AUSTIN, TX – (December 11, 2025) —FloSports is deepening its ties to dirt racing and investment in the sport with the acquisition of the storied Lucas Oil Late Model Dirt Series (LOLMDS) from Lucas Oil Products. The acquisition represents a strategic step for FloSports as it continues to invest in and operate key motorsports properties and high-value sports IP. The announcement was made today by FloSports CEO and Co-Founder, Mark Floreani and Lucas Oil CEO, Morgan Lucas.
investment
FloSports, NASCAR Add $50k To Purse For Virginia Triple Crown Continuing Unprecedented Investment In Regional Racing
DAYTONA BEACH, Fla. (June 10, 2025) – One of the most iconic titles in Late Model Stock Car racing just got a major upgrade. FloSports and NASCAR today announced that they will contribute $50,000 to the purse for the Virginia Triple Crown raising the overall champion purse to $20,000 – making it the richest prize in the event’s storied history. FloRacing will now also be the presenting partner of the Virginia Triple Crown.
Koenigsegg Automotive Announces Strategic Growth Investment From Chieftain Capital Management
Koenigsegg Automotive is excited to announce that it has received a €50 million investment from Chieftain Capital Management to support the next chapter of growth for the company and strengthen its position as a leader in the megacar industry. Majority owner Christian von Koenigsegg, through his family holding company, is also increasing his stake in the company alongside Chieftain. (more…)
The Best Car Care Tips
As a car owner, you are responsible for your car maintenance. This can be expensive and time-consuming if you do not know how to properly care for your car.
This guide will help you understand the best ways to care for your car so you experience less maintenance and a longer lifespan.
Classic Corvettes for Sale – How to Find the Perfect Model for You
Classic cars are expensive and are considered heirlooms to many wealthy families. It is why these cars are still highly-priced even in today’s world.
Despite being constructed of fiberglass, Corvettes still require a great deal of steel for structural purposes. Over time, they may be vulnerable to corrosion. (more…)
KDI Office Technology Extends Relationship With Dover Motorsports, Inc., Tracks Dover International Speedway and Nashville Superspeedway
KDI Office Technology and Dover Motorsports, Inc., have extended their longtime partnership to include Nashville Superspeedway, track and company officials announced today.
EVO Opens Investment Round Allowing Fans to Own Part of Future Earnings of Professional Athletes
FORT MYERS, Fla., January 28, 2021 — Evolution Development Group, Inc. (EVO) today announced that sports fans or anyone in the general public can invest online in their athlete development company and share in the earnings of any professional race car driver, boxer, MMA fighter, golfer or other professional athletes that EVO signs to a development contract in the future.