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Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. [3] The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.
The company currently operates out of Charlotte, North Carolina, but is no longer a race team. Holman-Moody continues to manufacture racing vehicles using vintage parts and methods, along with special editions of modern Ford sports cars. [1] The race team built virtually all of the factory Ford racing vehicles of the 1950s, 1960s, and 1970s. [2]
Smith was born and raised near Oakboro, North Carolina. In 1959, he and stock car racing driver Curtis Turner partnered to construct the Charlotte Motor Speedway, a 1.5-mile (2.4 km) banked racetrack in Concord, North Carolina. After the initial failure of the speedway, Smith went bankrupt, leading him to work in the car dealership business.
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Collier Motors is a private car dealership primarily selling cars built by American Motors Corporation (AMC) as well as with other makes. The business was for many years an AMC franchised dealership located on business U.S. Route 117 in Pikeville, North Carolina .
In October 2007, Kauffman purchased part ownership of Michael Waltrip Racing, a NASCAR Sprint Cup Series team. [3] Kaufman also owns RK Motors, a car collection in Charlotte, North Carolina, where he resides; [4] he also competes in sports car racing events and has competed in the 2011 and 2012 24 Hours of Le Mans, the 2012 and 2013 24 Hours of Daytona, and in the Rolex Sports Car Series. [3]