In the age of merely 16, Sönke Petersen started the race|result project in 1999. Within 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 founded 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 around the globe a complete race management and race timing solution for any type of active sports event. The race|result 11 software is still a major competitive advantage of the company, but the German engineering timing hardware creates most of the revenues.
Besides the 30 full-time and 14 part-time employees, the company has 9 distributors on three continents and a supervisory board with 3 members. While always being profitable, the company increased the customer base and turnover tenfold in the last 4 years and a total turnover of 10M Euro in 2017. In 2017, the 2000th timing system had been shipped.
100% of the shares are held by approx. 25 race|result employees what guarantees a happy, dedicated and stable workforce and very high customer satisfaction.