Frisini Motorsports announced it purchased the molds for Spectre power catamarans and is now producing boats at its manufacturing facility in Tampa Bay, Fla.
"I saw a big gap in the market for a reasonably priced performance boat," said Tony Frisian, owner of Lyndhurst, N.J.-based Frisini Motorsports, in a statement. "Performance boat prices have soared out of control over the last few years and its time to make this great pastime affordable again."
Production of the new boats began in February and two new models are already in the tooling shop being built, the company said.
"I am excited about working with Frisini Motorsports as they bring heavy financial backing to Spectre and are dedicated to bringing the Spectre name back to the top of the boating world again. Spectre has been a lifelong dream of mine and I'm looking forward to continuing to build a superb product," say Jay Pelini, head of manufacturing, in a statement.