Kraco Enterprises
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| Kraco Enterprises | |
| Company type | Private |
|---|---|
| Industry | Automobile |
| Founded | 1954 |
| Founder | Maurice H. Kraines |
| Headquarters | 505 E. Euclid Avenue, Compton, CA 90224, USA |
| Products | Automotive Aftermarket |
| Revenue | 200 million USD |
Number of employees | 250 |
| Parent | Sun Capital Partners |
| Website | Kraco.com |
Kraco Enterprises, LLC, is an American private company. It primarily manufactures fabricated rubber products for a wide variety of purposes and applications. While they mainly produce floormats, they have also been a supplier for the automotive industry producing tire walls and even audio equipment including car speakers, stereos, and CB radios. Kraco was founded in 1954 in Compton, California.[1] Their first product was "Snap-on" white walls to create temporary white-walled tires. They moved into making rubber, vinyl and soon thereafter, carpet floormats as the business expanded.
During the 1980s and 1990s, Kraco sponsored Indy Car racing with drivers Michael Andretti, Bobby Rahal and Al Unser Jr., winning the Indianapolis 500 in 1992. Sun Capital Partners, an American investment firm, acquired Kraco in August 2008.[2] In 2010, Kraco Enterprises purchased Auto Expressions, a provider of automobile accessories,[3] which resulted in Kraco tripling its revenue.[4] In the U.K., Kraco products are distributed by its subsidiary Kraco Car Care International Limited[5] (Shell Car Care International Limited until October 1, 2010),[6] which also inherited the distribution of Rain-X products in the U.K.[7] On October 21, 2015, Kraco Enterprises has acquired Who-Rae, a manufacturer and distributor of automotive aftermarket accessories.[8]
Race Results
PPG CART Indycar World Series
(key)
| Year | Chassis | Engine | Drivers | No. | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | Pts Pos | Pos | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1981 | PHX | MIL | ATL | MCH | RIV | MIL | MCH | WGL | MXC | PHX | |||||||||||||||||
| Penske PC-7/79 | Cosworth DFX | United States Larry Cannon | 99 | 15 | 11 | 20 | 12 | 30th | 10 | ||||||||||||||||||
| United States Dick Ferguson | 18 | 6 | 10 | 7 | 24th | 20 | |||||||||||||||||||||
| 1982 | PHX | ATL | MIL | CLE | MCH | MIL | POC | RIV | ROA | MCH | PHX | ||||||||||||||||
| Penske PC-9B/81 | Cosworth DFX | United States Bill Vukovich Jr. | 18 | 11 | 41st | 2 | |||||||||||||||||||||
| United States Dick Ferguson | 17 | DNS | 47th | 1 | |||||||||||||||||||||||
| March 82C | United States Mike Mosley | 8 | 7 | 16 | 7 | 12 | 19th | 37 | |||||||||||||||||||
| Australia Vern Schuppan | 99 | 7 | 30th | 18 | |||||||||||||||||||||||
| Penske PC-9B/81 | 27 | 24 | |||||||||||||||||||||||||
| 1983 | ATL | INDY | MIL | CLE | MCH | ROA | POC | RIV | MDO | MCH | CPL | LAG | PHX | ||||||||||||||
| March 83C | Cosworth DFX | United States Mike Mosley | 18 | 13 | 13 | 5 | 4 | 17 | 25 | 4 | 24 | DNQ | 11 | 24 | 14th | 36 | |||||||||||
| Australia Geoff Brabham | 20 | 16 | 21st | 13 | |||||||||||||||||||||||
| 99 | 18 | 12 | |||||||||||||||||||||||||
| United States Michael Andretti (R) | 19 | 24 | 9 | 27th | 4 | ||||||||||||||||||||||
| 1984 | LBH | PHX | INDY | MIL | POR | MEA | CLE | MCH | ROA | POC | MDO | SAN | MCH | PHX | LAG | CPL | |||||||||||
| March 84C | Cosworth DFX | Australia Geoff Brabham | 18 | 2 | 16 | 33 | 17 | 2 | 3 | 8 | 9 | 5 | 14 | 21 | 15 | 11 | 16 | 5 | 5 | 8th | 87 | ||||||
| United States Michael Andretti | 99 | 10 | 3 | 5 | 4 | 12 | 13 | 3 | 20 | 16 | 23 | 16 | 3 | 7 | 3 | 3 | 24 | 7th | 102 | ||||||||
| 1985 | LBH | INDY | MIL | POR | MEA | CLE | MCH | ROA | POC | MDO | SAN | MCH | LAG | PHX | MIA | ||||||||||||
| March 85C | Cosworth DFX | United States Kevin Cogan | 18 | 23 | 11 | 16 | 5 | 7 | 9 | 7 | 25 | 17 | 21 | 9 | 4 | 17 | 22 | 24 | 14th | 44 | |||||||
| United States Michael Andretti | 99 | 19 | 8 | 19 | 28 | 4 | 7 | 27 | 2 | 13 | 14 | 19 | 25 | 9 | 5 | 25 | 9th | 53 | |||||||||
| 1986 | PHX | LBH | INDY | MIL | POR | MEA | CLE | TOR | MCH | POC | MDO | SAN | MCH | ROA | LAG | PHX | MIA | ||||||||||
| March 86C | Cosworth DFX | United States Michael Andretti | 18 | 15* | 1* | 6 | 1* | 2* | 20 | 2 | 19 | 11 | 11* | 10 | 6 | 2* | 2* | 3 | 1* | 18 | 2nd | 171 | |||||
| 1987 | LBH | PHX | INDY | MIL | POR | MEA | CLE | TOR | MCH | POC | ROA | MDO | NAZ | LAG | MIA | ||||||||||||
| March 87C | Cosworth DFX | United States Michael Andretti | 18 | 4 | 4 | 29 | 1 | 2 | 5 | 6 | 5 | 1* | 8 | 16 | 13 | 1* | 22 | 1* | 2nd | 158 | |||||||
| 1988 | PHX | LBH | INDY | MIL | POR | CLE | TOR | MEA | MCH | POC | MDO | ROA | NAZ | LAG | MIA | ||||||||||||
| March 88C | Cosworth DFX | United States Michael Andretti | 18 | 3 | 7 | 4 | 7 | 11 | 14 | 3 | 6 | 6th | 119 | ||||||||||||||
| Lola T88/00 | 3 | 25 | 26 | 5 | 2 | 2 | 17 | ||||||||||||||||||||
| 1989 | PHX | LBH | INDY | MIL | DET | POR | CLE | MEA | TOR | MCH | POC | MDO | ROA | NAZ | LAG | ||||||||||||
| Lola T89/00 | Cosworth DFS | United States Bobby Rahal | 18 | 18 | 4 | 26 | 13 | 18 | 2 | 3 | 1 | 19 | 9 | 6 | 22 | 28 | 7 | 6 | 9th | 88 | |||||||
| Galles-Kraco Racing | |||||||||||||||||||||||||||
| 1990 | PHX | LBH | INDY | MIL | DET | POR | CLE | MEA | TOR | MCH | DEN | VAN | MDO | ROA | NAZ | LAG | |||||||||||
| Lola T90/00 | Chevrolet 265A V8t | United States Al Unser Jr. | 5 | 3 | 1* | 4 | 1 | 27 | 3 | 15* | 11 | 1* | 1 | 1* | 1* | 3 | 4 | 16 | 2 | 1st | 210 | ||||||
| United States Bobby Rahal | 18 | 2 | 12 | 2 | 4 | 2 | 11 | 2 | 25 | 22 | 2 | 3 | 8 | 6 | 7 | 3 | 5 | 4th | 153 | ||||||||
| 1991 | SFR | LBH | PHX | INDY | MIL | DET | POR | CLE | MEA | TOR | MCH | DEN | VAN | MDO | ROA | NAZ | LAG | ||||||||||
| Lola T91/00 | Chevrolet 265A V8t | United States Al Unser Jr. | 1 | 16* | 1* | 6 | 4 | 19 | 4 | 4 | 4 | 2 | 23 | 3 | 1* | 3 | 5 | 2 | 4 | 2 | 3rd | 197 | |||||
| United States Bobby Rahal | 18 | 2 | 2 | 2 | 19 | 4 | 2 | 3 | 3 | 1* | 3 | 11 | 20 | 2 | 3 | 4 | 2 | 24 | 2nd | 200 | |||||||
| 1992 | SFR | PHX | LBH | INDY | DET | POR | MIL | NHA | TOR | MCH | CLE | ROA | VAN | MDO | NAZ | LAG | |||||||||||
| Galmer G92 | Chevrolet 265A V8t | United States Al Unser Jr. | 3 | 4 | 5 | 4* | 1 | 9 | 3 | 7 | 8 | 7 | 4 | 3 | 2 | 2 | 3 | 11 | 9 | 3rd | 169 | ||||||
| United States Danny Sullivan | 18 | 5 | 12 | 1 | 5 | 5 | 12 | 12 | 9 | 3 | 8 | 20 | 7 | 7 | 8 | 17 | 7 | 7th | 99 | ||||||||
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IndyCar wins
| # | Season | Date | Sanction | Track / Race | No. | Winning Driver | Chassis | Engine | Tire | Grid | Laps Led |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1986 | April 13 | CART | Grand Prix of Long Beach (S) | 18 | United States Michael Andretti | March 86C | Cosworth DFX V8t | Goodyear | 7 | 47 |
| 2 | June 8 | CART | Milwaukee Mile (O) | 18 | United States Michael Andretti (2) | March 86C | Cosworth DFX V8t | Goodyear | Pole | 110 | |
| 3 | August 29 | CART | Phoenix International Raceway (O) | 18 | United States Michael Andretti (3) | March 86C | Cosworth DFX V8t | Goodyear | 4 | 166 | |
| 4 | 1987 | May 31 | CART | Milwaukee Mile (O) | 18 | United States Michael Andretti (4) | March 87C | Cosworth DFX V8t | Goodyear | 4 | 52 |
| 5 | August 2 | CART | Michigan 500 (O) | 18 | United States Michael Andretti (5) | March 87C | Cosworth DFX V8t | Goodyear | Pole | 129 | |
| 6 | September 20 | CART | Nazareth Speedway (O) | 18 | United States Michael Andretti (6) | March 87C | Cosworth DFX V8t | Goodyear | Pole | 150 | |
| 7 | November 1 | CART | Tamiami Park, Miami (S) | 18 | United States Michael Andretti (7) | March 87C | Cosworth DFX V8t | Goodyear | 2 | 88 | |
| NC | 1988 | November 5 | CART | Tamiami Park, Miami (S) | 18 | United States Michael Andretti | Lola T88/00 | Cosworth DFX V8t | Goodyear | 6 | 19 |
| 8 | 1989 | July 16 | CART | Meadowlands Street Circuit (S) | 18 | United States Bobby Rahal | Lola T89/00 | Cosworth DFS V8t | Goodyear | 6 | 61 |
- Note: this does not include wins achieved in 1990, 1991 and 1992 as Galles-Kraco Racing.
References
- ↑ "Kraco Enterprises, LLC". Hoover's Inc. website. Dun & Bradstreet. Retrieved March 11, 2012.
- ↑ "Kraco Enterprises". Sun Capital Partners. Archived from the original on March 14, 2012. Retrieved March 11, 2012.
- ↑ "Kraco Enterprises to Acquire Auto Expressions from Shell Oil Company". Motor Sports News Wire. June 9, 2010. Archived from the original on 2017-03-21. Retrieved March 20, 2017.
- ↑ Beckerman, Josh (June 11, 2010). "The Week In Private Equity: The Ants And The Giraffes". Private Equity Beat. The Wall Street Journal. Retrieved March 11, 2010.
- ↑ "Kraco Car Care International Limited". Companies House website.
- ↑ "Certificate of Incorporation on Change of Name".
- ↑ "Rain-X UK website".
- ↑ "Kraco Enterprises Completes Acquisition of Who-Rae". Kraco Press Release. October 21, 2015. Retrieved March 20, 2017.