From Hornby Hobbies…
Hornby Hobbies Agrees Sale of Scalextric in £20m Deal
27 February 2026 – Hornby Hobbies Limited has agreed the sale of 100% of the Scalextric brand, including its intellectual property and associated assets, toScalextric Motorsports Ltd for total consideration of £20.0 million. £8.5 million of the total consideration is payable in cash upfront, with the remaining £11.5m deferred and payable out of free-cash flow. Completion of the sale is conditional upon certain consents, with completion expected to occur in early March.
Scalextric Motorsports Ltd has been established by Mark Brown, Chairman of Purbeck Capital Partners, to be the holding company of the brand in the future. Mark brings extensive experience in brand growth, capital allocation and operational execution. As part of the transaction, Mark has agreed to an ongoing role helping Hornby on its wider strategic transformation.
Under the terms of the agreement, Scalextric’s operations will continue to be supported within Hornby’s existing infrastructure. Hornby will manage the brand as agent, ensuring operational continuity while enabling Scalextric Motorsports Ltd to focus on accelerating the brand’s next phase of growth.
You can read the full statement on the forum