Germain Motor Company Acquires Blue Grass Motorsport in Kentucky

Written by:
Autobody News Staff
August 19, 2025

Blue Grass Motorsport in Louisville is the state's only Porsche and Jaguar Land Rover dealership.

Blue Grass Motorsport, an acclaimed Porsche, Audi and Jaguar Land Rover dealership platform in Louisville, KY, has been sold to Germain Motor Company, according to Kerrigan Advisors, which represented the seller. The multi-brand luxury campus operates from an 8.64-acre facility and is known for its operational excellence.

Blue Grass Motorsport, a family owned retailer since 1966 when it was founded as Blue Grass Mercury, is Kentucky’s exclusive provider of Porsche and Jaguar Land Rover brands. Under the stewardship of the Vine and Haynes families, the group amassed numerous accolades, including 16 Porsche Premier Dealer awards, nine Audi Magna Society awards, three Land Rover Pinnacle Club awards, and two Jaguar Pride awards.

“Our family is honored to have served the Louisville community for decades, and we are deeply grateful to our employees and customers for their loyalty and support,” said Jim Haynes, co-owner of Blue Grass Motorsport. “Kerrigan Advisors’ care and professionalism throughout this transaction was key to its success, and we know that this community, which has been so important to Blue Grass Motorsport and to our family, is in very good hands with the Germain family.”

The buyer, Germain Motor Company, is family-owned and led by fourth-generation family leaders Zach, Jessica and Austin Germain and their father, Chairman Steve Germain. Founded in 1947 by Warren Germain, a personal accountant to Henry Ford, the company represents 14 brands and 28 rooftops across Ohio, Michigan, Pennsylvania, Florida, Arizona and now Kentucky.

“My family is very excited to continue our relationship with these exceptional brands in this incredible market. We look forward to working with the amazing Blue Grass associates and taking care of their loyal customers” said Zach Germain, CEO of Germain Motor Company.

Louisville, the largest and most prominent metropolitan area in Kentucky, represents 40% of the state’s population and has grown 7.8% since 2019 — nearly three times the national growth rate, driven by a strong economy and a highly competitive cost of living.

Residents surrounding Blue Grass Motorsport are affluent, with household incomes nearly 30% higher than the state average, contributing to Louisville’s position as one of the most attractive and profitable single-point luxury markets in the Southern U.S. region.

The transaction marked Kerrigan’s 302nd dealership sale, including 119 franchises in the South and 80 top-tier luxury franchises nationwide since 2014.

“It has been a privilege to work alongside the Vine and Haynes families as their strategic thought partner over the years,” said Erin Kerrigan, founder and managing director of Kerrigan Advisors. “Representing their family legacy in the sale of such a unique and valuable asset was a true honor. Blue Grass Motorsport’s combination of premier luxury brands, market exclusivity and exceptional operational performance made it one of the most sought-after luxury platforms in the Southern U.S., attracting significant buyer interest and resulting in a highly successful transaction.”

About Kerrigan Advisors

Kerrigan Advisors is the leading sell-side advisor and thought partner to auto dealers nationwide. Since its founding in 2014, the firm has led the industry with the sale of more than 300 dealerships generating more than $9.5 billion in client proceeds, including two of the largest transactions in auto retail history – the sale of Jim Koons Automotive Companies to Asbury Automotive Group and Leith Automotive to Holman. The firm advises the industry’s leading dealership groups, enhancing value through the lifecycle of growing, operating and, when the time is right, selling their businesses. Led by a team of veteran industry experts with backgrounds in investment banking, private equity, accounting, finance and real estate, Kerrigan Advisors is the only firm in auto retail exclusively dedicated to sell-side advisory, providing its clients the assurance of a conflict-free approach.

Kerrigan Advisors monitors conditions in the buy/sell market and publishes an in-depth analysis each quarter in The Blue Sky Report®, the industry authority on dealership buy/sell market trends and valuations and includes Kerrigan Advisors’ signature blue sky charts, multiples and analysis for each franchise in the luxury and non-luxury segments. To download a preview of the report, click here. The firm also releases The Kerrigan Index™ comprised of the seven publicly traded auto retail companies with operations focused on the US market. The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail. To access The Kerrigan Index™, click here. To read the 2024 Kerrigan Dealer Survey, click here. To read the 2025 Kerrigan OEM Survey, click here. Kerrigan Advisors also is the co-author of NADA’s Guide to Buying and Selling a Dealership.

Share this post
In The News

We look forward to connecting with you.

Contact us to learn more about Kerrigan Advisors’ sell-side services.
All of our conversations are 100% confidential.