New Possession For Lime Rock Park | SPEED SPORT

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A brand new possession group has acquired Lime Rock Park.

LAKEVILLE, Conn. – After 37 years of possession, Skip Barber introduced a brand new Lime Rock Park possession construction on Wednesday, to propel future development and alternative for the power within the years forward.

“I’m extraordinarily excited and proud to announce the acquisition of Lime Rock Park by Lime Rock Group, LLC,” mentioned Barber. “The Group’s basic companions, Charles Mallory, Dicky Riegel and Invoice Rueckert, together with a bunch of personal traders, have assumed management of Lime Rock Park and are bringing excellent new imaginative and prescient and vitality to Lime Rock’s operations and to our native and regional group. They’re the best stewards of the Park’s lengthy and profitable legacy.

“That is really great information for everybody concerned with Lime Rock as we begin our sixty fifth 12 months of operations.”

Lime Rock Group, LLC was fashioned particularly for the acquisition of Lime Rock Park.

Barber will stay a big investor within the new entity and shall be an integral a part of its administration committee, because the enterprise continues to leverage Skip’s worldwide popularity within the motorsports trade.

Riegel, the previous President & CEO of Airstream, Inc., and COO of Thor Industries, Inc., will function Lime Rock Park’s new CEO.

“Lime Rock has been one among my favourite locations and my house monitor for over 40 years; the identical is true for my companions, Charles and Invoice, each of whom think about Lime Rock a house away from house,” mentioned Riegel. “All of us have deep roots in Connecticut and sit up for being lively in the neighborhood and dealing collaboratively with the city. To now be house owners of this iconic and storied model is a dream come true.”

As Lime Rock commences a brand new season after a pandemic-restricted 12 months in 2020, followers may have a lot to anticipate, together with an expanded occasions calendar, new companions and sponsors, and extra new working capital to spend money on future alternatives.



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