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  6. K1 Speed Acquires Speed Circuit

M&A Deal Summary

K1 Speed Acquires Speed Circuit

On January 23, 2024, K1 Speed acquired leisure company Speed Circuit

Acquisition Highlights
  • This is K1 Speed’s 3rd transaction in the Leisure sector.
  • This is K1 Speed’s 3rd transaction in the United States.
  • This is K1 Speed’s 2nd transaction in California.

M&A Deal Summary
Date 2024-01-23
Target Speed Circuit
Sector Leisure
Buyer(s) K1 Speed
Deal Type Add-on Acquisition

Target

Speed Circuit

Chula Vista, California, United States
Speed Circuit is an electric kart racing operator, based in Chula Vista, 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 an 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. K1 Speed was founded in 2003 and is based in Irvine, California.

DEAL STATS #
Overall 3 of 5
Sector: Leisure M&A 3 of 4
Type: Add-on Acquisition M&A Deals 3 of 5
State: California M&A 2 of 2
Country: United States M&A 3 of 4
Year: 2024 M&A 2 of 4
PREVIOUS 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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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-09 Capital Karts

London , United Kingdom

Capital Karts is an indoor electric kart racing brand. Capital Karts was founded in 2003 and is based in London, United Kingdom.

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