Ikonick Motors closes the Series A round financing.
Miami, FLORIDA, March 8, 2022: duPont Publishing, Inc. (d/b/a ” duPont Registry”), an Motorsport Network Company, announced today that it had closed the second and final round in Series A financing. This was led by Barry L. Skolnick, entrepreneur and philanthropist, who founded Ikonick Motors, LLC, which is home to some the most prestigious artworks and automobiles in the world.
Barry Skolnick stated: “duPont Registry has been a market leader in luxury automobile marketplace. Now, as part the Motorsport Network portfolio, being able to leverage the company’s global reach and digital footprint, there is no doubt that duPont Registry can achieve great success in leveraging their existing business model to become the world leader online in the marketplace for supercars and other luxury cars.
duPont Registry is located at the intersection of Motorsport Network’s Driven Lifestyle Division. It combines the culture, community, and commerce of classic and luxury automobile lifestyles with the power of Motorsport Network’s Driven Lifestyle division. The Driven Lifestyle portfolio includes Canossa events, a company that is synonymous with excellence in road-touring and organizes 250+ marquee experiences each year for drivers. Cavallino, part of Canossa events, is a leading media and concours event company. It hosts iconic events for collectors and admirers of high-end cars, such as the Annual Palm Beach Cavallino Classic. The Driven Lifestyle portfolio includes FerrariChat. This social network is the most trusted and respected for Ferrari enthusiasts and owners, and has over 200K registered members.
Over 36 years, duPont Registry has been a market leader within the luxury automobile marketplace. It is dedicated to connecting wealthy buyers with luxury cars and auto brands. Motorsport Network will use the second and final tranches of Series A financing for duPont Registry’s new venture. It is a highly innovative, influential, sophisticated, and sophisticated online marketplace that sells and buys ultra-luxury and exotic cars. This provides an extraordinary experience for the wealthy consumer who values a high-end lifestyle. Given the rapid pace of global luxury, classic and exotic car markets, and the acceleration in online automotive retailing, duPont Registry has the potential to lead the digital transformation.
Will Chapman is the CEO of duPont Registry. He stated that “This second round of Series A strategic investments by Ikonick Motors, will allow duPont Registry continue its growth trajectory while also allowing us to collaborate with Barry and his staff.”