What will happen to Scarab?

[F1-00 Racing]

Since the molds have been sent to California and are not apart of Wellcraft anymore will Larry still produce them as its own brand-name? or is Scarab history?

[puder]

i though larry smith always owned scarab and just liscensed it to wellcraft.

[F1-00 Racing]

Yes Larry has always owned the Scarab name and the molds, but Wellcraft bought the the rights to produce it. I just wonder what will happen to them now that they are not in Sarasota anymore

You could try to EMail Em.
scarib@sbcglobal.net
Its Not a typo Team Scarab
also has a line of boats
called Scaribs.
Mike J.

[Keith]

Hmm, so the rumors have basically merit or are true? That explains why you can't get anyone from Wellcraft's attention when you call with a question.

Sorry to hear about recent developments, but I suppose it's better for the "brand" in the long run if Larry can resurrect the mystique of Scarab.

Mike, is it true we'll only see a 43' Poker Run type boat next year?Also, what will this do (if anything) to current Scarabs on the market? Increase in demand and street price, decrease it or just fade away?

[Keith]

btt

[wannabe]

i talked with a dealer that sold scarabs until early this year and this is what he says:

1. Royalty agreement w/ L. Smith was too expensive given the market for offshore boats (which sucks right now)
2. Wellcraft wants to reneotiate it to a more favorable terms so by not building them (except fishing models) will mean lower $ paid to L. Smith and they get a lower royalty cost.
3. Well craft wants to start building the offshore racer style again in about 2 years at the lower royalty.

All this is free information and worth every penny!

Wannabe in Motor City

[Keith]

Originally posted by wannabe
Wellcraft wants to start building the offshore racer style again in about 2 years at the lower royalty.

Famous last words.

My guess is another manufacturer will pick up the line, or Larry Smith may do them on his own (investors?).