Culver City,
  California, 1986 - Jim Jones, Head Engine Builder of TRACO Engineering, buys
  the company from founders and famous engine builders Jim Travers and Frank
  Coon (TRAvers & COon). First Travers and then Coon retire after 3 decades
  of building TRACO, founded in 1957, into one of the foremost engine firms in
  the world. Jim Jones, hired in 1979, who helped build that reputation,
  continued to uphold "The TRACO Tradition" with the many projects
  that followed.
  At that time about half the business was directed towards current race engine
  technology and engine rebuilds of race cars that were originally TRACO
  powered. That current technology was integrated into those earlier engine
  rebuilds and updates. Notable projects included Roger Penske's 1968 Trans-Am
  Camaro driven by Mark Donohue/Craig Fisher, Roy Woods Trans-Am AMC Javelin and
  Carl Haas's one of a kind Lola Can-Am car nicknamed Aircraft Carrier. One
  memorable race in 1992 was at Road America. It was the 20th reunion of Can-Am
  cars and Bob Lee's Jim Jones/TRACO powered McLaren M20, driven by Denny Hulme,
  started in the back of the pack. After 4 laps Denny took the lead and went on
  to win the race. Jim also built the engine for Charlie Hayes McLaren Group 7
  sports car now owned by Bill Fraley and rebuilt the engines of the originally
  TRACO powered Lance Reventlow Scarab sports cars. So it seems that in addition
  to the current TRACO racing engine program, Jim had solidly established TRACO
  in the vintage race car engine market.
  One of Jim's
  current racing programs at that time was with SCCA Showroom Stock Corvette
  racing which helped develop ideas to improve the performance of
  street-driven automobiles. Consequently, the remainder of the business became
  devoted to high end street engines. Dick Guldstrand relied on Jim to provide
  the power plants for all of his Guldstrand GS 80 Corvettes. TRACO supplied
  parts to Boyd Coddington and TRACO engines were installed in some of
  Coddington's cars. Movie, TV and rock stars such as Arnold Schwarzenegger,
  Nicolas Cage, Alex Van Halen, Steve Bond, Tristan Rogers and Charlie Sheen had
  engines built by Jim Jones.
  In 1996, Jim
  sold his interest in TRACO Engineering, Inc. and joined that company in North
  Carolina to apply his years of experience and craftsmanship to bring the
  latest in engine building technology to NASCAR competition. As Head Engine
  Builder, Jim assembled and maintained NASCAR Craftsman Truck Series engines
  for Ron Hornaday when Ron won the Championship in 1996. He assembled Winston
  Cup and Busch Grand National restrictor plate and open race engines for other
  teams and was also involved in testing unleaded racing fuel for Winston Cup
  engines.
  After a
  stint at A.J. Foyt Racing as Head Engine Builder, again assembling Winston Cup
  restrictor plate and open race engines, a desire to increase his knowledge of
  engine management systems led him to Callaway Cars in Old Lyme, Connecticut in
  2000. There, as Engine Development Manager, he oversaw all engine development
  projects that Callaway Cars was involved in. Among them the 6.8L LS6 530HP 49
  state emissions compliant C5 Corvette engine program, building and maintaining
  the Callaway C12-R engines used for American Le Mans Series and the 2001 24
  Hours of Le Mans and developing street legal high performance turbocharged
  engine packages for The Mazda Corporation.
  Now, Jim has
  returned to North Carolina opening Total Racing Automotive Co.
  (TRA-CO). "The Tradition
  that his clients have come to expect, building the finest racing and high end
  street engines his years of experience can provide . . . Continues."