Parella Motorsports Holdings Appoints Lee Giannone as CEO

Submitted by ajh on Fri, 01/31/2025 - 07:57
Parella Motorsports Holdings Lee Giannone


Parella Motorsports Holdings (PMH), parent company of the SpeedTour brand and multiple road-racing series, has named Lee Giannone as its new CEO. Tony Parella, founder of the company, will remain on the board of directors.

As CEO, Giannone will apply his experience from a diverse career spanning finance, motorsports consulting and strategic business development to his role overseeing the business operations and strategy of PMH, the company said in a statement announcing the appointment.

Velocity Capital Management, a private equity firm, acquired PMH with co-investors Cohesive Capital and Bolt Ventures in 2023.

Most recently, Giannone served as director of Mecum finance at Mecum Auctions, where he led integrations and development of external finance and related partner businesses for the company. Giannone is also a motorsports enthusiast, the organization said, and is a 25-year Porsche GT and GTP prototype driver who has participated in vintage motorsports with PMH at major circuits for more than two decades. 

For more information, visit speedtour.net.

January 2025

New World Records Set During 2025 Sick Week

Submitted by laurap on Thu, 01/30/2025 - 18:15
Brett LaSala record-breaking run Sick Week 2025. Drag-and-drive radial tire. Photo courtesy of Sick The Magazine, Facebook


After five days of traveling through Georgia and Florida, Sick Week 2025 Presented By Gear Vendors Overdrive wrapped on Saturday, February 1, with two record-breaking runs. 

Brett LaSala secured a new world record for a radial tire drag-and-drive car in his twin-turbo 2011 green "Snot Rocket 3.0" Mustang, first opening with 6.12 seconds at 235 mph and later running 6.07 seconds at 236 mph--for an average of 6.24 seconds--eclipsing his own record of 6.263 from last year's Sick Week. Sick Week emphasized that one of LaSala's runs was very close to capturing a 6-second lap, though a boost cut shut down what could've been his best run yet.

In the naturally aspirated category, Ed Ensor clocked four runs between 7.078 and 7.090 seconds in his 1985 Foxbody Mustang. Later, his best run came on Day Five, with a 7.078 at 194.74 mph, giving him a final average of 7.096, lowering the record significantly from his previous best of 7.53 seconds. 

The drag-and-drive event backed by Sick the Magazine was named the Best Motorsports Race in the United States by USA Today in 2024.

For more information, visit sickthemagazine.com/sick-week.

 

Photo courtesy of Sick The Magazine, Facebook

January 2025

Gold Eagle Company Announces Executive Leadership Changes

Submitted by ajh on Thu, 01/30/2025 - 15:35
 Marc Blackman (left), Matthew Banach (center) and Jennifer Robertson

Marc Blackman (left), Matthew Banach (center) and Jennifer Robertson


Gold Eagle Company--the Chicago-based manufacturer of Hot Shot's Secret performance lubricants and related brands like STAB-BIL, 303, HEET, and more--has promoted CEO Marc Blackman to CEO and chairman of the board, replacing co-owner Rich Hirsch, who is retiring from the board.

Additionally, Executive Vice President of Market Innovation Matthew Banach has been promoted to chief operating officer (COO) and chief marketing officer (CMO).

Blackman was named president and COO in 2001 before being promoted to president and CEO in 2007. In 2014, he transitioned solely to CEO, effectively holding this position for the last 8 years. Under Blackman's leadership, Gold Eagle has grown its brand portfolio to include 303 appearance care products, TriNova home care items and Gold Eagle's first subsidiary of Lubrication Specialties, which includes the brands of Hot Shots Secret, Franz Filters and LSI Chemical.

The company has also announced the promotion of Jennifer Robertson to vice president of Marketing. With more than 23 years of experience with Gold Eagle, Robertson will join the company's executive team and oversee its marketing teams, including the Hot Shot’s Secret Marketing department.

For more information, visit goldeagle.com.

January 2025

MBE Group Acquires 'Growth Machine' Content Marketing Agency

Submitted by ajh on Thu, 01/30/2025 - 14:03
MBE Group


MBE Group, a marketing communications agency serving the automotive, mobility and other industries, has acquired Growth Machine, a Chicago-based, boutique content marketing agency. 

Growth Machine was founded in 2017 and specializes in B2C and B2B digital content creation and SEO for consumer goods, tech and eCommerce brands, the company said.

All of Growth Machine’s fully remote workforce has joined MBE Group, with Nora Schlesinger, Growth Machine’s CEO, becoming a vice president and part of the MBE Group leadership team.

"The acquisition expands MBE Group’s expertise in digital marketing and strengthens our reach in the tech and consumer goods sectors," the company said in a statement announcing the acquisition.

MBE Group's headquarters will remain in the Detroit area.

For more information, visit mbe.group.

January 2025

ALT Sports Data, World Racing Group Announce Sports-Betting Partnership Ahead of 2025 Season

Submitted by ajh on Thu, 01/30/2025 - 13:44
WoO Sprint Cars Logo


World Racing Group has entered into a new partnership with ALT Sports Data, a San Diego-based leader in trading and consumer data for action, motor, alternative and emerging sports, that will enable regulated sports betting on some dirt-track racing properties, including the World of Outlaws NOS Energy Drink Sprint Car Series, the World of Outlaws Late Model Series, the American Sprint Car Series and the Super DIRTcar Series.

Through this partnership, ALT Sports Data will leverage official data feeds to deliver pre-race and live betting products to sportsbooks worldwide. ALT Sports Data will utilize the World of Outlaws (WoO) official data to offer up-to-the-minute odds and an array of traditional wagers and prop bets, designed to enhance fan engagement and expand the global reach of dirt track racing, the sanctioning body said in a statement announcing the partnership.

Betting will be available in jurisdictions where approved starting with the first night of World of Outlaws NOS Energy Drink Sprint Car action at Volusia Speedway Park's Federated Auto Parts DIRTcar Nationals on Wednesday, February 5.

For more information, visit worldofoutlaws.com.

January 2025

NHRA Announces New Bonus for Regular Season Champion, $25M Overall Purse

Submitted by ajh on Thu, 01/30/2025 - 13:40
NHRA Logo


The NHRA will award $25 million in purse and payouts to teams during the 2025 national event schedule, including a new bonus payout for regular-season champions ahead of the Countdown to the Championship playoffs.

The multi-million dollar payout includes the event purse for drivers in the NHRA Mission Foods Drag Racing Series and NHRA Lucas Oil Drag Racing Series on the national event tour, as well as the year-end championship purse for the Mission Foods Drag Racing Series, payouts for the All-Star Callout races in Top Fuel, Funny Car, Pro Stock and Pro Stock Motorcycle, the Mission #2Fast2Tasty Challenge in the four professional categories, and other incentive programs.

It also includes the payout for a regular-season championship, which will be introduced this year and will be awarded to the regular-season points leader in the NHRA Mission Foods Drag Racing Series. NHRA is set to award almost $400,000 of additional purse to the regular season champions in Top Fuel, Funny Car, Pro Stock and Pro Stock Motorcycle, contributing to the $25 million up for grabs this year during the 2025 season, NHRA officials said.

For more information, visit nhra.com.

January 2025

ABC Committee Finalizes ABC Official Rulebook 11.0

Submitted by ajh on Thu, 01/30/2025 - 12:38


The Approved Body Configuration (ABC) Committee has finalized the ABC Official Rulebook 11.0.

The ABC Body Program establishes an industry-wide standard for the design, construction and technical inspection of bodies in offset template Late Models in North America. The uniform body rules across tracks nationwide aim to increase field sizes for special events and attract cars from multiple series and tracks, according to the organization.

Developed by a 10-person committee of industry members, the rulebook contains program goals, comprehensive guidelines and dimensions for the assembly and inspection of ABC bodies, the group said.

The committee includes three non-voting members: Marty Melo, chairperson; Corey Schultz, Five Star Race Car Bodies; and Dave Kamholtz, AR Bodies—and seven voting members: Dan Garber, Northwest Super Late Model Series; Kip Childress, CARS Tour; Freddie Query, ASA Stars National Tour; Todd Thelen, Slinger Super Speedway; Tim Bryant, ASA Southern Super Series; Tim Huddleston, CARS Tour West; and Brent Roy, Easy-Kleen Super Late Model Series.

The updated rulebook and more information is available at abcbodyprogram.com.

January 2025

Behind-The-Scenes: Quality Connections at the 2025 MPMC Media Trade Conference in Orlando

Submitted by laurap on Tue, 01/28/2025 - 16:24


The 2025 Motorsports Parts Manufacturers Council (MPMC) Media Trade Conference (MTC) at the Embassy Suites by Hilton Orlando last week featured quality conversations and new connections between racing brands and automotive media members and influencers.

"I can't have a bad meeting here [at the MTC] because our product line of fasteners is used everywhere. There's science behind what we make, so for a new company like ours, it's all about getting the word out about what we do," said Kevin Feeney of P1 Manufacturing, a company that has been in the market for about three years now.

PRI News and PRI Magazine connected with nearly two dozen brands, many showcasing their new innovations, like a new line of brake fluid from braking experts Hawk Performance. Previously only offering brake pads and rotors, the manufacturer is now using its expertise to roll out some premium DOT 4 brake fluids, with its HP600 formula rated at a dry boiling point of 572 degrees Fahrenheit and a wet boiling point of 383 degrees Fahrenheit. Stepping it up a notch is its HP660 formula, designed to offer class-leading boiling points (608 degrees Fahrenheit dry and 383 degrees Fahrenheit wet). The roll-out is part of a more significant approach this year to educate its customers (and potential customers) on all things brakes, including for novice enthusiasts looking to "brake" into motorsports competition and longtime race teams who may not be taking the best care of their race car, tow vehicle, or even their daily driver, said Annie Last from Hawk Performance, who also shared educational articles can be found in the News & Updates part of the Hawk Performance website.

On that same theme, Mickey Thompson Wheels & Tires shared they are working on educating those out-of-the-know, including younger racers and newer enthusiasts, about why some tires can wear unevenly or what to do if you accidentally get motor fluid or other chemicals on your tires. More details may be found in the FAQs section of the Mickey Thompson website.

After sharing that new sizes are now available for its Baja Boss X off-road and Pro Bracket Radial competition tires, Mickey Thompson reps also unveiled an upcoming promotion on its street/strip tires in an effort to help racer's pockets at the start of the season. Beginning February 15 through March 31, 2025, customers can get $50 back by an online rebate on select street or strip tires. For more details, visit the Mickey Thompson website here.

MPMC Media Trade Conference in Orlando 2025


During the Media Trade Conference, brand reps also identified current industry trends, like a burst in autocross interest across the nation, which Hawk Performance confirmed when we met them. This increased interest in autocross has spurred a new product line, HPX, that is geared toward high-performance applications. Hitting the shelves in springtime this year, the product is registered with some of the top autocross-sanctioning bodies and is designed to match (or exceed) standards in this area. "This product will be big in autocross and not as pricey as some of the current offerings," Last shared.

Autocross was also marked as a vital racing category for Centerforce Clutches. Trent McGee and Chris Thompson think the "why" behind the autocross boom can be attributed to the ease of setup for the events (you just need a track or parking lot); the speeds are not off-the-charts. Hence, autocross is safer and generally more approachable than other forms of motorsports.

QA1 brand Speedtech told us that an estimated 60% of its calls are from autocrossers looking for insights on their chassis and suspension solutions.

Echoing that sentiment was ACT's Richard Barsamian, who pointed to autocross' low barrier of cost entry as its popularity factor. "It's cheaper than NASCAR racing, you know?" he said, pointing to an increased youth interest in the category, similar to "what we're seeing in drifting."

Diesel racing is another segment that's certainly been around but is reaching new levels with record-breaking runs and healthy participation, as emphasized, of course, by Kyle Fischer of Hot Shot's Secret (HSS), a longtime supporter of the segment. "I've been saying it for a long time that diesels are coming for their gas counterparts. And that time is here. Diesels are now door-to-door with gas racers," Fischer said.

HSS currently sponsors the Outlaw Diesel Super Series, the National Tractor Pullers Association, and, most recently, the Pro Pulling League, which now dons the iconic HSS green on its logo and branding. New products for HSS include its 7000 Series EP multi-purpose extreme-pressure grease, the premium universal tractor trans-hydraulic fluid and the brand-new turbo primer to prevent oil starvation on start-up. And Fischer let PRI in on some insider information, too, sharing that HSS will soon be offering full-blown diesel fuel. "We hope to be disrupting the diesel fuel industry," he said.

MPMC Media Trade Conference in Orlando 2025


P1 Manufacturing's Feeney agrees that diesel racing has expanded in recent years, noting that a lot of these racers come from the farming community with diesel trucks and equipment, all utilizing fasteners in some capacity.

Powersports is another racing category with staying power, as emphasized by Fuel Factory, who also shared that their newer fuel brand is breaking into several racing categories, including sand racing and drag racing. Its new F X7 racing fuel, introduced at the 2024 PRI Show, is engineered to be the ultimate choice for high-performance methanol. 

"We work closely with engine builders to develop our products," said Marc Wesler. "Then we get them to use our fuels" for word-of-mouth marketing. Another marketing tactic is to put the fuel to the test on the track via Fuel Factory's CFO Mia Tedesco, a former NHRA World Champion in the Super Gas category now competing in select bracket races across the nation.

Also in the fluids category, PRI met with VP Racing, which has recently removed the word "Fuels" from its logo to better represent its growing product lines, which now include racing and high-performance lubricants and oils. VP's Kevin Parlett shared that as the company enters its 50th anniversary, it's expanding its presence in Latin America and Europe, and there will be an upcoming push to expand in Asia in 2025 and beyond.

In terms of brand identity, E3 Spark Plugs wants to be known for more than just its ignition products. E3 has been offering lightweight lithium batteries for a few race seasons now and wants to spread the word about the weight savings--and economical savings--they can provide race teams.

"The offshore powerboat teams love our batteries. They can shave 100 lbs. off of their weight with our nine-pound model. They'll run three of these on their boat and still see weight savings," E3's Chris LaCouture said.

Safety is always top of mind for PRI, so we were happy to learn that in 2025, Simpson is partnering with INDYCAR to outfit all of the AMR INDYCAR Safety Team members, approximately 30 safety professionals including physicians, paramedics, firefighters/EMTs and nurses who are on-hand for events. As stated by Simpson's Chris Delbeck, AMR Safety is the model of safety in motorsports, so it's an honor to outfit them with some of Simpson's top-rated fire suits to keep INDYCAR racers, race teams and fans alike safe.

Delbeck also shared that Simpson and its sister safety brands under the Holley banner, including Stilo, HANS and Racequip, are expanding its trackside trailer presence at race events this year. Whether it's discovering if a racer's HANS straps are ill-fitting or if a helmet can be better padded for added comfort and endurance, a trackside presence is vital to keep safety paramount. "In racing, if you go so long without an incident, you can get complacent. So, we want to work with our series and racers to make sure they have what they need to stay safe," Delbeck said, pointing out that the rise in eCommerce means you can get your hands on safety gear easier than ever before. "All the easy ways to get safety products are great, but you might need someone in-person showing you how it works."

PRI thanks all of the companies and representatives that we met with last week:

  • Advanced Clutch Technology
  • Aeromotive Inc.
  • Automotive Racing Products
  • Centerforce Clutches
  • E3 Spark Plugs 
  • Fuel Factory
  • Hawk Performance
  • Holley and its performance brands including MSD, Racepak, NOS, AEM, ACCEL, B&M, Hurst, Edge and DiabloSport, plus its safety brands Simpson, Stilo, HANS and Racequip
  • Hoosier Racing Tires
  • Hot Shot's Secret
  • Ken Perry's Xtreme Arias LLC
  • MAHLE Motorsports
  • McLeod Racing
  • Mickey Thompson Performance Tires & Wheels
  • P1 Manufacturing
  • QA1 and its brands Speedtech Performance, Detroit Speed & Engineering
  • QuadLock
  • Red Line Synthetic Oil
  • Specialty Auto Parts USA
  • VP Racing Fuels
January 2025
By
Laura Pitts

BendPak Supercharges Sales, Marketing and Product Development Teams  

Submitted by ajh on Tue, 01/28/2025 - 14:12
BendPak


Agoura Hills, California-based BendPak has announced enhancements to its leadership team. Sean Price has moved to a newly created position as director of quality control, product development, and management for the Special Products Division. David Reunert joins BendPak to take over for Price as director of sales operations. Tyler Rex rejoined the company in a new position as senior director of marketing.

"Over the last 60 years, BendPak has built a reputation for listening to our customers and developing innovative products they can count on to keep them safe, comfortable, and efficient at work and at play," said Jeff Kritzer, BendPak president and CEO. "Strengthening our leadership team in key areas helps us continue to meet our diverse customer needs around the globe."

For more information, visit bendpak.com.

January 2025

Sean Duffy Confirmed as U.S. Secretary of Transportation, Support for EPA and Interior Nominees Still Needed

Submitted by ajh on Tue, 01/28/2025 - 12:30
US Capitol

 

Update on Tuesday, January 28:

The U.S. Senate on Tuesday confirmed former U.S. Rep. Sean Duffy to serve as Secretary of the U.S. Department of Transportation. Duffy, who PRI and SEMA strongly endorsed for the role, was confirmed by a bipartisan 77-22 margin.

PRI and SEMA continue to urge its members to put the full weight of the automotive aftermarket industry behind President Donald Trump's cabinet selections for the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Interior. The two nominees--former U.S. Rep. Lee Zeldin (EPA) and former North Dakota Gov. Doug Burgum (Interior)--each received bipartisan support as they advanced out of their respective U.S. Senate committees of jurisdiction en route to a full Senate vote.  

  • The Senate Committee on Environment and Public Works approved Rep. Zeldin's nomination by a vote of 11 to 8.  
  • The Senate Committee on Energy and Natural Resources approved Gov. Burgum's nomination by a vote of 18 to 2. 

SEMA members are encouraged to send letters of support for each of the nominees. Use our easy online tool to send your letter now. 

PRI and SEMA's strong support for each nominee is based on their extensive qualifications and the important role these departments play in regulating the automotive aftermarket, off-road and racing industries.  

The final step is for the U.S. Senate to hold a vote on each of their nominations. Senate approval requires a simple majority of the members who voted, after which the nominee is then confirmed and can start running their respective department. 

Click here to learn more about each nominee, why PRI and SEMA are supporting them, and to send a letter to your U.S. Senators.  

Photo courtesy of Shutterstock

January 2025