Parella Motorsports Holdings, LLC
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Parella Motorsports Holdings, LLC - overview
Established
2012
Location
Plano, TX, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Plano, US, and founded in 2012, Parella Motorsports Holdings, LLC is an operator of a portfolio of motorsports properties. The company was founded by Tony Parella, who is leading the firm as CEO as of 2023. In December 2023, Velocity Capital Management, Cohesive Capital, Bolt Ventures, and David Blitzer’s Family Office invested in Parella Motorsports Holdings. The company hosts racing festivals under the brand name SpeedTour.
It owns five major road racing series such as Sportscar Vintage Racing Association (SVRA), The Trans Am Series presented by Pirelli, Formula Regional Americas (FR Americas), Formula 4 United States Championship (F4 U. S. ), and Prototype Sprint Series Association.
Current Investors
Cohesive Capital Partners, Bolt Ventures, Velocity Capital Management
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Professional Sports/eSports
Website
www.parellamotorsports.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Parella Motorsports Holdings, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Wheel Pros, LLC | - | ||||||||
| Add-on | Completed | RTA Media Holdings, LLC | - | ||||||||
| Growth | Completed | Parella Motorsports Holdings, LLC | - |
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