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Leaux Racing Trikes Shark Tank Update: What Happened After Shark Tank?

SEASON 7 EPISODE 10

PITCH

adult speed tricycles

ENTREPRENEUR

Joe Hadzicki and Joe Hadzicki

ASKED FOR

$120,000 for 20%

GOT

NO DEAL

SHARK

NO SHARK

STATUS

OUT OF BUSINESS

Company Background

What is Leaux Racing Trikes?

Leaux Racing Trike is a line of tricycles modified for speed and the ability to maneuver tight spaces. They are made in replication of the Big Wheel; low to the ground, and users can perform power slides and spins on them. It has a rear steering handle to control the rear wheels in addition to the front handlebars. The rear wheels lock to allow spin-free riding.

Who Owns Leaux Racing Trikes?

Father and son, Joe Hadzicki and Tyler Hadzicki, are the founders of Leaux Racing Trike. Tyler was a student when he invented the tricycle at the age of 17 years. After graduating from the San Diego State University, Tyler went on to work as an Associate at South Coast Commercial Inc, where he is still attached up to date.

Founder’s Story

Tyler is passionate about business, and this testament to his will to start a company when he was aged 17 and in college. His project began when he was in grade school as part of a science project. Even though his teacher hated the trike for not being science-based enough, it still won the science fair.

Years on, Tyler resurrected his dream with the help of his father, an engineer. He fundraised to produce in mass and surpassed his target. His goal is to impact the client’s life through his strong analytical background, negotiation skills, and unique marketing skills. Tyler incorporated his passion and dream with his father’s more than 20 years of engineering and design expertise to create a product he hopes will change the world. Tyler faced the challenge of a lack of enough funds to expand to bigger production facilities.

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