---
title: "MARSA RACE TRACK LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/473ae994-fbac-5acd-a406-345581fc3df5
json: https://whiteintel.dev/api/public/dossier/473ae994-fbac-5acd-a406-345581fc3df5
identifier: icij:icijol-55078233
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# MARSA RACE TRACK LIMITED

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55078233`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/473ae994-fbac-5acd-a406-345581fc3df5  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/473ae994-fbac-5acd-a406-345581fc3df5  

## Ownership & control

### Owners / controllers

- **PIO M. VALLETTA** (shareholder of) — https://whiteintel.dev/entity/e2cfcc41-7366-554c-82c2-09cb127f7956
- **KUSAM SHARMA** (shareholder of) — https://whiteintel.dev/entity/14d31d6e-9142-5e9f-afb0-3ed3273799ac
- **TRUE TO TYPE LIMITED** (shareholder of) — https://whiteintel.dev/entity/54b179b2-0279-5271-b567-abf40fb36308
- **ALDRED KENNETH ALEXANDER HILL** (shareholder of) — https://whiteintel.dev/entity/9328c6b7-9e65-50b5-9deb-65a4cbb9d9b7
- **HUGH MORSHEAD** (shareholder of) — https://whiteintel.dev/entity/3a8c25ce-1838-57ed-98d3-05be459596bb
- **F. SCHEMBRI HOLDINGS LIMITED** (shareholder of) — https://whiteintel.dev/entity/038b99c3-86be-50f4-b723-a557d205f077

### UBO chain (walk to the ultimate owner)

A **9-step** ownership/control chain to the ultimate beneficial owner is resolved for this entity. The full cited chain unlocks with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Exposure (derived from the ownership graph)

**2** owners upstream in this entity's ownership/control chain are flagged — a sanctions hit or a secrecy jurisdiction — an investigative lead by resolved identity, not a legal determination. The contributing parties and the hop-by-hop path unlock with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/55078233

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **MARSA RACE TRACK LIMITED**. Human view: https://whiteintel.dev/entity/473ae994-fbac-5acd-a406-345581fc3df5 · Structured JSON: https://whiteintel.dev/api/public/dossier/473ae994-fbac-5acd-a406-345581fc3df5._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._