QA1 purchases Detroit Speed from Holley

[dhutton]

Not sure what to make of this. They already own Speedtech.

https://www.performanceracing.com/magazine/industry-news/11-04-2024/qa1-enters-agreement-acquire-detroit-speed-engineering#:~:text=QA1%2C%20the%20chassis%20and%2 0suspension,Engineering%20in%20Mooresville%2C%20No rth%20Carolina.

Don

[214Chevy]

Wasn't it just 1-2 years ago that Holley bought them?

[camcojb]

Holley has been selling off some of their assets.

[Ketzer]

Covid was a boom in the aftermarket parts world, unsustainable for sure...probably going to see some painful market corrections before things stabilize.
We just lost a local brick and mortar family run race hose shop due to sales drop off.

[NAPA 68]

I don't know that private equity does any of these companies (to say nothing for their customers) any long term justice.