SCCA Enterprises and SCCA Pro Racing have been merged into one subsidiary entity of the Sports Car Club of America, named SCCA Ventures Inc., the SCCA Board of Directors announced today. The former subsidiaries will continue to operate as independent divisions within the SCCA Ventures structure.
The move allows a more structured oversight and reporting process for the for-profit arms of the Sports Car Club of America, and provides a number of administrative advantages for the businesses.
“To the outside world and for the customers and clients of the entities, this change will appear seamless,” Lee Hill, SCCA Inc. Chairman, said. “Pro Racing and Enterprises will continue to operate as before. Instead of each being SCCA wholly-owned corporate entities, they are now divisions of a single wholly-owned corporate entity, with some administrative tasks, such as accounting, combined.”
The oversite of Ventures is a five-person corporate board, which reports to the SCCA Board of Directors. Dan Helman, Vice-chair of the SCCA Inc. Board of Directors, serves as Chairman, with a slot for an at-large appointment (former SCCA Chairman John Walsh), SCCA’s senior finance employee (Mindi Pfannenstiel), and the respective Division presidents (Mike Collins and Roby Clark). Each division’s current board will remain active as a committee to guide the respective operations.