
Originally Posted by
tim@racepak
I was notified of this thread by our Sales Manager, and wanted to jump back on here and bring everyone up to date, as the above postings are are good, legit questions that I felt needed to be answered. My move to president of the company (about five years ago) has taken me away from the hands on support (forum posts, onsite, etc) and to running the business on a day to day basis. Now, on to the subject of day to day business and the relationship to our current and future product upgrades.
I am not sure if everyone is familiar with the history of our ownership, as that will better explain where we are, at this time. Racepak was purchased approximately 10 years ago by an investment group which at that time, also owned MSD among other companies, thus our close relationship with MSD. During the subsequent 10 years, we have moved through four different ownership groups, and the associated business model changes which go with each group. Those types of changes impact our internal business model plans and as such, we had to rearrange potential new product development, based on ownership.
Last year, we were purchased by the Holly family of performance products, which has proven to be a great relationship, in that they value new product development. For Racepak, that means we can get back to what we do best, developing new software and hardware, for the motor sports market. With that said, the development period for software and hardware is not a short period....it can be anywhere from 12-24 months depending on the complexity of the product and related components.
We have a short and long list of products we desire to bring to market, products which are not going to be a rehash of old designs, but rather products which we feel will take Racepak well into the future and provide what many customers most want...answers to problems.
Below is my direct phone number. I have included this as I would be happy to address any questions anyone might have, regarding our company, future products or any other subject. Feel free to call me any time.
Thanks
Tim
1-949-709-1592