One man’s misery is another man’s blessing…. or however that saying goes. I should point out that Skip Barber the man is no longer affiliated with the Racing School he started and one that bears his name. He’s doing fine and happy owning Lime Rock. The school on the other hand has gone bancrupt. And there are a lot of unhappy people who haven’t gotten paid looking for some of their hard earned money.
This weekend a facebook post popped up about a Liquidation Sale of all of Skip Barber Racing School’s assets. Someone may be very interested in this. The press release is below.
I’m just going to go out on a limb and speculate here that soon there will be a ton of NC Miata’s hitting the track in club and amateur racing scene that were once Skippy cars. In fact I always said that the reason I bought my Miata was because one had crashed into my station at Road Atlanta during the Playboy MX-5 Miata Cup race… well there were two classes in those races, with the slower field being Skip Barber Racing School cars/drivers. Looking at the pictures the Skip Barber Miata’s even use the same BFGoodrich g-Force Sport Comp tires I use on my car!
FOR IMMEDIATE RELEASE
Liquid Asset Partners to Acquire Skip Barber Racing School
New York, NY – Skip Barber Racing School has received U.S. Bankruptcy Court approval in New York to sell all their assets and intellectual property to Liquid Asset Partners. The school is one of the largest racing institutions in the world. It has a 40+ year history providing racing instruction, defensive and high-performance driving classes, amateur and professional racing championships, and corporate entertainment experiences. Their list of Alumni includes top racers, business professionals, and world famous actors.
While most of the physical assets will be sold in a three month liquidation sale starting August 29, the iconic brand is available for outright purchase offers or potentially for licensing to regional race schools or tracks that want to grow their race programs. Liquid Asset Partners utilizes a unique approach to Intellectual Property and values the enormous brand recognition of the Skip Barber Racing School. Other schools and race tracks with instructional programs could add quality and demand to their race programs from the Skip Barber Racing School association.
A three-month liquidation sale will be held in Braselton, GA starting August 29. The sale will include hundreds of race cars and high-performance engines, transmissions, and components for Barber formula race cars, Mazda Miata, Porsche 911, Mustang GT, semi-trailers, trucks, fleet equipment, race equipment, memorabilia, and historical vehicles.
“Skip Barber Racing School has built a great track record for over 40 years as the leading race and performance driving school. We feel honored to have this opportunity and are starting to talk to different parties about options for its future,” said Bill Melvin, owner of Liquid Asset Partners. “The demand for Skip Barber Racing School training is very high, and it’s amazing how most men know the Skip Barber Racing School as the best of the best. It just needs the right structure for it to grow for another 40+ years. Licensing to numerous tracks could be an option. Adding the Skip Barber Racing School to any track curriculum would be a huge draw for any local race community, or a national player may emerge to acquire the brand for a national program already in place.”
Press contacts or interested parties should contact Liquid Asset Partners at 616-719-5917 to discuss.
About Skip Barber Racing School:
Since 1975, Skip Barber Racing School, based outside Atlanta, GA, has operated a fully integrated system of racing schools, driving schools, racing championships, corporate events and special projects across North America. The organization delivers a combination of high quality instruction, equipment, facilities, and memorable experiences. Their history includes associations & ventures with Mazda, Dodge, Porsche, Ford, and more. Some of their best know alumni include Michael Andretti, Danica Patrick, Juan Pablo-Montoya, Bill Elliot, Jeff Gordon, Kyle Petty, Al Pacino, Charlie Sheen, Jerry Seinfeld and more.
About Liquid Asset Partners:
Since 1974, Liquid Asset Partners, based in Grand Rapids, MI, is an acquisition and disposition leader in motorsports, retail and wholesale industries across North America. Liquid Asset Partners specializes in creative ways to assist companies in unlocking value from underperforming assets. Some notable projects include Erik Buell Racing (motorcycles), BarcLounger, Circuit City, the Indian Motorcycle Company, and more.
And of course the pix:
photo credit: Liquid Asset Partners facebook page
So if you’re in a market for new or used parts, tires, engines, transmissions, complete and incomplete cars, haulers, vans and trucks do reach out to this company and get a little piece of the action probably at greatly reduced price…
Liquidation Sale! Skip Barber Racing School liquidation starts Aug. 29th & will run 3 months until everything is sold! 5489 Technology Parkway Braselton GA. Call for info 616.719.5917