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Summit Racing Equipment started in 1968 [1] in Akron, Ohio and grew to over 100 employees by 1993, with their mail-order catalog driving their performance auto parts sales. [ 2 ] In 2016, Summit Racing announced it would open a warehouse and retail facility in Arlington, Texas; their fourth location after McDonough, Georgia; Sparks, Nevada and ...
In 2018, Ritchie Bros. acquired Leake Auction Company, an Oklahoma-based collector car auctioneer. [12] In August 2021, the acquisition of Euro Auctions , a Northern Ireland auction house that buys and sells industrial plant, construction equipment, and agricultural machinery for £775 million was announced. [ 13 ]
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The Lark, in particular, was based on existing parts to the degree that it even used the central body section of the company's 1953–58 cars, but was a clever enough design to be popular in its first year, selling over 130,000 units and delivering a $28.6 million profit to the automaker ($298,928,767 in 2023 dollars [15]). "S-P rose from ...
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