LUCAS Motorsport Development Fund is a unitary, non-profit organization established by the founders on the basis of voluntary property contributions and subsequent implementation of the goals set forth in the Charter.
LUCAS Fund was established in accordance with the requirements of the Civil code of the Russian Federation, Federal law No. 7-FZ of 12.01.1996 “about non-profit organizations”. LUCAS Fund, fulfilling its statutory goals, acts in accordance with the Constitution of the Russian Federation, the Civil code of the Russian Federation, the Federal law “on non-profit organizations”, other laws and regulations of the Russian Federation and the Charter.
The main purpose of the Fund is to generate assets based on voluntary contributions and other income not prohibited by law, and its subsequent use for the development of motor sports.