Michael Printup Named COO of Parella Motorsports Holdings

January 25, 2024

Michael Printup Named COO of Parella Motorsports Holdings

John Clagett Departing After 31 Years with the Trans Am Series

CHARLOTTE (January 25, 2024) — NASCAR and Watkins Glen International veteran Michael Printup is assuming the role of chief operating officer of Parella Motorsports Holdings (PMH), overseeing the operations of the Trans Am Series presented by Pirelli and the Sportscar Vintage Racing Association (SVRA).

"In his short time with Parella Motorsports Holdings, Michael has been using his vast experience to expand track relationships and enhance company communication,” said Tony Parella, owner of PMH. “We believe this experience will benefit the Trans Am Series and Parella Motorsports Holdings as a whole."

Printup joined PMH last year and has been serving as president of SVRA since July. The Hamburg, N.Y., native previously spent nearly three decades working for NASCAR, most notably in the role of president of Watkins Glen International. He was also president of Americrown and, more recently, he oversaw the Levy food service contract for 12 NASCAR-owned racetracks, and directed the Mobil 1 show car program for Tony Stewart.

“It is an honor be named COO and take over the helm of Trans Am,” Printup said. “The accomplishments of John Clagett and his impact on Trans Am speaks for itself. The continued leadership from Tony has been and will be paramount for PMH moving forward.”  

John Clagett has served as President and CEO of Trans Am Race Company for 13 years and been affiliated with the Trans Am Series for 31-plus years, previously holding the role of Vice President of SCCA Pro Racing and liaison to the Trans Am Council, and as the series’ Executive Director through two ownership transitions. Under Clagett’s leadership, the Trans Am Race Company has generated a 10-fold increase in revenue over the past decade, while upgrading the series’ race operations, marketing, broadcast and social media outreach. 2023 accomplishments include the successful integration of the Flagtronics electronic marshalling platform, and a robust and growing broadcast package with MAVTV which includes live broadcasts, highlight coverage and a Trans Am docuseries.

“My goodness, it seems like yesterday when I became an employee of SCCA, and just a moment ago when I started to form the re-makings of the Trans Am Series with Trans Am Race Company,” reflected Clagett. “It all flew by because I loved what I did, and it never felt like work. But at the same time, my time with the series has been all-consuming. I care so much about the success of Trans Am that I put everything into it. That came at the cost of working nonstop for all these years. I’m grateful that I’ve been able to accomplish all that I have and that I’ve had an amazing team around me. I’m at the point where I can look at the culmination of all that hard work and see how the series has flourished. I’m confident that now is the time that I can step back, turn my focus towards an advisory role, and leave Trans Am in capable hands.”

“We appreciate everything John Clagett has done for Trans Am,” Parella said. “During his tenure, we have seen the addition of new classes, such as TA2, which has had incredible growth. He navigated the series through unprecedented times, such as the COVID-19 pandemic, retaining momentum by creating an Esports racing series. He is continuing to assist us in an advisory role through the end of the season.” 

About the Trans Am Series presented by Pirelli:  The Trans Am Series presented by Pirelli is the longest-running professional road racing series in North America. The Trans Am Series was founded in 1966 for racing factory pony cars on iconic road courses. More than 55 years after the series’ launch, Mustangs, Camaros and Challengers continue to be sold today, with Trans Am racing credited as playing a major role in their success and longevity. With five diverse and competitive classes of racecars and both National and Western Championships, Trans Am offers something for every fan and every competitor. The series will host 17 events nationwide in 2024. For more information, visit GoTransAm.com.

About Parella Motorsports Holdings:  Parella Motorsports Holdings (PMH) owns five major road racing series and hosts racing festivals across the United States under the SpeedTour brand name. With Sportscar Vintage Racing Association (SVRA), The Trans Am Series presented by Pirelli, Formula Regional Americas (FR Americas), Formula 4 United States Championship (F4 U.S.), Prototype Sprint Series Association presented by Hankook (PSSA), Ligier JS F4 Series, and TA2 Club, PMH will exceed 5,500 entries during the 2024 season. Additionally, PMH also holds the long-term commercial rights to SCCA Pro Racing, which sanctions Trans Am, FR Americas, F4 U.S., Formula Race Promotions and Formula 2000. Together, with all of its racing properties, PMH hosts motorsports festivals under the name SpeedTour. Including elements like racing, car shows and concerts, SpeedTour events often attract more than 25,000 spectators, and many of their events are live streamed on SpeedTour TV’s YouTube page. For more information about PMH’s SpeedTour events, visit SpeedTour.net

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