Assets of Velocity Powerboats acquired

Publish date:
With their pad-bottom design, Velocity powerboats are among the fastest non-stepped offshore performance boats.

With their pad-bottom design, Velocity powerboats are among the fastest non-stepped offshore performance boats.

Scott McCormick of Debary, Fla., purchased the assets and trademarks of Velocity Powerboats, which is based in Sanford, Fla. McCormick plans to restart building the full Velocity line, which includes offshore performance boats and center consoles from 19 to 41 feet.

McCormick’s ties to the company date to the early 1990s, when he would frequent the factory, hoping to one day own a Velocity. When he opened a boat transportation business in 1994, Velocity was his first customer.

McCormick spent much of his free time at the factory helping rig boats for delivery. He eventually spent 12 years as general manager of the plant. In 1999, he and Velocity founder Steve Stepp built an offshore raceboat for McCormick, and he ran it to 15 podium finishes and set three speed records.

“My love for the product and the people who build and own a Velocity is unmeasurable,” McCormick said in a statement. “My team and I have an unwavering desire and the vision needed to get this legendary brand back to its place in the offshore world.”


NMMA to Hold State of the Industry Webinar

The March 4 webinar takes place at 11 a.m. and includes the presentation of the Marine Industry Customer Satisfaction Index Awards and the Alan J. Freedman Award.

Sanlorenzo Reports 2020 Financials

Gains in the Asia-Pacific and Americas markets offset losses for the Italian builder’s superyacht division.

Into the High Season

Our monthly Pulse Report survey asks dealers about restocking inventory and more, as the new season looms.

It Takes Two to Tango

The boom in boat sales we’re enjoying is a result of the combined efforts of the National Marine Manufacturers Association and the Recreational Boating and Fishing Foundation.

Besenzoni - for over 50 years ambassador of made in Italy in the world - designs and produces accessories for pleasure and commercial boating characterized by simple and functional design

Besenzoni constantly assists its customers in 90 countries with 187 representative points and a direct assistance network consisting of 164 operating units around the world coordinated by the headquarters.

Sea Tow Saves Cold-Stunned Turtles

Its Corpus Christi outfit is rescuing turtles that were affected by the deep freeze in Texas.