MasterCraft Boat Company And Ilmor Marine announce 3-Year extension of exclusive agreement
MasterCraft Boat Company and Illmor Marine
April 2, 2013
Filed under News
Vonore, TN — MasterCraft Boat Company, the world’s leading luxury performance inboard boat manufacturer, and Ilmor Marine, a global leader in high performance powertrain engineering, have recently announced they will extend their exclusive partnership for an additional three years.
“MasterCraft is very pleased with the relationship we have with the extraordinary team at Ilmor so when the opportunity presented itself to further extend that partnership, we jumped at it,” said President and CEO Terry McNew. “Within a short amount of time, Ilmor has proven to be the unequivocal leader in towsports powertrain engineering. As a result, when you take Ilmor’s exceptional drive to be the engineering standard and couple it with MasterCraft’s desire to offer leading product and innovations that give our consumers the best on-water experience, we believe you have something that, quite frankly, is beyond anything our competitor’s can offer.”
MasterCraft Boat Company officially began its relationship with Ilmor in 2008, and launched Ilmor’s new recreational MV8 marine engine line in 2010. Since then, Ilmor has become a leader in marine powertrain engineering, with many engine models offering significant gains in power, fuel economy and reliability. In fact, MasterCraft states that the introduction of Ilmor engines into its boats has resulted in over 80% fewer filed engine warranty claims over the past three years.
“Extending our agreement with MasterCraft reaffirms our commitment to constantly raising the bar for towsport boat performance,” Paul Ray, President of Ilmor Engineering, Inc. “Since the beginning, our shared desire for excellence had us working closely together to continuously improve the powertrain products we offer uniquely to MasterCraft. By challenging each other, we enhance our customers’ experience. Who knows what we’ll be able to accomplish together over the next five years?”
Like MasterCraft, Ilmor’s history of success is nothing but exceptional. Founded in 1984 by Mario Illien, Paul Morgan and Roger Penske, Ilmor has become a world leader in high-performance motorsport engineering, winning over 260 IndyCar races, 17 Indianapolis 500s, and two Formula 1 World Championships.
In 2003, Ilmor extended its engineering expertise to the marine industry and over the past decade, has expanded its marine products to include a wide array of recreational and performance engines ranging from 320-725 horsepower. Ilmor has become a major supplier of powerboat engines and drives to boat makers worldwide.