MOORESVILLE, N.C. – Canadian entrepreneur and Rette Jones Racing co-owner Terry Jones has officially acquired Port City Racecars, effective immediately.
Under its new ownership, Port City Racecars will continue operating as a premier racecar facility, specializing in manufacturing championship-winning chassis, providing top-tier technical support and supplying premium race parts to competitors across North America.
Former owner Gary Crooks will continue to play an active role in the company’s daily operations, ensuring a seamless transition while maintaining business as usual. Additionally, industry leader Jeff Fultz, known for his wealth of experience and expertise in short track racing, will remain in his influential role, contributing to the company’s continued success.
“This acquisition marks a significant milestone for the Jones Group,” said Terry Jones. “For more than 40 years, Port City Racecars has been a cornerstone of short-track asphalt racing. My goal is not only to ensure its continued success for another four decades but also to drive its evolution within the industry.”
Jones’s vision for Port City Racecars includes a strengthened leadership team and a new lineup of partners, including Crooks, Rette Jones Racing co-owner Mark Rette, newly appointed Rette Jones Racing vice president of operations Greg Zipadelli, and NASCAR Cup Series driver Noah Gragson.
Crooks, a driving force behind Port City Racecars’ success, expressed enthusiasm for the future while reaffirming his commitment to the company.
“Port City Racecars and asphalt short track racing have been my life’s work, and I’m excited to continue playing a key role in the industry in this next chapter,” offered Crooks. “Working alongside Terry, Mark, Greg, and Noah brings a new level of opportunity and expertise to the table.”
“I do not doubt that this team and I will take Port City Racecars to new heights, and I look forward to being part of that journey.”
Gragson, who will compete in limited Late Model events for Rette Jones Racing this season, added, “Everyone who knows me understands my passion for short track racing,” said Gragson. “Becoming a partner at Port City Racecars allows me to bring fresh ideas from a driver’s perspective while working behind the scenes to ensure we’re building and producing race-winning chassis for today’s short track racers and the next generation.”
Zipadelli, known for his extensive experience in motorsports management and competition, sees the acquisition as an opportunity to expand Port City Racecars’ reach and impact.
“We have an incredible opportunity to build on Port City Racecars’ strong foundation while pushing the boundaries of innovation,” said Zipadelli. “Our goal is to provide racers with the best equipment possible, backed by a team passionate about delivering excellence. I’m excited to be part of this journey and look forward to what’s ahead.”
Rette, who has played a crucial role in Rette Jones Racing’s success, emphasized the long-term vision for Port City Racecars and the collective expertise driving its future.
“This is an exciting time for Port City Racecars and everyone involved,” explained Rette. “With the experience and knowledge of this group, we’re committed to building on the legacy of excellence that Port City has established.
“Our focus is on innovation, performance, and providing racers with the best equipment possible. I’m looking forward to what we can accomplish together.”
With Jones at the helm and a powerhouse leadership team in place, Port City Racecars is positioned to continue its legacy as an industry leader while embracing new opportunities for growth and development.
For more information on Port City Racecars, please visit portcityracecars.com, follow them on Facebook, and like them on Instagram, X (formerly Twitter) and YouTube.com.
