K1 Speed Acquires Autobahn Indoor Speedway
February 19, 2024
K1 Speed, the global indoor electric karting operator, acquired Autobahn Indoor Speedway’s 11 U.S. venues, consolidating the domestic indoor karting market and expanding K1’s footprint into four additional states (Maryland, New York, Wisconsin and Alabama). The deal was executed as part of K1 Speed’s broader growth program (supported by a new investment partnership with Verlinvest) to accelerate domestic and international expansion and reach new markets.
- Buyers
- K1 Speed, Verlinvest
- Targets
- Autobahn Indoor Speedway, Accelerate Indoor Speedway, Speed Raceway, Speed Circuit, Tampa Bay Grand Prix, Freem
- Sellers
- Autobahn Indoor Speedway ownership group (founders/owners, including Michael Greene)
- Platforms
- K1 Speed, Inc.
- Industry
- Media & Entertainment
- Location
- Maryland, United States
- Transaction Type
- Addon
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