Pursuits

Brembo Chairman Becomes Billionaire on Brakes for Porsche

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Five different drivers took the checkered flag during the Formula One season last year. The winning cars all had one thing in common -- brakes or clutches supplied by Italian auto-parts maker Brembo SpA.

The Bergamo-based company established its foothold in the racing world 40 years ago. Since then, Brembo has expanded its customer base by supplying braking systems for car manufacturers such as Ferrari SpA and Porsche SE, a business that has made the company’s chairman, Alberto Bombassei, a billionaire.