for the ELMS campaign, supporting Genesis Magma Racing's preparations for endurance racing.

Genesis Magma Racing will consolidate its operations at a permanent strategic base at Circuit Paul Ricard in the south of France, leveraging its proximity to ORECA Motorsport and IDEC Sport to streamline collaboration.

A Magma Showcase

The unveiling of the GMR-001 Hypercar and the announcement of Genesis' bold motorsport strategy are part of the brand's broader vision to redefine high-performance luxury. This vision extends beyond the racetrack and is embodied in the five unique Magma concept models that were displayed at the event, each representing the brand's relentless pursuit of excellence in design and innovation since the introduction of the GV80 Coupe Concept in April 2023.

The five models on display were: The GV80 Coupe Concept, G80 EV Magma Concept, the GV60 Magma Concept, the X Gran Berlinetta Concept, and the X Gran Racer VGT Concept. These concept models highlight the evolution of Genesis's high-performance capabilities and showcase the Magma Program's impact on the brand's direction for its next phase.

Genesis Motor North America

Genesis is a new global automotive brand that delivers the highest standards of design, safety, refined performance, and innovation while looking towards a more sustainable future. Drawing from its cultural heritage and distinctly Korean hospitality, Genesis crafts experiences focused on customers as "son-nim", or honored guests.

Genesis Motor North America offers a growing range of award-winning SUV, sedan, and electric models through its network of more than 200 independent U.S. retailers, in addition to its more than 30 Canadian agency distributors. Genesis now counts more than 70 standalone retail facilities across the North American region, with dozens more in development. Consumers can discover the brand through its many retail points, at Genesis House, the brand's flagship space in New York City, or online at www.genesis.com.

Please visit our media site for the latest news at www.genesisnewsusa.com (United States) and www.genesisnews.ca (Canada).

SOURCE Genesis

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3
440k+
Newsrooms &
Influencers
icon1
9k+
Digital Media
Outlets
icon2
270k+
Journalists
Opted In
GET STARTED

Modal title

Also from this source

GENESIS CELEBRATES THE OPENING OF THE GENESIS FACADE COMMISSION: JEFFREY GIBSON, THE ANIMAL THAT THEREFORE I AM AT THE METROPOLITAN MUSEUM OF ART

GENESIS CELEBRATES THE OPENING OF THE GENESIS FACADE COMMISSION: JEFFREY GIBSON, THE ANIMAL THAT THEREFORE I AM AT THE METROPOLITAN MUSEUM OF ART

Genesis today shared that as part of the multi-year partnership with The Metropolitan Museum of Art, The Genesis Facade Commission: Jeffrey Gibson,...

GENESIS INTRODUCES PRESTIGE BLACK TRIM IN NORTH AMERICA

GENESIS INTRODUCES PRESTIGE BLACK TRIM IN NORTH AMERICA

Genesis today announced the introduction of the Prestige Black trim level to the U.S. and Canadian markets, beginning with the 2026 model year G80...

More Releases From This Source

Explore

Automotive

Automotive

Transportation, Trucking & Railroad

Transportation, Trucking & Railroad

General Sports

General Sports

New Products & Services

New Products & Services

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.