#USA #Pensacola #Velocity #Classic Recreations #Shelby GT500

Velocity’s Game-Changing Acquisition of Classic Recreations

In a bold move to solidify its leadership in the restomod segment, Velocity, renowned for transforming classic cars, has announced a significant acquisition involving the core assets of Classic Recreations. This acquisition includes vital intellectual property, inventory, and equipment, as well as a critical licensing agreement with Carroll Shelby Licensing, Inc. that allows Velocity to continue producing iconic Shelby models like the GT500 and Cobra.

A Strong Response to a Sudden Closure

Classic Recreations faced an unexpected shutdown that left numerous customers in limbo, with many vehicles either in progress or awaiting production. Velocity recognized the urgency of the situation and has stepped in as a stabilizing agent for the industry. The leadership team promptly devised a strategy to support current CR customers and complete unfinished projects. By utilizing its vertically integrated production facility and skilled workforce, Velocity aims to accelerate the completion of these vehicles while introducing improved engineering and quality control.

Seizing a Strategic Opportunity

The acquisition, which was completed through a court-approved bankruptcy sale, is not simply a result of market distress; rather, it reflects a strategic expansion initiative for Velocity. The company views this as an opportunity to broaden its range of offerings, particularly with the iconic Shelby models. With a newly formed partnership for carbon fiber manufacturing with Brothers Carbon, Velocity is poised for significant growth.

Velocity's CEO, Stuart Wilson, emphasized the company’s passion for classic American vehicles and the dedication to customer satisfaction, stating: "These are people who trusted a brand to bring their dream cars to life." He reassured customers that their dreams will be preserved and developed further under Velocity’s stewardship.

Continuing the Shelby Legacy

Neil Cummings, CEO of Carroll Shelby Licensing, expressed enthusiasm about Velocity taking on the responsibility of completing every in-progress build of the iconic Shelby vehicles. He noted that Velocity's expertise positions them as ideal caretakers of the Shelby heritage, aiming to advance the legacy to new generations of automobile enthusiasts.

As part of this transition, Velocity plans to offer affected Classic Recreations customers the chance to shift their projects into Velocity's production line. Although prior contracts will remain with the previous entity, Velocity will initiate consultations with these customers, facilitating a seamless transfer of their unfinished builds into capable hands.

Commitment to Excellence and Customer Satisfaction

Founded in Pensacola, Florida, Velocity has gained international accolade for its meticulous restorations and groundbreaking approaches to modernizing classic vehicles. Their commitment to quality reflects in every project, ensuring each vehicle not only meets but exceeds customer expectations. With the recent acquisition, they are well-equipped to expand their operations without compromising their dedication to automotive excellence.

In conclusion, this acquisition is more than just a business transaction; it's a promise to customers who have placed their trust in classic vehicle restorations. Velocity aims not only to revitalize the dreams of these customers but also to set new standards in the restomod industry. For further details on Velocity’s vision and offerings, visit www.velocityrestorations.com.