Praga is an automotive manufacturing company based in the Czech Republic. The company is currently owned by the IPG Photonics Corporation. Praga specializes in the production of race cars, go-karts, and other automotive equipment. It has a rich history dating back to 1907, initially dealing in a wide range of products including motorcycles, trucks, and even aircraft. The company primarily operates in Europe, with a focus on racing and specialized automotive solutions. It has recently seen a resurgence in interest, particularly in karting and racing circuits.