HWA AG was founded in 1998 as a spin-off from AMG, which was established in 1967 by Hans Werner Aufrecht. HWA AG was established as the Mercedes Benz customisation specialist.
Towards the end of 1998 Aufrecht sold a majority interest in AMG Motoren- und Entwicklungsgesellschaft mbH, as it then was, to DaimlerChrysler AG. In the process of disposal, motor racing – what is today the AMG-Mercedes Team in the German Touring Car Championship (DTM) – and parts of the customised vehicles construction business were spun off and transferred to HWA AG.
The vehicles and vehicle components business develops and builds sports cars for Daimler AG and Mercedes-AMG GmbH. In addition to its DTM racing team, since 2003 HWA has also developed, manufactured and serviced racing engines for the Formula 3 European Championship and the British Formula 3 Series.