Revolution Race Cars makes leadership changes after receiving American investment

Motorsport technology company Revolution Race Cars has secured funding through a partnership with Cabotage Corporation, an American investment firm, aimed at accelerating the development of new models within Revolution’s line-up of prototype race cars. These cars are engineered for new and experienced drivers, with a focus on making advanced Le Mans Prototype technology more accessible.

The new funding will also support Revolution’s mission to provide competitive and durable vehicles to motorsport circuits and racing schools worldwide.

Phil Abbott, co-founder of Revolution Race Cars, commented, “With this new investment and leadership, we’re poised to introduce exciting new models and push the boundaries of performance.”  

Cabotage Corporation has acquired full ownership of Abbott Automotive, the company behind Revolution Race Cars. Along with the investment, a new management structure will be implemented. As part of this, Zac Moseley will become chairman and Nigel Redwood will join as managing director. Phil Abbott will remain as operations director, focusing on race car design and development, while James Abbott will continue as head of product development. The restructuring will enable the Abbott family to concentrate on developing race cars while Redwood manages the commercial aspects of the business. Additionally, Zac Moseley, Jessica Moseley and Marc Russell will join the board of Abbott Automotive.

This strategic shift enhances Revolution’s reach in the USA, particularly as Classic Car Club Racing, the East Coast dealer for Revolution, is now integrated with Abbott Automotive. Revolution Race Cars expressed gratitude to its outgoing directors and investors, including Marcel Aebi, Michel Frey, Jean Gandar and Romain Rousseaux, for their support in the company’s early stages.

Moseley explained, “The motorsport industry has experienced colossal growth in the US market over the past 10 years. More than a dozen new racing circuits are currently under construction across America, access to motorsport academies is at an all-time high and the explosion of interest in Formula 1 and other racing series is driving Americans from the golf course to the racetrack.

Marc Russell, a long-time Revolution customer and investor, added, “I am truly excited to invest in this team and contribute to expanding Revolution’s reach across North America. The team’s plans for the model line-up are impressive, and I believe they will offer a broad range of cars that will appeal to a wide market.”

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