Why Is Traxxas Not Sold By T Tower Hobbies?

How long have Tower Hobbies been in business?

Tower Hobbies, a leading online retailer, has a long history of making shopping easy and enjoyable. They were the first in the industry to offer toll-free “800” phone order lines and launched their award-winning TowerHobbies. com website in 1995. Tower Hobbies has always prioritized customer satisfaction and has expanded its product line to include popular brands like Axial, ARRMA, E-flite, Losi, Spektrum, and RealFlight.

Horizon Hobby acquired Tower Hobbies in 2018, allowing them to offer an unprecedented lineup of best-selling brands. Tower Hobbies thanks its customers for their continued support and promises to continue providing excellence in service, selection, and support for over 50 years.

Is Tower Hobbies owned by Horizon Hobby?

Tower Hobbies, established in 1971 by hobbyist Bruce Holecek, is currently a division of Horizon Hobby, LLC, headquartered in Champaign, Illinois. Horizon Hobby, LLC is a subsidiary of the larger company.

What happened to Hobbico?

Lincoln International, a leading global mid-market investment bank, has announced the sale of Hobbico, Inc., a company based in Champaign, Illinois, in three separate transactions. The sale was made under section 363 of the bankruptcy code. Hobbico designs and distributes radio-controlled and general hobby products globally, offering a wide range of vehicles, models, and related accessories. The company’s products are sold through a network of independent hobby dealers, big-box retailers, and online platforms.

Lincoln served as the exclusive investment banker to Hobbico and worked closely with the management team and stakeholders through the chapter 11 bankruptcy and section 363 sale processes. The comprehensive evaluation of strategic alternatives led to the sale of Hobbico’s operating businesses to three different acquirers, including one in Germany. Managing Director Alex Stevenson expressed satisfaction with the successful closure of the transactions and the preservation of Hobbico’s iconic brands in the hobby industry.

Does Horizon Hobby own ARRMA?

The ARRMA website, its content, functionality, and design are protected by copyrights, trademarks, designs, and other intellectual property rights. The website is not a toy and is not suitable for children under 14 without adult supervision. Parents and guardians are responsible for ensuring minors receive appropriate guidance. The product is not suitable for public streets, near people or animals, or in small areas.

It is important to read the online manual and familiarize yourself with the product and its electronics before operating. The kit is in accordance with RED Directive 2014/53/EU and should be kept out of reach of small children. The product is RTR only and is in accordance with RED Directive 2014/53/EU.

Is Traxxas hobby grade?

Traxxas, founded in 1986, is the leading manufacturer of Ready-To-Race nitro and electric radio controlled vehicles. The company focuses on innovative designs and fun designs, making it easy for anyone to get started in radio control. Traxxas offers a range of products including trucks, cars, speedboats, quadcopters, and accessories. Prices start at less than $150, with over 25 performance models under $350. Traxxas has been engineering and building the world’s fastest and most innovative Ready-To-Race® radio-controlled performance machines since 1986.

Traxxas models are fully assembled with powerful, feature-rich radio systems and are ready-to-drive in just minutes, including the 100mph Traxxas XO-1 supercar. The company has made several firsts, including fuel-burning Ready-to-Run RC, driver-actuated forward/reverse transmission, remote-operated locking differentials, high/low transmission, auto-shifting 2-speed transmission, waterproof electronics, 2. 4GHz transmitter with Apple iOS interface, 100mph RTR vehicle, and self-righting monster trucks.

What does VXL stand for Traxxas?

Velineon®, an abbreviation for Velineon®, is a high-power brushless power system used in Traxxas vehicles. These components are precision-crafted using high-quality materials for high speeds, consistent power, and low maintenance. Wheelie bars, a stabilizer bar attached to the rear of a vehicle with wheels, limit the front end’s lift under full-throttle acceleration. Wheelbase, the distance between the centerline of front and rear wheels, is an important factor in vehicle body fit.

Is Traxxas or ARRMA better?

Traxxas is the pinnacle of excellence in the realm of radio-controlled vehicles, distinguished by its exceptional durability, robust aftermarket support, exemplary customer care, and unparalleled accessibility to novices. Regardless of one’s level of experience, Traxxas consistently demonstrates unparalleled excellence and reliability. Select a Traxxas model from RC Superstore to enhance your RC experience with a comprehensive range of in-stock vehicles, including cars, trucks, and associated components.

Who is the owner of the Hobbico?

Hobbbico, Inc. was a manufacturer and distributor of hobby products, including radio control airplanes, boats, cars, helicopters, and multirotors/drones. The company had around 850 employees worldwide. In 2018, Hobbico filed for Chapter 11 bankruptcy protection and announced its sale. Horizon Hobby acquired control of most Hobbico RC brands and IP, except for Great Planes Manufacturing. Estes Industries acquired the Estes-Cox business unit, and a German venture capital group acquired Revell Germany whole and the Revell-Monogram brands, IP, and molds.

The company distributed over 150 brands of hobby products, including about 30 proprietary brands. Hobbbico was the exclusive distributor for Futaba radio control products in North and South America, O. S. Engines in North America, and HPI Racing, Italeri, Novak Electronics, and Nine Eagles in North and South America.

Does Horizon Hobby own ArRMA?

The ARRMA website, its content, functionality, and design are protected by copyrights, trademarks, designs, and other intellectual property rights. The website is not a toy and is not suitable for children under 14 without adult supervision. Parents and guardians are responsible for ensuring minors receive appropriate guidance. The product is not suitable for public streets, near people or animals, or in small areas.

It is important to read the online manual and familiarize yourself with the product and its electronics before operating. The kit is in accordance with RED Directive 2014/53/EU and should be kept out of reach of small children. The product is RTR only and is in accordance with RED Directive 2014/53/EU.

Who is Traxxas competitor?

Traxxas is confronted with competition from a number of other entities, including Volkswagen Autoeuropa, Derco, Nokian Tyres, and Royal Enfield.