Michael Laverty has taken control of GRYD Racing, which serves as the central hub for his expanding motorcycle racing operations.
This umbrella organisation brings together diverse activities including team ownership, talent development, television production and a growing clothing brand.
The portfolio currently includes entries competing in Moto4, Sportbike, Superstock, JuniorGP Moto3 and another Moto4 category.
A significant development involves the acquisition of TAS Racing, the Northern Ireland outfit where Laverty previously competed as a rider.
GRYD Racing now assumes full responsibility for the operations of the Derry-based team.
Laverty described the transition as a landmark deal that consolidates his presence across multiple racing disciplines.
The former British Supersport champion stated he is operating at a pace few in the sport can match.
Details regarding the specific terms of the agreement were not disclosed publicly.