Puma began on the tracks and a dream of the Italian designer and immigrant, naturalized in Brazil, Rino Malzoni, of designing and manufacturing a vehicle with a fiberglass body and mounting this body on the platform of a passenger vehicle with a modified engine and suspension to perform better and add a finish compatible with a sports car.
This dream motivated Malzoni to create a prototype of a racing car, which was developed on his farm in Matão, in the interior of São Paulo. It had the support of Vemag, which supplied mechanics and chassis, with the intention of unseating Willys at the Autodromo de Interlagos, in addition, the prototype had a front DKW engine, 3 cylinders of 981 cm³ and weighed 720 kg. This prototype had 5 wins at Interlagos in 1964 and won the main races the following year.
With the enormous success of the model and several victories in various competitions, in the same year the first vehicle was launched, Sociedade de Automóveis Lumimari Ltda was founded by several car enthusiasts, Luiz Roberto Alves da Costa (LU) Milton Masteguin (MI) ), Mário César de Camargo Filho (MA) and Rino Malzoni (RI), having their first model named GT Malzoni in honor of the creator and principal involved in the brand. In 1966 the brand was renamed to Puma Veículos e Motores Ltda at the suggestion of the head of the competition department at Vemag, Jorge Lettry.