Team Losi Racing, often referred to as TLR, has been designing radio-controlled cars and accessories for 40 years primarily as high end competition products. In November of 2021, Horizon Hobby announced the acquisition of Realflight RC Flight Simulator from Knife Edge Software. īefore being purchased by Horizon Hobby, the Losi remote-controlled car division had been a separate company founded by Gil Losi with the release of the JRX2 in 1988. Horizon Hobby entered an agreement to purchase its competitor, Hobbico, in April 2018. and Champaign-based Armory Capital LLC founded by Jacob Ambrose. The group includes Minneapolis-based Mill City Capital L.P. On December 9, 2013, Horizon announced that the company was being bought by a group of investors led by Horizon's CEO, Joe Ambrose. In 1992, Hobby Dynamics merged with Horizon Hobby which led the company to direct-to-consumer sales. In October 1985, Horizon Hobby was founded by Rick Stephens, an American entrepreneur. It currently manufactures various hobby-grade radio-controlled (RC) models, as well as Athearn model trains and die-cast models, which it sells direct to consumers as well as to hobby retailers. is an American international hobby product distributor, headquartered in Champaign, Illinois, United States. JSTOR ( November 2015) ( Learn how and when to remove this template message).Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |