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2011–2026 · Continental release, 4 Oct 2016; Rubber & Plastics News, 11 Nov 2016; IBJ 2024; company announcement, 1 Jan 2020; Notre Dame News, 18 Nov 2019; Tyrepress, 3 Jan 2020
From 2011 Hoosier and Continental worked together — the companies collaborated on the Official Spec Tire of the Rolex Sports Car Series, a programme the company's history says lasted eight years; Continental's 2016 release frames the prior relationship as "a variety of technical and motorsports projects" over "the past several years," its headline bullet "7 year successful partnership." Both forms stand as printed.
On 4 October 2016 Continental announced "the acquisition of Lakeville, IN-based Hoosier Racing Tire Corp., a manufacturer of specialty tires for racing applications," adding: "Hoosier was founded in 1957… The company currently employs nearly 500 people." Joyce Newton, styled in the release "Hoosier's president and CEO," is quoted on the sale; Continental's Dr. Jochen Etzel: "Hoosier's management team will continue to run the racing tire business. We are committed to the employees, and the communities in which Hoosier operates." IBJ 2024: "The company remained family-owned until 2016." (A trade carrier, Modern Tire Dealer, dates the acquisition's completion to 3 October 2016 against the 4 October announcement every other carrier carries; both stand — announcement and completion may be distinct acts, but no carrier says so, and the build does not reconcile them.)
The price is a conflict and prints whole. Continental's release: "Terms of the transaction are not being disclosed." The reported figures: $140 million — Rubber & Plastics News' headline of 11 November 2016, "Continental pays $140 million for Hoosier" (the article body is behind the subscriber wall; headline strength), repeated by IBJ 2024. Against it, the reference article's current text carries "nearing $155 million" in one revision and "nearing $140 million" in another — both forms reached's searches of the same article at different crawls — while its own cited source for the succession line is the $140-million item. No carrier reached attributes any price to Continental or to Hoosier. No figure is printed as the build's.
The succession runs: Bob Newton (president and CEO in the record to his death in 2012) → Joyce Newton, who "continued to successfully lead the company until 2016" and stood as its president and CEO at the sale — the last Newton-family holder of the presidency → John DeSalle, appointed president in 2016 at the acquisition (with Hoosier since 1988; vice president of engineering and manufacturing from 2010), who announced his retirement in November 2019 after nearly 31 years → Joerg Burfien, named president effective 1 January 2020 (Continental since 1998), carried as President and CEO in the company's releases of 2022–2025 and as President in the firm's 2023 Kentucky annual-report filing. No successor announcement was reached through November 2026.