New York, New York – Parella Motorsports has announced the acquisition of Racing America (https://www.racingamerica.com/). According to the company announcement Parella Motorsports Holdings (PMH) is a prominent owner and operator of grassroots motorsports events in the United States, now operating under the Racing America brand after a strategic acquisition. The company’s portfolio includes major road racing series such as the Trans Am Series presented by Pirelli, Sportscar Vintage Racing Association (SVRA), Formula Regional Americas, Formula 4 United States Championship, Ligier Junior Formula Championship, and International GT. PMH also organizes SpeedTour motorsports festivals at iconic U.S. circuits like Indianapolis Motor Speedway and Circuit of the Americas. Through its acquisition of Racing America, the company has created North America’s largest integrated grassroots motorsports platform, combining extensive live-event offerings with a leading digital media platform for live streaming and original content. This integration aims to connect fans and competitors year-round, expand global reach, and establish Racing America as a definitive home for both grassroots and professional racing. The combined entity is headquartered in Charlotte, North Carolina, and is supported by Velocity Capital Management, an operationally intensive private equity firm.

To learn more about Parella Motorsports, visit https://parellamotorsports.com/
Company LinkedIn Page: https://www.linkedin.com/company/parella-motorsports-holdings-llc/

Company Contact:

Parella Motorsports
1 Penn Plaza Suite 4420
New York, NY 10119
888-965-7872

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