What is Cigarette Racing Team?
Established in 1969 and expertly hand-crafted in the USA, Cigarette Racing specializes in the design and production of luxury performance boats. Their offerings, including models such as the 41 Nighthawk and 52 Thunder, are synonymous with power, precision, comfort, and prestige. The company caters to a discerning clientele of boating enthusiasts who seek exclusive and high-end maritime experiences. Through news updates and community engagement, Cigarette Racing maintains a strong connection with its customer base, reinforcing its brand as a leader in the luxury performance boat market.
How much funding has Cigarette Racing Team raised?
Cigarette Racing Team has raised a total of $871K across 2 funding rounds:
Debt
$350K
Debt
$521K
Debt (2020): $350K with participation from PPP
Debt (2021): $521K led by PPP
Key Investors in Cigarette Racing Team
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Cigarette Racing Team?
The recent major strategic investment signals a pivotal phase for Cigarette Racing Team, likely enabling further expansion of its manufacturing capabilities, product development, and global market reach. This infusion of capital is expected to bolster the company's ability to innovate and maintain its competitive edge in the luxury performance boat segment. Future endeavors may include the introduction of new models, enhancements to existing designs, and strategic partnerships that align with its brand ethos of unparalleled performance and luxury.
See full Cigarette Racing Team company page
