Powerboat Nation - Velocity Powerboats Sold to Florida Based Business

Velocity Powerboats, founded by industry-veteran and former offshore world champion Steve Stepp has been sold to a private Florida-based company, and the sale was finalized on Wednesday the 31st. Under the new owners, Stepp will stay at Velocity as a Design Consultant, using his veteran skills to continue to push Velocity concepts to new levels. The new owners, Brad Resch and Scott Tubbs are putting forward an expanded vision for Velocity, intending to broaden the companies horizon. 

"Our direction and game plan right now is to diversify with a new model line for 2014 with some traditional models Velocity is known for plus some new models to expand into other segments of the industry," said Resch. "Velocity has a great history and we don't want to change that. The reality is that if we offer a broader line of boats, it will be better for our customers and better for us to grow as a company."  More; Powerboat Nation - The Online Performance Boat Forum - Velocity Powerboats Sold to Florida Based Business