In 1999, at the age of just 16, Sönke Petersen started the race|result project. Within a short time, the race|result software became the most widely used solution in the German speaking countries.
In 2009, after his studies at KIT Karlsruhe, Harvard/MIT, and UB Barcelona, Sönke started the company IT Sport Service GmbH with the aim to build a complete package around the timing software. Shortly after, the two co-founders Nikias Klohr and Thorsten Vogel joined and the three founded the race result AG.
Today, the company offers a complete race management and race timing solution for any type of active sports event, all over the world. The race|result 11 software is still a major competitive advantage of the company, but the German engineered timing hardware generates most of the revenues.
Besides about 50 employees at the headquarters, the company has seven distributors on three continents and a supervisory board with three members. While always being profitable, the company increased the customer base and turnover tenfold in the last four years with a total turnover of 10M Euro in 2018. In 2017, the 2000th timing system was shipped.
100% of the shares are held by race|result employees which guarantees a happy, dedicated and stable workforce and very high customer satisfaction.
race|result is member of RAIN RFID Alliance
Sönke Petersen starts the race|result software project
Sönke founds IT Sport Service GmbH to build a complete timing solution
First Passive System
Sönke, Nikias Klohr and Thorsten Vogel found race result AG
Active System is released
14 employees and 7 distributors around the world
New foldable Ground Antenna
New headquarters in Pfinztal
Launch of tracking solution
New Passive Transponders