Posted by WARREN MOSLER on March 22nd, 2011
Warren Mosler of Mosler Automotive Seeks Managing Partner
Warren Mosler, founder and owner of Mosler Automotive, manufacturer of the Mosler MT900 road and race cars, has announced that he is seeking to sell a majority interest in Mosler Automotive to a managing partner. “I’m 61 years old, about to start collecting social security, and living too far away here in the US Virgin Islands to properly manage the company on a day to day basis. It’s time for me to find an enthusiast interested being on the Florida site full time and taking the reins as majority owner,” said Warren Mosler, who founded the company in 1985, “With the latest Mosler Photon road car, (winner of the Car and Driver Lightning Lap), and increased production capacity coming online, job One for the new owner/manager will be implementing a global marketing effort.”
Mosler Automotive is based in Riviera Beach in Florida, and includes Mosler Europe in Cambridgeshire in the UK, where Martin Short leads Mosler’s immensely successful international racing efforts. With over 20 teams world wide racing Moslers on circuits all over the world.
“In GT3 racing the Mosler remains very competitive around a race track compared to the latest and greatest entries from competing manufacturers including Ferrari, Porsche, and Lamborghini, despite hundreds of pounds of ballast and other restrictions to slow it down. It looks spectacular and will surely remain competitive for a very long time to come. This last weekend saw a pole and double Mosler GT3 win in Australia where 5 Moslers compete in the Australian GT Series.” said Martin Short, “In other European series, the Moslers are allowed to compete without severe restrictions, and the result is lap times many seconds a lap quicker than GT3 cars and over-all victories for the series. We are as far afield as Japan in the Super GT series.”.
Warren is willing to sell a majority interest in his company to the right buyer for a fraction of the value of the real estate and the inventory. “I want a partner who has the right stuff to keep this company on top” said Mosler.