Autosportradio.com 2016 Show guests for Tuesday December 6th…
Tony Parella
Tony is the founder of the Parella Group. A graduate of Harvard Business School’s Advanced Management Program, and a 23-year veteran of the telecommunications industry, Parella has served in a number of executive management positions throughout his career. Most recently, Tony served as Chairman of Shared Technologies Inc., a company he led since 2004. Highlights of Tony’s professional career include:
- Founder of MFS Intelenet
- Founder of Allegiance Telecom
- Purchased Shared Technologies from bankruptcy as CEO
- Completed the sale of Shared Technologies to Arrow Electronics [ARW]
- Completed several corporate acquisitions, both private and public
- FORTUNE Top 100 Companies to Work For as Shared Technologies CEO – 4 consecutive years
- Best Company in Texas to Work For as Shared Technologies CEO – 5 consecutive years
- Recipient of the Ernst & Young Entrepreneur of the Year Award – 2009
- Recipient of the ESGR Pro Patria Award – 2008
- Finalist of the Dallas CEO of the Year Award – 2008
- Author of Fractured to Fortune
- Author of “Winning in Telecom,” featured in Telecom Leadership Strategies
The Trans Am Race Company (TARC) has announced that Parella Motorsports Holdings has assumed a significant ownership stake in TARC, officially seeing Tony Parella join the Trans Am Series ownership group. Parella is the CEO of both Parella Motorsports Holdings and the Sportscar Vintage Racing Association (SVRA), with which Trans Am holds joint weekends throughout the year. While the move will create additional synergy on those joint weekends, Parella and Trans Am are aiming much higher.“We’re all overjoyed to have Tony joining us as we continue our momentum in Trans Am,” said John Clagett, President of The Trans Am Race Company. “Tony has been a longtime friend and fan of the Series; between the existing Trans Am platform and the business acumen which Tony brings to the table I’m confident we can continue to grow the Trans Am Series and continue building an increasingly bright future for competitors, teams and fans.”
The Trans Am Series and Parella Motorsports will focus integration of additional media production, marketing and sales resources into the Trans Am Series— all while continuing to build the Trans Am event platform.
“We see an opening in the marketplace for motorsports festivals on a national platform,” said Tony Parella. “Fans are responding to a show with a variety of automotive designs and engine sounds in both wheel-to-wheel competition and on display. SVRA and Trans Am have tremendous cultural synergies, including drivers crossing over between the two series. All of this promotes sponsorship investment.”