Scholarship Recipients Receive Assistance to Race in Any PMH-Owned Series
CHARLOTTE (December 12, 2024) – Parella Motorsports Holdings (PMH) has opened applications for the 2025 class of the PMH Powering Diversity Scholarship. Now entering its fifth year, the program continues to build a more diverse field while empowering drivers from a variety of backgrounds to participate in PMH-owned race series. With seven series under the PMH banner, drivers are able to utilize the assistance to race in Sportscar Vintage Racing Association (SVRA), the Trans Am Series presented by Pirelli, Formula Regional Americas Championship (FR Americas), Formula 4 United States Championship (F4 U.S.), Ligier JS F4 Series (JS F4), International GT (IGT) or Prototype Sprint Series Association presented by Hankook (PSSA). In addition to providing financial assistance in the way of waived race entry fees or free promoter test days, the program aligns recipients with a team of executives and mentors, while providing them with a variety of media and fan engagement opportunities.
“We’re thrilled to continue helping young drivers in their racing careers through the PMH Powering Diversity Scholarship,” said Tony Parella, CEO of PMH. “With this support, we’ve seen drivers win races and championships, but more importantly, we’ve seen graduates move on from our PMH-owned series to find even more success in their careers. I look forward to seeing who joins us as part of the Class of 2025, and I look forward to watching the progression of their careers for years to come.”
The PMH Powering Diversity Scholarship is open to individuals who embody diversity and have overcome obstacles to reach their goals. Recipients must have a ride confirmed in a PMH-owned series for 2025, and will be responsible for securing any additional funding needed to compete.
Drivers looking to join the PMH Powering Diversity Scholarship Class of 2025 are encouraged to visit SpeedTour.net/Scholarship to apply. All applications must be submitted by January 15, 2025.
The PMH Powering Diversity Scholarship has assisted more than 20 drivers in enabling their racing dreams. Previous recipients include the likes of Rafa Matos, Tyler Gonzalez, Kaylee Bryson and Amy Ruman from the Trans Am Series; Ernie Francis Jr., Raoul Hyman, Nicole Havrda and Landan Matriano Lim from FR Americas; as well as Chloe Chambers, Maite Cáceres, Christopher Parrish and Hannah Greenemeier from F4 U.S., among others.
About Parella Motorsports Holdings: Parella Motorsports Holdings (PMH) owns 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.), Ligier JS F4 Series, International GT (IGT) and Prototype Sprint Series Association presented by Hankook (PSSA), PMH will exceed 6,000 entries during the 2025 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. SpeedTour events include elements like racing, car shows and concerts, often attracting more than 25,000 spectators. Many of their events are also live streamed on SpeedTour TV’s YouTube page. For more information about PMH’s SpeedTour events, visit speedtour.net.
Throughout the years, some of the greatest names in motorsports have participated in the Trans Am Series. With five distinct classes (TA/XGT/SGT/GT and TA2), it is the longest-running professional road racing series in North America.
