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Horizon hobby11/13/2022 ![]() ^ "Horizon Hobby being sold to investors".^ "L&S sold to Horizon - 11:52:00 AM - Playthings".1/8 8IGHT-XT/XTE Truggy (Also comes w/ electric configuration).1/8 8IGHT-XT/XET Truggy (Also comes w/ nitro configuration).In March 2007, Gil Losi, Jr., co-founder of Losi, left Losi for Kyosho America. These were the 'Cherry Bomb', 'Da Bomb' and the 'Grim Sleeper', both using Losi race-specification ball bearings. Other, unusual items produced or endorsed by Losi include the PlayStation video game "Team Losi: R/C Racer" and a Team Losi line of high-performance yo-yos designed by Steve Brown. Losi continues to operate in Southern California alongside Horizon Hobby. of Team Losi sold the Team Losi brand to Horizon Hobby in 2001. However, the partnership lasted only a few months before the two companies split. #HORIZON HOBBY DRIVERS#Most (if not all) Losi Factory Drivers were using Trinity motors or batteries at the time. In the late 1990s, Ernie Provetti's company (Trinity) bought a 50% stake in Losi. Team Losi early success in the 1/10-scale offroad electric category winning multiple world championship. The Street Weapon was not only Team Losi's first on-road Sedan, but also the first IFMAR IWC Touring Car Championship Chassis. The JRx-Pro SE was the first competition buggy to come standard with a molded composite chassis in an era where stamped aluminum and graphite plates were the standard. The JRx-T was the first "purpose built" electric stadium trucks that didn't require racers to modify an existing buggy. Team Losi, along with Team Associated, have helped shape the R/C industry into what it is today. When it was released to the public in 1988, the JRx-2 featured many innovations that were unheard of at the time, from its unique 5-link rear suspension arms, carbon-graphite chassis, and all-natural rubber racing tires, the JRX2 set the stage for technological advancement and innovation. Team Losi's first vehicle, the JRX2, was a 1/10 Scale 2wd Off-Road racing buggy. The car he raced was a highly modified Yokomo - YZ-834B. who won the first IFMAR 1:10 Electric Off-Road World Championships held in 1985. The company was founded by Gil Losi Snr and Gil Losi Jr. In 2000, Losi become part of the Horizon Hobby family. The brand date dates back to the early 1980s with roots in Southern California. Team Losi Racing often referred to as TLR has been designing innovative radio-controlled cars and accessories for 40 years primarily as high end competition products. #HORIZON HOBBY SIMULATOR#November 2021 - Horizon Hobby Announced the acquisition of Realflight RC Simulator from Knife Edge Software. īefore being purchased by Horizon Hobby, the Losi remote-controlled car division had been a separate company founded by Gil Losi with the release of the JRX2 in 1988. Horizon Hobby entered an agreement to purchase its competitor, Hobbico, in April 2018. and Champaign-based Armory Capital LLC founded by Jacob Ambrose. The group includes Minneapolis-based Mill City Capital L.P. On December 9, 2013, Horizon announced that the company was being bought by a group of investors led by Horizon's CEO, Joe Ambrose. In October 1985, Horizon Hobby was founded by Rick Stephens, an American entrepreneur. ![]()
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