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:
“What you don’t understand is that it is possible to be an atheist, it is possible not to know if God exists or why He should, and yet to believe that man does not live in a state of nature but in history, and that history as we know it now began with Christ, it was founded by Him on the Gospels.”
—Boris Pasternak (1890–1960)
“All history and art are against us, but we still expect happiness in love.”
—Mason Cooley (b. 1927)
“What has history to do with me? Mine is the first and only world! I want to report how I find the world. What others have told me about the world is a very small and incidental part of my experience. I have to judge the world, to measure things.”
—Ludwig Wittgenstein (1889–1951)