4/29/21 Radical Sportscars Coming to Martinsville

Virginia Tobacco Region Revitalization Commission


Radical Sportscars Coming to Martinsville

Company Will Open U.S. Sales Office

Radical Sportscars will open its U.S. Sales Office in Martinsville. The office will open in Patrick Henry Community College’s Manufacturing, Engineering and Technology [MET] Complex.

Radical Sportscars, based in Peterborough, Cambridgeshire is a world-class leader in the production and exporting of its own designed and manufactured racing cars and track cars sold to markets around the world. Thirty-two (32) franchised dealer partners and numerous teams provide an unparalleled opportunity for drivers of all ages and skill levels to race in a portfolio of Radical Championship series at major racetracks throughout the world. Formed in 1987, the company has produced over 2,300 racing cars to date.

The Tobacco Commission assisted with this project through its Foreign Direct Investment program and has provided grant funds for Patrick Henry Community College’s Manufacturing, Engineering and Technology [MET] Complex, including funds to assist with the renovation of the MET II complex where Radical Sportscars will be located.

Tobacco Commission Executive Director, Evan Feinman said, “This is an exciting announcement for Southern Virginia and shows that the region is a perfect choice for advanced technology and manufacturing companies looking for a new home or to expand. The Tobacco Commission has worked together with our community colleges to grow opportunities in the region and bringing Radical Sportscars to Martinsville-Henry County is a perfect match for Patrick Henry Community College’s MET complex and Racing College of Virginia. We wish them the best as they join our Southern Virginia business community.”

Joe Anwyll, Radical Sportscars CEO added, “The USA is our largest market by far, accounting for over 50% of all new vehicle sales worldwide that are sold through a well-established network of partners, based across North America, who are the jewels in the Radical Crown. In order to properly service their needs and the needs of our customers it was vital to be present in the USA and with the immense help, support and guidance we have received in Martinsville-Henry County VA, we are delighted that this long held strategic ambition has become a reality that will over time develop into a manufacturing, distribution, technical and marketing centre for all Radical Sportscars activities throughout North America.”

Motorsports Technology at Patrick Henry Community College’s Racing College of Virginia provides a full-service, hands-on education in high-performance racing engines and chassis fabrication. PHCC Motorsports students work with state-of-the-art equipment and technology including a Serdi Cylinder head valve seat and guide cutting machine, Mittler Pull Down Rig, 3HP Rohrig Shock Dyno and much more. Students in the program get to build racecars and they get the experience of seeing how they do on the race circuit. The success of the program played a vital role in attracting Radical Sportscars to the MET complex and Radical has indicated they will likely hire many Racing College graduates in the future.

Larry Ryder, Board of Directors Chairman, Martinsville Henry County Economic Development Corporation said, “The Martinsville-Henry County EDC assisted Radical in analyzing the North American market, hosting visits in Henry County as well as visiting their operations in the UK over the past three years. The EDC and PHCC staff have been very impressed with the Radical brand which is well known and respected worldwide. We are excited they have chosen to partner with the Racing College and we are hopeful the sales operations are the first of many exciting developments here.”

Jim Adams, Chairman of the Henry County Board of Supervisors added, “Martinsville-Henry County has a rich history of motorsports and today’s announcement continues that tradition. From Martinsville Speedway to the PHCC motorsports program and now to Radical, we continue to set the pace for high performance. Whether it’s racing, engineering, building cars or training the workforce, Henry County truly has it all.”

The Tobacco Region Revitalization Commission is always working to bring innovative businesses to the regions we serve as well as offer support to our Community Colleges as they ensure our workforce is ready to take the jobs those businesses will bring. Radical Sportscars is a perfect example of the success this strategy can bring to Southern and Southwest Virginia.

FOR IMMEDIATE RELEASE
4/29/2021

Contact: Jordan Butler
Telephone: 804-786-7692
Cell: 757-692-0878
Email: jbutler@revitalizeva.org
Website: www.revitalizeva.org