The Red Bull Racing Formula One team continues to accelerate its performance with ANSYS' (NASDAQ: ANSS) industry-leading engineering simulation software. Through an extended agreement, Red Bull Racing Formula One will leverage ANSYS' cutting-edge technology to optimize its vehicle design enhancements and aiming to give the team a competitive edge on the track.

VI-grade has signed sponsorship agreements with leading universities worldwide to supply simulation technology in support of the activities of 30 Formula Student racing teams. Under the agreements teams from all over the world will rely on VI-grade simulation technology to improve the performance prediction of their racing cars.

ORECA is boosting the performance of its race cars through a new agreement with ANSYS. ORECA will leverage ANSYS' engineering simulation to speed up development time while optimizing design for high performance and precision - saving time and money.

This year's automotive CAE GrandChallenge 2016 will be held April 12-13 in Hanau, Germany. In 7 sessions speakers from industry, research and software development will present their work to solve the critical current challenges of automotive CAE. The conference includes workshops on simulation results visualization organized by the automotive simulation center Stuttgart asc(s and on image-based solutions for materials characterization and composite analysis by Simpleware.