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661 Buys Royal Racing

Dec 25, 2003
402
0
Edinburgh, Scotland
BREAKING NEWS
661 BUY ROYAL RACING

It has been a very busy seven days for Steve Peat. He signed a three year deal to ride for the Santa Cruz Syndicate team last Friday and he has just informed us here at Dirt that he has sold Royal Racing to 661, part of VSG. There’ll be a full Press Release soon but we can only see it as a good thing. It will mean that Royal will be able to develop and extend their product range and fully realise the brands potential. More info soon.
http://www.dirtmag.co.uk/startgate.html
 

Cant Climb

Turbo Monkey
May 9, 2004
2,683
10
What products does royal make....?.......besides pants/jerseys with UK flavor logos.....
 

S.K.C.

Turbo Monkey
Feb 28, 2005
4,096
25
Pa. / North Jersey
...holy shiznit!

Between signing a new deal with Santa Cruz, and selling his company to 661, he's gotta be rollin deep right now... hate to be the poor bastard who has to do his taxes for the 05' fiscal year tho...:help:
 

bizutch

Delicate CUSTOM flower
Dec 11, 2001
15,929
24
Over your shoulder whispering
S.K.C. said:
...holy shiznit!

Between signing a new deal with Santa Cruz, and selling his company to 661, he's gotta be rollin deep right now... hate to be the poor bastard who has to do his taxes for the 05' fiscal year tho...:help:
dude...last time I checked Royal wasn't exactly killing it on the production or volume end of things...who says he made money off it?
 

Transcend

My Nuts Are Flat
Apr 18, 2002
18,040
3
Towing the party line.
That is because they were produced in the UK - NAFTA makes sure we pay and arm and a leg, and UK labour costs a fortune.

The 661 move is all part of them trying to get their production into China, and then make it available over here at a normal price.
 

klunky

Turbo Monkey
Oct 17, 2003
1,078
6
Scotland
Peaty will still be using Royal.

Royal clothing is like a national uniform at UK races. It goes hand in hand with the standard issue of Orange bikes!