P1racenews AI automatic summary:
Parella Motorsports Holdings has announced the acquisition of MotorsportReg, making the world’s largest motorsports events calendar a wholly-owned subsidiary of PMH. “Parella Motorsports Hold…
Parella Motorsports Holdings announced acquiring MotorsportReg, becoming its sole subsidiary. CEO Tony Parella emphasized their shared goal of expanding access to motorsports. PMH manages seven road racing series, hosting 24 race weekends under the SpeedTour label. MotorsportReg processes over 500,000 registrations for various motorsport events in the U.S. and Canada, automating tasks and aiming to grow participation. The acquisition was completed in June, with continuity assured for MotorsportReg customers under the new ownership.
