“Today’s announcement marks an necessary step ahead for Hoonigan that will allow us to advance our trade leading place within the rising automotive aftermarket sector,” Mr Johnston stated. As nicely as being a sponsor of Mr Block’s rally racing vehicles, Hoonigan established itself as one of automotive news many largest automotive YouTube channels, featuring automobile modification content and other related videos. Hoonigan – the automotive life-style model based by late web star and motorsport icon Ken Block – has filed for bankruptcy, having wound up with US$1.2 billion (A$1.eight billion) in debt.