CONCORD, N.C., July 18th, 2024 -- RTR® Vehicles is excited to announce a strategic partnership with Fox Factory Holding Corp. (Nasdaq: FOXF) focused on delivering innovation, style, performance, and unrivaled fun to Ford automotive enthusiasts worldwide. This partnership brings together two race-proven, performance-driven companies to accelerate both companies' presence in the off- and on-road markets in a meaningful way by leveraging Fox's highly engineered, precision manufacturing expertise to scale RTR® innovations.
RTR® Vehicles and Fox Factory Partner To Deliver Unrivaled Performance To Enthusiasts Worldwide
RTR® Vehicles is excited to announce a strategic partnership with Fox Factory Holding Corp. focused on delivering innovation, style, performance, and unrivaled fun to Ford automotive enthusiasts worldwide.
“I’m extremely excited about this strategic partnership with Fox,” RTR® Vehicles President and Founder, Vaughn Gittin Jr. said. "Our collective goals and vision for the future are very aligned. The infrastructure and proven track record Fox has with scaling manufacturing, distribution, and strategic dealer placement throughout the country for its highly sought-after product offerings make this one of those dream opportunities that support RTR® and Fox’s trajectory. This partnership will enable us to deliver more performance and technical enhancements to our vehicles while expanding our product offerings for Ford enthusiasts. We have been winning in off-road racing with FOX shocks for years, and now to have the opportunity to execute a winning strategic partnership with Fox Factory is nothing short of amazing!”
This partnership aligns perfectly with both companies' innovative and passionate motorsport DNA. RTR® Vehicles will evolve from a 14-year legacy of vehicle packages installed at Ford dealerships to a pre-title, pre-built vehicle business model. This enables RTR® Vehicles to focus on cutting-edge innovation and product development while leveraging Fox’s established performance products, as well as its highly efficient infrastructure for vehicle production facilities, supply chains, distribution, and inventory management. This streamlined approach will provide a seamless and accessible experience for customers, whether they are purchasing individual parts or a complete vehicle through a nationwide network of authorized Ford dealerships and parts distributors.
“We are focused on continuing to create vehicles that deliver performance and personalization on- and off-road and we are working to lead the way,” said Chief Executive Officer of Fox Factory, Mike Dennison. “Our partnership with RTR® Vehicles demonstrates our ability to deliver performance solutions to more customers, expand across markets, and deepen our product portfolio. Our combined commitment to performance and delivering top-notch customer experience sets a new standard.”
Fox’s Aftermarket Applications Group is renowned for providing high-performance suspension systems and products, featuring premium brands such as Method Wheels and FOX shocks. They expertly integrate these with Ridetech and BDS performance suspensions to enhance horsepower and overall vehicle performance. This partnership expands Fox’s presence in the on-road market with electric and internal combustion-powered offerings, partnering with RTR® Vehicles’ fast-growing, youthful, and premium brand. Additionally, RTR® Vehicles’ off-road offerings bolster Fox’s leadership position which includes lifted and lowered off-road vehicles, SUVs, vans, and side-by-sides.
Together, RTR® Vehicles and Fox share a championship-winning pedigree. Both companies leverage their motorsports experience – on- and off-road – to design, test, and validate performance solutions and vehicles. This partnership brings together the cutting edge of race-proven innovation with modern style and next-level performance, ultimately exceeding the expectations of enthusiasts everywhere.
About RTR Vehicles
RTR® Vehicles’ core business is designing, engineering, manufacturing, marketing, and selling turnkey vehicles and OEM+ quality components in the aftermarket. RTR® is focused solely on Ford vehicles—such as the Mustang, F-150, Ranger, and Bronco, at Ford dealerships globally. RTR® is known for thinking outside of the box and bringing its wild creations to reality, such as the Mustang RTR-X, Ken Block’s Mustang Hoonicorn, and the all-electric Ford Mustang Mach-E 1400. RTR® Vehicles is the brainchild of motorsports champion, Vaughn Gittin Jr., and over the course of the last 14 years has received numerous accolades, earned design awards, and continues to innovate and put smiles on the faces of RTR® customers and fans alike. RTR® Vehicles is based in Concord, North Carolina.
About Fox Factory Holding Corp. (NASDAQ: FOXF)
Fox Factory Holding Corp. (the “Company”) is a global leader in the design and manufacturing of premium products that deliver championship-level performance for specialty sports and on- and off-road vehicles. Its portfolio of brands, like FOX, Marucci, Method Race Wheels, and more, are fueled by unparalleled innovation that continuously earns the trust of professional athletes and passionate enthusiasts all around the world. The Company is a direct supplier of shocks, suspension, and components to leading powered vehicle and bicycle original equipment manufacturers (“OEMs”). The company acquires complementary businesses to integrate engineering and manufacturing expertise to reach beyond its core shock and suspension business, diversifying its product offerings and increasing its market potential. It also provides products in the aftermarket through its global network of retailers and distributors and through direct-to-consumer channels.
FOX and Ridetech are registered trademarks of Fox Factory, Inc. Method is a registered trademark of Custom Wheel House, LLC. NASDAQ Global Select Market is a registered trademark of The NASDAQ OMX Group, Inc. All rights reserved.
