Statesville, North Carolina, December 20, 2025 A devastating plane crash near...

Parella Motorsports Holdings Acquires Racing America
Charlotte, NC, December 11, 2025 Parella Motorsports Holdings has successfully acquired Racing America, creating North America’s largest integrated grassroots motorsports platform. Headquartered in Charlotte, this strategic move enhances engagement within the local racing community and introduces innovative features for fans and competitors. The acquisition is poised to boost the economy and foster collaboration among local businesses. Velocity Capital Management facilitated the acquisition, anticipating exciting developments as the 2026 season approaches. Parella








