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Failed firm rebuilt

By O'Malley, Chris

Monday, July 10 2006
Published on AllBusiness.com

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Eagle Creek Golf Course owner Jerry Hayslett has acquired assets of Kenny Brown Performance and teamed with Brown's former sales manager to launch a racing-parts business.

Engineered Performance set up in one of Brown's former bays at 57-C Gasoline Alley after acquiring virtually all of Brown's tooling and other production equipment from Regions Bank.

In November, the Birmingham-based bank won a judgment against Kenny Brown Performance in Marion Circuit Court for $704,361, representing the outstanding balance of smallbusiness loans, and for about $50,000 in fees and interest.

Brown earned a national reputation as a Mustang tuner and producer of performance parts for rear-wheel-drive cars used on the track and street. Enthusiast chat rooms still buzz about what happened to a man whose firm's modified cars were often featured in enthusiast media such as Car & Driver magazine and TV show MotorWeek.

Brown's family blamed a worsening respiratory condition for the ultimate demise of his Gasoline Alley facility. His Web site describes it as a "temporary" suspension of operations. Brown moved to Indianapolis from Omaha in the early 1990s.

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