Horsepower Farms is being developed by Chip Vance, the sole owner of Auto Assets, an independent automobile sales and repair facility in Powell, Ohio. Chip has been drawing pictures of cars, building models and playing with slot cars from a very young age.
Chip started in the car business in 1985 through a now defunt automobile leasing business, MultiLease of Ohio. After college, he gained experience working for both Ford Motor Company and General Motors as a computer information systems contractor.
He joined Auto Assets in 1997 as a service writer, purchasing the company in 2005. Since purchasing the company, Chip has grown company revenues from $750k to more than $10 million through service staff growth, automobile sales and motorsports support to company offerings.
Chip is an avid collector of interesting street cars and has 2 vintage race cars.