History
"Romeo Palamides, an early drag racing innovator and grandfather of jet car racing, designed and crafted leading edge, high strength-to-weight magnesium drag racing wheels for a competition dragster designed in the early 1950s for competition. The vehicle debuted on the cover of the November 1956 issue of Hot Rod Magazine. The car gained attention but, in the early years of hot rodding, there was considerable street enthusiast interest in the lightweight, high-tech wheels he had custom-designed for the car. Romeo's vision, working from Jim Ellison's small machine shop in San Francisco, along with engineering innovator Tom Griffith, evolved into America's leading aftermarket wheel company. In 1956, they formed American Racing Equipment."(http://www.americanracing.com/company.asp)
Platinum Equity investment group acquired American Racing Equipment Inc in June 2005.
Read more about this topic: American Racing
Famous quotes containing the word history:
“We said that the history of mankind depicts man; in the same way one can maintain that the history of science is science itself.”
—Johann Wolfgang Von Goethe (1749–1832)
“When the landscape buckles and jerks around, when a dust column of debris rises from the collapse of a block of buildings on bodies that could have been your own, when the staves of history fall awry and the barrel of time bursts apart, some turn to prayer, some to poetry: words in the memory, a stained book carried close to the body, the notebook scribbled by hand—a center of gravity.”
—Adrienne Rich (b. 1929)
“Humankind has understood history as a series of battles because, to this day, it regards conflict as the central facet of life.”
—Anton Pavlovich Chekhov (1860–1904)