Techniques d'Avant Garde
Encyclopedia
TAG Group SA is a private holding company based in Luxembourg City, in southern Luxembourg
. At the head is Mansour Ojjeh
son of the founder of the TAG Group Akram Ojjeh
, who was a wealthy Saudi entrepreneur. TAG is an acronym of Techniques d'Avant Garde.
TAG Heuer
was formed as a subsidiary in 1985 when TAG bought Heuer, a renowned watchmaker specializing in racing chronographs. Together they modernised the product line and became one of the biggest names in Swiss watches. TAG Heuer was separated from the group in the 1990s and was acquired by LVMH
in 1999 for $740 million USD. http://money.cnn.com/1999/09/13/europe/lvmh/
TAG Aeronautics is distributor of Bombardier
aircraft for the Middle East.
Based in Geneva, Switzerland, TAG Aviation is a provider of business aviation services, aircraft management, aircraft charter, maintenance, sales and acquisitions. TAG Aviation USA, Inc is a U.S. aviation management company located in San Francisco. TAG is a broker for and part owner of the AMI Jet Charter company in San Francisco that holds the FAA air carrier certificate to operate in the U.S. In late 2007 AMI Jet Charter's air carrier certificate was revoked by the FAA due to alleged operational control violations. However, there is ongoing speculation the FAA had other motives other than operational control. The company now operates solely as a broker of aircraft.
TAG Farnborough Airport Ltd. is a subsidiary of TAG Aviation which owns the freehold on Farnborough Airport
west of London in the United Kingdom. The freehold was bought from the UK MOD Ministry of Defence
in 2007 following the previous 99 lease agreement signed in 1999.
in the early 1980s and then supplied McLaren with TAG Turbo Engines with the help of Porsche
in the mid 1980s. The McLaren relationship continues to this day, with the TAG Group holding 21% of the McLaren Group
(the Bahrain Mumtalakat Holding Company, Ron Dennis
and Daimler AG own 42%, 21% and 16% shares respectively).
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...
. At the head is Mansour Ojjeh
Mansour Ojjeh
Mansour Akram Ojjeh is a French Saudi Arabia-born entrepreneur who owns part of TAG, a Luxembourg-based holding company with interests worldwide. Ojjeh is the CEO of TAG which owns 21% of the McLaren Group, the most important asset of which is the McLaren Formula One team.-References:*...
son of the founder of the TAG Group Akram Ojjeh
Akram Ojjeh
Akram Ojjeh was a Syrian born Saudi businessman. Ojjeh founded Techniques d'Avant Garde, an investment company focused on advanced technologies. Ojjeh was an intermediary in deals between Saudi Arabia and France, particularly arms sales. Ojjeh brokered the sale of tanks, aircraft, Thomson...
, who was a wealthy Saudi entrepreneur. TAG is an acronym of Techniques d'Avant Garde.
History
TAG was formed in 1975.TAG Heuer
TAG Heuer
TAG Heuer is a Swiss luxury watchmaker known for its sports watches and chronographs. It is a division of luxury goods company LVMH Moët Hennessy • Louis Vuitton. The company motto is "Swiss Avant-Garde Since 1860"...
was formed as a subsidiary in 1985 when TAG bought Heuer, a renowned watchmaker specializing in racing chronographs. Together they modernised the product line and became one of the biggest names in Swiss watches. TAG Heuer was separated from the group in the 1990s and was acquired by LVMH
LVMH
LVMH Moët Hennessy • Louis Vuitton S.A., better known as LVMH, is a French multinational luxury goods conglomerate headquartered in Paris, Île-de-France, France. The company was formed after the 1987 merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger...
in 1999 for $740 million USD. http://money.cnn.com/1999/09/13/europe/lvmh/
Aviation
Bombardier Aerospace
Bombardier Aerospace is a division of Bombardier Inc. and is the third-largest airplane manufacturer in the world. It is headquartered in Dorval, Quebec, Canada.- History :...
aircraft for the Middle East.
Based in Geneva, Switzerland, TAG Aviation is a provider of business aviation services, aircraft management, aircraft charter, maintenance, sales and acquisitions. TAG Aviation USA, Inc is a U.S. aviation management company located in San Francisco. TAG is a broker for and part owner of the AMI Jet Charter company in San Francisco that holds the FAA air carrier certificate to operate in the U.S. In late 2007 AMI Jet Charter's air carrier certificate was revoked by the FAA due to alleged operational control violations. However, there is ongoing speculation the FAA had other motives other than operational control. The company now operates solely as a broker of aircraft.
TAG Farnborough Airport Ltd. is a subsidiary of TAG Aviation which owns the freehold on Farnborough Airport
Farnborough Airfield
Farnborough Airport or TAG London Farnborough Airport is an airport situated in Farnborough, Rushmoor, Hampshire, England...
west of London in the United Kingdom. The freehold was bought from the UK MOD Ministry of Defence
Ministry of Defence (United Kingdom)
The Ministry of Defence is the United Kingdom government department responsible for implementation of government defence policy and is the headquarters of the British Armed Forces....
in 2007 following the previous 99 lease agreement signed in 1999.
Motorsport
TAG sponsored WilliamsWilliamsF1
Williams Grand Prix Engineering Limited, trading as AT&T Williams, is a British Formula One motor racing team and constructor. It was founded and run by Sir Frank Williams and Patrick Head...
in the early 1980s and then supplied McLaren with TAG Turbo Engines with the help of Porsche
Porsche
Porsche Automobil Holding SE, usually shortened to Porsche SE a Societas Europaea or European Public Company, is a German based holding company with investments in the automotive industry....
in the mid 1980s. The McLaren relationship continues to this day, with the TAG Group holding 21% of the McLaren Group
McLaren Group
The McLaren Group, based at the McLaren Technology Centre in Woking, Surrey, England, is a group of companies created by Ron Dennis, described by the International Herald Tribune as "a small conglomerate"...
(the Bahrain Mumtalakat Holding Company, Ron Dennis
Ron Dennis
Ronald "Ron" Dennis CBE is the executive chairman of McLaren Automotive and McLaren Group, and is also a significant shareholder in both companies...
and Daimler AG own 42%, 21% and 16% shares respectively).
Formula One engine results
| Year | Team | GPs | Wins | Points |
|---|---|---|---|---|
| 1983 1983 Formula One season The 1983 Formula One season included the 34th FIA Formula One World Championship which commenced on March 13, and ended on October 15 after fifteen races. Nelson Piquet won the World Drivers' Championship, his second Formula One title and the first one ever won by a driver using a turbocharged engine... |
McLaren-TAG | 4 | 0 | 0 |
| 1984 1984 Formula One season The 1984 Formula One season was the 35th season of FIA Formula One motor racing. It featured the 1984 Formula One World Championship for Drivers and the 1984 Fomula One World Championship for Manufacturers which were contested concurrently over a sixteen race series which commenced on March 25,... |
McLaren-TAG | 16 | 12 | 143.5 |
| 1985 1985 Formula One season The 1985 Formula One season was the 36th season of FIA Formula One motor racing. It featured the 1985 Formula 1 World Championship which commenced on 7 April 1985 and ended on 3 November 1985 after sixteen races. World Championship titles were awarded for both Drivers and Manufacturers.-Season... |
McLaren-TAG | 16 | 6 | 90 |
| 1986 1986 Formula One season The 1986 Formula One season was the 37th FIA Formula One World Championship season. It commenced on March 23, 1986, and ended on October 26 after sixteen races.... |
McLaren-TAG | 16 | 4 | 96 |
| 1987 1987 Formula One season The 1987 Formula One season was the 38th season of Formula One motor racing. It featured the 1987 FIA Formula One World Championship for Drivers and Constructors which commenced on April 12, 1987 and ended on November 15 after sixteen races... |
McLaren-TAG | 16 | 3 | 76 |