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In 1990, GM finally introduced their ZR-1 Corvette which obtained similar performance characteristics as the 1989 Callaway Twin-Turbo option. Although power was up to 390 hp (291 kW) and 562 lb⋅ft (762 N⋅m) of torque, 1990 saw the lowest number of (B2K) Callaway Twin Turbo Corvettes ordered: 59 were ordered, with only 58 actually built.
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At the time, Callaway held a 14% share of Topgolf. [19] Callaway had invested in Topgolf since 2006, with CEO Chip Brewer serving on the Topgolf board since 2012. [20] In October 2023, Topgolf Callaway successfully completed the acquisition of its competitor, BigShots Golf, for a sum of $29 million.
In 2017, Callaway acquired OGIO, a US-based bag and apparel brand, and TravisMathew, a California-based lifestyle and golf apparel brand. [16] [17] In 2019, Callaway acquired German outdoor apparel company Jack Wolfskin. [18] On October 27, 2020, Callaway announced it will acquire Topgolf Entertainment Group for $2 billion. [19]