INDIANAPOLIS — Parella Motorsports Holdings and SCCA Pro Racing are strengthening their current partnership by entering a historic 25-year agreement.
Under the expanded agreement, PMH will assume responsibility for promotion, operating, staffing and commercial aspects of SCCA Pro Racing starting in 2022, while sanction and sporting oversight of the Formula 4 U.S. and Formula Regional Americas Championships and FIA international events will remain with SCCA Pro Racing.
“Bringing SCCA Pro Racing centrally under the management of PMH will serve to strengthen all of our properties,” said Tony Parella, PMH Owner and CEO. “This cornerstone agreement sets PMH up for continued success, delivering immediate improved operational and organizational strength, while maintaining agility and focus on new opportunities.”
Optimizing the organizational impact of PMH will have an immediate and positive impact for all stakeholders, partners, staff, contractors and fans.
“We have been partners with Tony and the PMH team supporting the Trans-Am series since 2017 and they have done a great job growing and promoting the Formula 4 U.S. and Formula Regional Americas Championships this year,” said Mike Cobb, president and CEO of SCCA. “Tony and I share a lot of the same values of integrity, fairness and professionalism. We are excited to build on this success in the future, to deliver the best racing experience possible for our combined membership, partners and fans.”