The BidRace website provides no information about who owns or runs the business.

As I write this the BidRace website is nothing more than an affiliate login form.

The BidRace website domain (“bidrace.com”) was first registered in 1999.

The domain registration details were last updated in October 2018, suggesting this is when the current owner(s) took possession of it.

I was able to confirm this with a
Wayback Machine archive from August 2018
, showing the domain was recently was purchased.

The last Wayback Machine snapshot was November 17th, 2018, and still shows the “domain has been purchased message”.

This means that the current BidRace website didn’t go live until late November, early December 2018 at the earliest.

Despite not existing up until a few months ago, BidRace marketing material states;

The headquarters of BidRace has been in Spain since 2010, and we have developed technological solutions and tools for the medical and pharmaceutical areas.

In 2012, our team began developing software and tools in the FOREX financial market.

Along with the inclusion of several trademarked brands, none of which have anything to do with BidRace, the company’s marketing claims are assumed to be baloney.

As I write this BidRace appears to be being heavily promoted in Togo, a country in west Africa.

Alexa currently cite Togo as the only notable source of traffic to the BidRace website (12%).

The use of euros in the BidRace compensation plan meanwhile suggests BidRace is being operated out of Europe.

Update 14th February 2019 – 
It appears Joao Severino might be running BidRace.

As per Spanish corporation records for “BIDRACE TECH SOCIEDAD ANONIMA”, Joao Severino recently attempted to hide ownership of the company.

Severino, as Fernandes Severino Joao Filipe, appears to have switched out sole ownership of BidRace Tech Sociedad Anonima with someone going by “Palmera Guedes Da Silva Pedro Manuel Do Nasciment”.

The name-change was
recorded by the Official State Gazette Agency
on December 26th, 2018.

Joao Severino is best known as one of the co-founders of
USI-Tech
.

After setting the company up Severino retreated to the shadows.

USI-Tech
collapsed early last year
following securities fraud cease and desist notices issued by multiple regulators.

Despite millions believed to have been lost by USI-Tech victims, to date Severino and those he worked with have not been held accountable. 
/end update

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

BidRace Products

BidRace has no retailable products or services, with affiliates only able to market BidRace affiliate membership itself.

The BidRace Compensation Plan

BidRace’s compensation plan can be broken down into two primary components, affiliate fees and investment into “BID” points.

Affiliate fees quoted in BidRace’s marketing materials are as follows:

Bid Start – 10 EUR a mont

🤖 Quick Answer

What is BidRace and when did its website launch?
BidRace is an online platform accessed through an affiliate login form. The domain bidrace.com was originally registered in 1999, but the current owners acquired it in October 2018. The website went live between late November and early December 2018, according to Wayback Machine archives showing a "domain purchased" message until November 17th, 2018.

What transparency issues exist regarding BidRace's ownership?
The BidRace website provides no publicly available information identifying the owners or operators of the business. The lack of ownership disclosure raises concerns about accountability and legitimacy. This absence of transparent company information is a notable characteristic of the platform's online presence.

What do domain registration records reveal about BidRace?
Domain registration details for bidrace.com were last updated in October 2018, indicating when the current proprietors

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