Megatech (company)

Megatech was a Bermuda-registered company that pursued the development of various supercars. It was jointly owned by Hutomo (Tommy) Mandala Putra, the youngest son of President Suharto of Indonesia, and Mycom Setdco, a Bermuda-based subsidiary of Mycom Bhd.^[1]

Megatech

Company type	Joint venture
Founded	1990s
Defunct	1998
Fate	Sold to Volkswagen Group
Headquarters	Indonesia (registered in Bermuda)
Key people	Hutomo Mandala Putra
Products	Supercars development

Projected Megatech F1 engine

In 1994, MegaTech purchased the Lamborghini brand for $40 million.^[1] It then sold it to Audi AG in 1998 for $110 million. It also caused the closure of Vector Aeromotive in 1993, when the company attempted a hostile takeover at the expense of Vector founder Jerry Wiegert.^[2]

Models

• Vector M12
• Vector SRV8