 Hoosier employs nearly 500 people, and has provided tires for use in series sanctioned by IHRA, ARCA, CRA, NASCAR, IMCA, WISSOTA, SCCA, AIS, USAC and Lucas Oil Late Model Dirt Series.The business was purchased by Continental AG on October 4 of 2016.The tire company was purchased for a total nearing 140 million dollars.