Here’s what I know—as in what I can report with confidence—about Outerlimits Offshore Powerboats in Bristol, R.I. With the death of company president Joe Sgro in November 2017, the ownership transition has taken longer than anyone involved initially expected. Originally, longtime Outerlimits customer Bob Russell planned to take over the ownership reins. Now, it appears that when all the papers are finally signed the company will go back to one its original investors.
While confusing and perhaps frustrating to those with a burning desire to know the inside story, situations such as this are far from uncommon with privately held companies. Desires shift and plans change. Unforeseen complications arise. Nothing is final until the deal closes.
Here’s what I also know based on recent conversations with Outerlimits customers such as Dave Scotto, who has a new 50-footer with an extended cockpit currently under construction under at the plant, and the company’s Dan Kleitz. The company is still building boats. Stephen Miles of Stephen Miles Design has two in his Owensboro, Ky., paint shop, and when they’re finished they’ll be hauled back to Outerlimits for completion of their final details before delivery.
Something else I know? The passion for the Outerlimits brand is alive and well, thanks to owners such as Michael “Doc” Janssen, who’ll be inducted into the Lake of the Ozarks Shootout Hall of Fame this year. More relevant to many of the Outerlimits faithful, Janssen is hosting the sixth annual Scenic Circle Power Party at his waterfront home on Friday during the late-August top-speed event.
Although the event won’t exclusively be limited to Outerlimits owners, there’s sure to be a slew of them—in addition to his own canopied 53-footer—at the docks in front of Janssen’s home.
Scotto’s new ride won’t be among them—he’s hoping to have the boat in time for the Florida Powerboat Club’s annual Key West Poker Run in November. But thanks to Janssen, he’ll be there.
“Doc is putting me in his 38-foot Fountain center console,” said Scotto. “I am going because of him. He’s an incredible man.”
Outerlimits SV 43 owner Vinnie Diorio will be heading back to Janssen’s event, which he co-hosted last year with Sgro, as will several of his fellow Outerlimits owners.
“There will be a bunch of us going for sure,” said Diorio.
Janssen emphasized that although he’ll be delighted to see an array of Outerlimits models at his docks, the party is far from limited to owners of the brand.
“It’s a powerboating networking event more than anything else,” he said. “I’m sure we’ll have a dozen or so Outerlimits at the docks, but we’re definitely not limited to them. I have friends who own Fountains and MTIs and everything else. All are welcome.
“Years ago, we called this thing the ‘Taste of Torque,’ he continued. “We did a catered dinner with more than 100 people on the tennis courts. Now, it’s morphed into a great way to give back and say thank you to all our powerboating friends. People can come by, have a bite to eat and a cold drink, see all the boats, talk about the snowmobiling tour in January and just hang out awhile before they go on their way.”
Matt Trulio is an award-winning journalist who has covered the high-performance powerboat world since 1995. He wrote for Powerboat magazine for 17 years and was the magazine’s editor at large until it ceased publication in 2011. Trulio is the founder, editor-in-chief and publisher of speedonthewater.com, a daily news site that covers the high-performance powerboat realm. He’s also the former editor of Sportboat magazine.