Skip Barber Racing School Is Liquidating Its Assets

Among the lists of items for sale are Mazda MX-5 Miatas, Ford Mustangs, and Porsche 911s.

Liquid Asset Partners

After 40- years in the business of grooming the skills of drivers and racers around the country, filed for bankruptcy in May. Now we’ve learned that the school’s assets will be auctioned off over a three-month period starting August 29 in Braselton, Georgia.

Editor's Note: This article was originally published on August 9, 2017, when the future of Skip Barber Racing School was uncertain. Since then, the school has been re-opened under new management. We attended the new Skip Barber's beginner, intermediate, and advanced racing schools in July 2018; you can read about our experience here.

The auction was announced by Liquid Asset Partners of Grand Rapids, Michigan, the entity tasked with selling SBRS’s stuff, and it will include most or all of the physical assets owned by the “Skippy schools.” This includes engines, transmissions, spare parts for its training vehicles, and race equipment. It also includes hundreds of vehicles, including semi-trailers, trucks, and lots and lots of chewed-up sports cars, including Mazda MX-5 Miatas, Ford Mustang GTs, and Porsche 911s. We think the school’s collection of open-wheel training cars could be of particular interest to amateur racers interested in taking their endeavors to the next level.

NC Miata
Liquid Asset Partners

Also set to cross the auction block, according to the company, are some historic vehicles that, depending on their condition and actual history, might be of interest to collectors.

Liquid Asset Partners is also offering the Skip Barber Racing School brand name for licensing or outright sale to anyone who could make use of it. “The demand for Skip Barber Racing School training is very high, and it’s amazing how most men know the Skip Barber Racing School as the best of the best,” said Liquid Asset Partners owner Bill Melvin in the company’s press-release pitch. “It just needs the right structure for it to grow for another 40- years.”

Interestingly, since SBRS’s 11 partner racetracks around the country are said to be among the entities to which SBRS owes serious debts, one of the chief beneficiaries of the Skip Barber Racing School liquidation could be Skip Barber himself. Barber, now 80, relinquished ownership of his racing-school enterprise in 1999 but has owned one of the school’s partner racetracks, Lime Rock Park, since 1984.

Liquid Asset Partners

Despite the bankruptcy, Skip Barber is probably the most recognizable name in advanced driver education. We’ll be watching to see if anyone is willing to give the school another green flag. In the meantime, if you’re looking to pick up a well-used sports car, more information about the auction can be found .

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