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Fred Wagenhals

Founder

Fred Wagenhals founded Action Performance, a marketer and distributor of licensed motor sports, which he eventually sold to Motorsports Authentics for a reported $245 million. Wagenhals also won $1 million in the Arizona Lottery.

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Fred Wagenhals founded Action Performance, a marketer and distributor of licensed motor sports, which he eventually sold to Motorsports Authentics for a reported $245 million. Wagenhals also won $1 million in the Arizona Lottery.

Wagenhals was inducted into the Diecast Hall of Fame for his entrepreneurial work as part of the Class of 2010.

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