REFLECTOR: Velocity Acquired by Rocket Racing League

Brett Ferrell reflector at velocityxl.com
Mon Apr 14 08:02:52 CDT 2008


from Monty Python and the Holy Grail.....

  BEDEMIR:  Oooohoohohooo!
  LAUNCELOT:  No, no, aauuuuugh, at the back of the throat.  Aauuugh.
  BEDEMIR:  No, no, no, oooooooh, in *surprise and alarm*.

http://www.msnbc.msn.com/id/24100365/

"The Rocket Racing League says its rocket-powered race planes will take off for their first public demonstration on Aug. 1 at the EAA Airventure air show in Oshkosh, Wis.

But that's just the start. The league's founders have also acquired an airframe-manufacturing company, taken on a new partner to build rocket engines and set up a string of subsidiaries."

{...snip...}

"The company that built the airframes for both racing planes, Florida-based Velocity Aircraft, has been acquired by Rocket Racing and will operate under the aegis of a new subsidiary called Rocket Racing Composites Corp. Velocity will build a new line of private planes as well as the airframes for future Rocket Racers."

---------------------------------------------------------------
According to MSNBC News, Velocity has been purchased by the Rocket Racing
League and will be developing new luxury 4 and 6 place aircraft, some priced
at a million dollars. Has anyone heard details? I checked the Velocity site
and there is no mention of this.



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