M&A Deal Summary

K1 Speed Acquires Pole Position Raceway

On August 2, 2022, K1 Speed acquired leisure company Pole Position Raceway

Acquisition Highlights
  • This is K1 Speed’s 1st transaction in the Leisure sector.
  • This is K1 Speed’s 1st transaction in the United States.
  • This is K1 Speed’s 1st transaction in California.

M&A Deal Summary
Date 2022-08-02
Target Pole Position Raceway
Sector Leisure
Buyer(s) K1 Speed
Deal Type Add-on Acquisition

Target

Pole Position Raceway

Corona, California, United States
Pole Position Raceway creates an exciting environment where casual drivers and professional racers have a chance to test their skills against one another on equal terms, and to introduce new people to the dynamic world of motorsports while giving hard-core racers and fans an experience that they will want to share with friends. Pole Position Raceway was formed in 2005 and is based in Corona, California.

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Buyer(S) 1

Buyer

K1 Speed

Irvine, California, United States
Category Company
Founded 2003
Sector Gaming
DESCRIPTION

K1 Speed is the nation’s largest operator of indoor go-kart racing tracks, with eight locations in Southern California, Seattle, Phoenix and Ft. Lauderdale. K1 offers electric kart racing which caters to novices, auto racing enthusiasts, racing professionals and corporate events.

DEAL STATS #
Overall 1 of 5
Sector (Leisure) 1 of 4
Type (Add-on Acquisition) 1 of 5
State (California) 1 of 2
Country (United States) 1 of 4
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-10 Autobahn

Jessup, Maryland, United States

Autobahn is an operator of indoor go-karting racing tracks. Autobahn was founded in 2012 and is based in Jessup, Maryland.

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