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Remington owners Vista Outdoors to complete Fox Racing …

An agreement has been established whereby Fox Racing is set to be acquired by Vista Outdoor. 

Fox Racing is one of the most high-profile brands in two-wheeling as a whole, let alone in the off-road motorcycle scene. With riders like HRC’s Ken Roczen, Tim Gajser and Mitch Evans, as well as KTM’s Ryan Dungey and Kawasaki’s Adam Cianciarulo, and prominent woman racer Jordan Jarvis all in Fox Racing, their presence in motocross puts them among the biggest brands in the sport. 

Back in 2014, Fox Racing was subject to a “majority recapitalisation” by Altamont Capital, which Swap Moto Live reports was worth around $200 million.

Less than eight years later and Fox Racing is changing hands again, with Vista Outdoors agreeing a deal with Altamont Capital to acquire Fox Racing for a reported $540 million, according to Business Insider. The deal is expected to close in the third quarter of the 2023 financial year.

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