Mingtai Investment Development Group (MiTime Group) was established in 2004 under Zhejiang Geely Holding Group focused on the investment and operational management of higher education, Sports, cultural tourism, and other businesses. The group is divided into three main sectors – Education, Sports, and Tourism.
MiTime Sports is a key promoter of outdoor sports and motorsport culture. The group is a major organizer of sporting events in China including the Volvo China Open (golf), China Yachting League, Ningbo International Marathon, F4 Championship, CFGP China Formula Grand Prix, Police Car Championship, Mulan Classic, Geely Super Cup, and others events. Not just as an organizer, the group is heavily involved in the development of motorsport culture through training drivers and providing racing equipment and race cars. To expand the accessibility and reach of motorsports to the public, the group builds and operates world-class race tracks. Currently the group operates tracks in China in Ningbo, Changsha, Zhuzhou, and Wuhan and in the United States in Utah.