Bestrich Motorsport was established on 2023 and is registered with PEKEMA. The company received MITI approval on 3 February 2023 and became fully operational on 3 February 2024. As an eligible Open Approved Permit (AP) holder, Bestrich Motorsport meets all regulatory requirements, including 100% Bumiputera ownership, RM5 million paid-up capital, and private limited company status, positioning the company to contribute to a more competitive and dynamic Malaysian automotive industry.