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Share this article Share this article MIAMI, May 24, 2021 /PRNewswire/ Cigarette Racing Team, synonymous with high-powered luxury performance powerboats, has new ownership with big plans for growth of the company and the future of boat racing in across the globe. Lionheart Capital, led by Founder and CEO, Ophir Sternberg, has partnered with billionaire entrepreneur, John H. Ruiz, to purchase the iconic American brand from longtime owner of two decades, Skip Braver. Photo of the Cigarette Racing Team 59’ Tirranna Powerboat After 20 years of building the Cigarette product line and brand, I look forward to seeing Ophir and John s vision for the company become a reality. Lionheart Capital and John H. Ruiz share my commitment to quality and performance, as well as my passion for Cigarette s brand, and I m confident in their ability to take the company to even greater heights based on their own successful ventures, resources and business knowledge, said Skip Brav ....