Famous Mustang Tuner Avoided Bankruptcy with Competitor’s Help

Revival of a Famous Restomod Brand

Following an unexpected bankruptcy announcement several months ago, American company Classic Recreations, specializing in creating high-end Ford Mustang restomods, has been given a chance for revival. The firm, long associated with officially licensed Shelby models and carbon muscle cars, is returning to the market under new management.

Key Deal Points

New Owner and Strategy

The rescuer was the Florida-based company Velocity Restorations, which not only acquired Classic Recreations but also secured a critically important licensing agreement with Shelby to continue production of iconic models. Although the exact amounts of the deal are not disclosed, it is known that production of Classic Recreations’ signature models will be resumed at the Velocity plant in Pensacola.

Model Lineup and Licensing Agreements

The company will continue production of steel and carbon versions of the 1967-68 GT500, as well as the 1969 Boss 429, 1969 Hitman models, and Shelby Cobra replicas. Thanks to the renewed agreement with Shelby, the GT500 and Cobra will remain officially licensed, protecting owners from legal risks from Ford or Shelby.

Classic Recreations holds an important place in American automotive culture. Our team has updated the brand with a focus on quality, transparency, and long-term stability. Thanks to enhanced engineering support, updated branding, and a renewed partnership with Shelby, Classic Recreations has strong prospects for the future.

Velocity’s Capabilities and Plans

Velocity operates on a 135,000 square foot production site, where hundreds of cars are produced annually. The company offers its own restomod versions of such American icons as the 1966-1977 Ford Bronco, 1967-1968 and 1987-1993 Ford Mustang, classic Ford F-Series, as well as modernized Chevrolet C10, K10, K5 Blazer, and original Scout.

Current Status and Prospects

Most Classic Recreations projects planned for 2026 are already sold out, with new batches open for 2027. At the time of filing for bankruptcy in July, the company had liabilities ranging from $1 to $10 million. Thanks to the intervention of a restructuring specialist and Velocity’s support, the brand was saved from complete collapse.

This story demonstrates how strategic partnerships and a focus on authenticity can revive even the most difficult business situations. For collectors and enthusiasts, this means the preservation of unique automotive projects that embody the history of American automobile manufacturing. The resumed production may also stimulate innovation in the restomodding industry, combining classic design with modern technology.

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