What could be better than making a career of a hobby? On the way home from a dirt race, Bruce Silver, CEO and founder of Racing Electronics decided to place an advertisement in a local racing newspaper, advertising scanners to other race fans as Christmas gifts. It was a gamble but he was a race fan with a knack for gadgets and electronics. His goal was to make a product that would help other race enthusiasts have a more exciting race day experience.
Mr. Silver’s love for auto racing quickly transformed from a hobby into a business. Shortly after starting with scanner sales, race teams were requesting in-car race communication equipment. In 1988, Racing Electronics started selling race communications equipment and today, the premier supplier in NASCAR, IndyCar, NHRA, Red Bull Global Rallycross, ARCA and every sort of short track racing.
The company began in Atlantic County, New Jersey in the Fall of 1988. In 2005, the company relocated to Concord, North Carolina to be at center of racing. In 2015, Racing Electronics was acquired by FanVision Entertainment, an RSE Ventures company. RSE Ventures is a multi-national technology, sports and entertainment venture firm founded by Stephen M. Ross and Matt Higgins.
