Scholarship Recipients to Receive Free Entry Fees for any PMH-Owned Series
CHARLOTTE (December 18, 2023) – Parella Motorsports Holdings (PMH) has opened applications for the 2024 class of the PMH Powering Diversity Scholarship. Entering the fourth year of the program, the scholarship looks to create a more diverse field while empowering drivers from a variety of backgrounds to participate in PMH-owned race series. Scholarship recipients will receive free entries for any PMH-owned race series, including 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, TA2 Club and Prototype Sprint Series Association presented by Hankook (PSSA). In addition to providing free entry fees, the program aligns recipients with a team of executives and mentors, while also providing them with a variety of media and fan engagement opportunities.
“We’re excited to once again continue the PMH Powering Diversity Scholarship,” said Tony Parella, CEO of PMH. “It’s been a personal initiative of mine to help young drivers realize their dreams. It’s exciting to watch drivers come through this program and see them use it as a springboard in their careers. Ernie Francis Jr. signed with Roger Penske in INDY NXT, Chloe Chambers went on to the W Series and then became the first woman to win in the Formula Regional Oceania Championship, and Raoul Hyman spent last season racing in SUPER FORMULA. Last year, we were able to support five young women in pursuit of their motorsports dreams. I can’t wait to see what talent we’re able to recruit for the Class of 2024, 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 demonstrate diversity, equity and inclusion, and have overcome obstacles to reach their goals. Recipients must have a ride confirmed in a PMH-owned series for 2024, and will be responsible for securing any additional funding needed to compete.
Drivers looking to join the PMH Powering Diversity Scholarship Class of 2024 are encouraged to visit SpeedTour.net/Scholarship to apply. All applications must be submitted by January 15, 2024.
The PMH Powering Diversity Scholarship has already assisted 11 drivers in enabling their racing dreams. Previous recipients include INDY NXT driver Ernie Francis Jr., W Series alum and Formula Regional Oceania feature winner Chloe Chambers, Super Formula driver Raoul Hyman, two-time Trans Am Champion Amy Ruman, as well as Trans Am, FR Americas and F4 U.S. alumni Michelle Abbate, Hannah Greenemeier, Ava Dobson, Kaylee Bryson, David Burketh, Maddie Aust and Emily Linscott.
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.) and Prototype Sprint Series Association presented by Hankook (PSSA), PMH will exceed 5,500 entries during the 2023 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.