Wade Kawasaki Announces Departure from Legendary Companies
Legendary Companies, which includes Coker Tire, Wheel Vintiques, Universal Vintage Tire, Phoenix Race Tires, Specialty Wheel, MOR, Vintage Wheel Works, PS Engineering, Roadster Wire Wheel, and Paragon Corvette Reproductions, announced today that Wade Kawasaki will transition from his role of CEO while remaining a partner in the business – a decision by Kawasaki who took
IndyCar to Sanction, Promote Indy Lights Series
Penske Entertainment Corp. President and CEO Mark Miles has announced that IndyCar will become the sanctioning body and promoter of the Indy Lights series following 2021. The agreement was made with Andersen Promotions Owner and CEO Dan Andersen. Indy Lights serves as the final step on the “Road to Indy” ladder system that develops drivers and
NASCAR Names John Ferguson as Chief Human Resources Officer
NASCAR has announced that John Ferguson has been hired to lead human resources strategy for the sanctioning body as Senior Vice President and Chief Human Resources Officer. In this role, Ferguson will oversee NASCAR Human Resources and provide strategic leadership around talent acquisition, employee engagement, and culture development. For nearly a decade, Ferguson served in
MSD Pro 600 Single-Channel CDI Ignition Box
This ignition is capable of running continuously at an energy level of up to 600 mJ inducing more than 250 microseconds of spark duration.
Alba Colon, Director of Competition Systems, Hendrick Motorsports
An affinity for STEM education led Alba Colon into the automotive industry where she has continuously elevated her career with GM and now Hendrick Motorsports.
Fifty Five Promotions Acquires Skagit Speedway
Fifty Five Promotions will take over ownership of Skagit Speedway, the dirt track based in Burlington, Washington. Fifty Five Promotions is the new promotional group comprised of Washington car owners Kevin Rudeen and Mike Anderson and the California-based promoter Peter Murphy. “We have some exciting surprises planned for the fans and the racers,” Rudeen said.
AFR Acquired by Private Equity
Air Flow Research (AFR), a manufacturer of high-performance cylinder heads, intake manifolds and related components, has been acquired by Taglich Private Equity (TPE) in a partnership with AFR’s founding family and management. The company’s 42 production and office employees based in Valencia, CA, will remain with the current executive team and staff. AFR was founded
PLZ Aeroscience Acquires Champion Brands
PLZ Aeroscience Corporation, an independent specialty aerosol and liquid product manufacturer, has announced the acquisition of Champion Brands, LLC, a manufacturer of specialty lubricants for automotive and industrial markets. Financial terms of the acquisition were not disclosed. With this acquisition, PLZ expands its full-service automotive and industrial offering, positioning the company to better serve its customers
Paretta Autosport’s Mostly Female Crew Makes History at Indy 500
For the first time in the 105-year history of the Indianapolis 500, a team comprised primarily of women has competed in the world’s largest sporting event. It was a dream brought to reality by long-time motorsport executive and team principal Beth Paretta, who launched Paretta Autosport just four months ago with the idea of creating
Race Winning Brands Acquires Victory 1 Performance
Race Winning Brands, Inc. (RWB), a portfolio company of Kinderhook Industries, LLC, has announced the acquisition of Victory 1 Performance, Inc. (Victory), a leading supplier of manufactured and forged high-performance titanium and alloy valves. Victory represents the eighth add-on acquisition for Race Winning Brands. Headquartered and operating out of a world-class facility in Mooresville, NC,
Holley Appoints Consumer Retail Executive as CFO
Holley has announced that Dominic Bardos has been appointed CFO. A seasoned financial executive with extensive public company experience, Bardos will serve as a member of the executive leadership team and report directly to President and CEO Tom Tomlinson. “I am pleased to welcome Dominic Bardos as our CFO,” said Tomlinson. “Dominic brings over 30
NPW Consolidates EPWI’s Anaheim Inventory
NPW, the new parent company of engine and performance distributor Engine & Performance Warehouse Inc. (EPWI), has announced the consolidation of the EPWI Anaheim inventory, ordering and shipping into its NPW distribution center in Gardena, CA. NPW acquired EPWI in December 2020. NPW states that the ordering, shipping and sales will remain the same. Suppliers and customers
Holley Acquires AEM Performance Electronics
Holley has announced the acquisition of AEM Performance Electronics, the developer and supplier of electronic control and monitoring systems. “We are very excited to have the vast resources that an industry-leading company like Holley provides to help us accelerate the development of our products, particularly in the EV conversion space,” AEM Division President Greg
Northern Tool + Equipment Acquires Jacks Small Engines
Northern Tool + Equipment, a retailer of high-quality tools and equipment, announced it has acquired Jacks Small Engines, a second generation, family-owned company dealing in online replacement parts for all major brands of engines, tools and power equipment. The move reinforces Northern Tool’s focus on driving growth while serving hard-working trades professionals and serious DIYers with the
Mountune Racing Launches Classic Engine Division
Mountune Racing, the designer and manufacturer of race engines and performance parts with locations in the U.S. and UK, has announced a new division to support a range of historic race engine builds, component design services, classic engine builds, and restoration work. The announcement follows the recent acquisition of its Essex, UK operation by David Mountain, the
Holley Going Public Following Merger
Holley will become a public company as part of a definitive merger agreement with Empower Ltd., a publicly-traded special purpose acquisition company. As a result of the agreement, Holley will become a publicly listed company on the New York Stock Exchange (NYSE) under the new ticker symbol “HLLY.” Holley President and CEO Tom Tomlinson and the
Pertronix Acquires Taylor Cable
PerTronix Performance Brands, which is made up of key brands in the ignition, exhaust and fuel delivery segments, has acquired Taylor Cable Products, Inc., located in Grandview, MO. For over 90 years, Taylor Cable Products has provided products to the performance and racing markets, including its line of performance and racing spark plug wires, battery
Pennzoil Carbon Neutral Lubricants
Shell aims to be a net-zero emissions energy business by 2050 or sooner.
Standard Motor Products Names Dave Illes Director of Sales, Heavy-Duty Aftermarket
Standard Motor Products, Inc. has announced Dave Illes has joined the company as director of sales for the heavy-duty aftermarket. Illes joins Standard Motor Products with more than 25 years of experience in the heavy-duty and automotive aftermarket industries, most recently serving as director of sales and marketing, North American Aftermarket for Lumileds LLC, a
The EFI Tuning Evolution
Much of the acceptance of EFI has been due to aftermarket companies making them more user-friendly.
