Under the agreement, the school and the operator of Hungary's Formula 1 circuit will partner on the establishment of the Motorsport Innovation and Development Science Park (Minds Park) at the race track in Mogyoród, on the outskirts of the capital.
The cooperation aims to advance automotive industry instruction and research, as well as motorsport, in Hungary.
László Palkovics, who heads the school's board of trustees, said the partnership between academia, motorsport, and the private sector could help turn Széchenyi István University into a "one-of-a-kind" knowledge center for the automotive industry in Central Europe.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
