A New Era Dawns for Motorsport Enthusiasts
Excitement buzzes through the air as Parella Motorsports Holdings (PMH), backed by the robust investment from Velocity Capital Management, gears up for what promises to be its most thrilling year yet. The 2024 race season beckons with a lineup that's more dynamic and exhilarating than ever before, marking a significant leap in the world of motorsports.
Velocity Capital Management Fuels PMH's Ambitious Vision
Tony Parella, the visionary CEO of PMH, shares his enthusiasm about this strategic partnership with Velocity. "This collaboration is the catalyst we needed to unlock our full potential," Parella asserts. With this newfound support, PMH is poised for organic growth and strategic acquisitions, setting the stage for a memorable 2024 season.
An Expanded SpeedTour Calendar: More Races, More Thrills
SpeedTour, PMH's flagship brand, unveils a packed 24-event calendar, traversing 17 states and making its first international foray in Ontario's Canadian Tire Motorsport Park. This expansion not only signifies PMH's growing influence but also its commitment to bringing top-tier racing action to a broader audience.
New Series, New Opportunities
Recognizing the ever-growing popularity of its existing series, PMH announces the launch of new race series in 2024, alongside the reformatting of two recently introduced series. This move is geared towards attracting more participants and elevating the racing experience.
Spotlight on the TA2 Club: Nurturing the Next Generation of Racers
The TA2 Club emerges as a new feeder series under the Trans Am umbrella, targeting drivers eager to hone their skills in 530-horsepower muscle cars. This initiative reflects PMH's dedication to nurturing young talent and shaping future champions.
Ligier JS F4 Series: A Stepping Stone for Aspiring Open-Wheel Racers
The introduction of the Ligier JS F422 in the F4 U.S. competition leads to the creation of the Ligier JS F4 Series, offering a competitive platform for drivers transitioning from karting to open-wheel racing. This series exemplifies PMH's commitment to developing the sport at the grassroots level.
The PSSA: Expanding Horizons
The Prototype Sprint Series Association (PSSA) is set to grow from eight to 12 events in 2024, featuring two championships - PSSA East and West - each with a $10,000 prize. This expansion showcases PMH's ambition to offer a diverse and challenging racing environment.
Empowering Dreams through Partnerships and Scholarships
PMH continues to inspire and support racers through various partnerships and scholarship programs like the PMH Powering Diversity Scholarship and the Radford Racing School F4 U.S. Karts to Cars Scholarship. These initiatives are at the heart of PMH's mission to make motorsports accessible to all.
The 2024 Season Kickoff: An Event Not to Be Missed
The 2024 SpeedTour will commence at the Sebring International Raceway from February 22-25. This event, featuring races from SVRA, Trans Am, and International GT, will also host the Hagerty Cars & Caffeine Car Show and OPTIMA’s Search for the Ultimate Street Car, making it a must-attend for every racing enthusiast.
The Full 2024 SpeedTour Schedule
Get ready for a year of non-stop action with races scheduled across iconic venues like Thunderhill Raceway Park, Michelin Raceway Road Atlanta, NOLA Motorsports Park, and many more. Each event promises to deliver unparalleled excitement and showcase the best in motorsports.