K1 Speed Expands Karting Footprint By Acquiring Pole Position Raceway
Nevada/Calif - Aug. 2, 2022 // PRNewswire // - K1 Speed announces today their acquisition of Pole Position Raceway and its two company-owned karting centers in Las Vegas, Nevada and Corona, California.
As a result of the acquisition, both Pole Position Raceway locations will become K1 Speed centers in name, and soon, in look and experience.
"For over 17 years, Pole Position Raceway has done a fine job operating indoor karting centers," says K1 Speed CEO/Founder David Danglard. "We look forward to building upon the foundation they've created."
Both locations remain open to visitors as they undergo a complete transformation. Over the coming months, the temporary track barriers and karts will be replaced with the latest electric karts and permanent track barriers. Additionally, a Paddock Lounge cafe will be constructed at both centers, offering a variety of food options and a new lineup of refreshments.
Existing employees of Pole Position Raceway have been welcomed with open arms into the K1 Speed family for a seamless transition. A third Pole Position Raceway location, a franchise in Des Moines, will continue to operate under the Pole Position name for the time being.
The Pole Position Raceway acquisition adds to a year of growth for K1 Speed in 2022. A total of eight new locations have now opened in the United States and Canada in the first six months.
SOURCE K1 Speed
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