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P1 Groupe Acquires Operation of RacingEdge, One Stop Automotive Classifieds

ORLANDO, Fla., (June 6, 2024) – In an exciting new step in a long-standing partnership, P1 Groupe has recently taken over operations of RacingEdge, an industry leader in premier automotive classified ads online. With over two decades of experience in the professional motorsports industry, P1 Groupe has cultivated invaluable expertise and connections, becoming a go-to resource for clients in need of moving high-performance vehicles.

“P1 Groupe was one of the first in the industry to jump on board with RacingEdge.com to market the inventory of racecars we had available,” said P1 Groupe President Eric Burch. “Getting more hands on with the business itself is just a natural next step for us, and we’re excited to push RacingEdge.com to new heights.”

When RacingEdge.com first launched as a one-stop shop for professional motorsport machines, exotic cars, trucks, trailers, and motorcycle sales, P1 Groupe was first on the contact list. At the time, both brands were exploring the burgeoning online automotive market, and their collaboration soon bore fruit. By leveraging P1 Groupe’s extensive experience and vast inventory, the pair developed a successful auction model and website, which eventually transitioned to a more traditional sales platform.

Listing a vehicle through RacingEdge.com is quick and easy, and listings are promoted through the brand’s website, newsletter, and social media platforms. Sellers on a budget can list for free on the Bronze Package level, or upgrade to Silver, Gold, and Platinum White Glove to receive even more beneficial and unique features.

This enduring partnership has laid a strong foundation for future growth. RacingEdge founder Simon Capreis noted that the joint effort could achieve even greater success with P1 Groupe at the helm of the sales website.

 “P1 Groupe’s track record and dedication to excellence made them the ideal choice to take RacingEdge.com to the next level,” said Capreis. “We are confident that their leadership will unlock new opportunities and drive significant growth for our platform.”

The acquisition marks a pivotal moment for both companies, promising to enhance the online marketplace for high-end automotive sales. With P1 Groupe’s strategic vision and operational expertise, RacingEdge.com is poised to become an even more influential player in the industry, delivering consummate service and value to buyers and sellers alike. For more information visit racingedge.com.