Product Update
Is Drive Suits Still in Business? (2026 Update)
Is Drive Suits from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Drive Suits today.
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Drew Beaumier pitched a costume you could drive. Literally strap it on and putter around at up to 12 miles an hour inside a wearable vehicle shell shaped like a race car. It is one of the stranger concepts to walk into the Tank, and more than a decade later the company built around that idea is still around, just not selling the suits you might expect.
The Short Answer
Drive Suits, in the form it pitched on Shark Tank, does not sell direct-to-consumer suits today. The business rebranded as Robots and Cars Entertainment, Inc., known as R.A.C.E., and now rents out the wearable vehicle costumes for appearances at events and shows rather than selling them retail.
It does not sell on Amazon, which makes sense given the product. These are not something you order in a box and assemble at home.
The Shark Tank Pitch
Drive Suits appeared in Season 4, Episode 9, which aired November 9, 2012, pitching out of Burbank, California. Beaumier came in with zero sales but a track record of winning five costume and invention contests worth 25,000 dollars in prize money, along with heavy exposure from showcasing the suits at events.
He asked for 150,000 dollars for 20 percent equity, valuing the company at 750,000 dollars.
The Deal That Didn't Materialize
On air, Beaumier accepted Kevin O'Leary's offer of 150,000 dollars for 30 percent equity, contingent on Beaumier landing a partnership with a toy company. Mark Cuban had also offered 150,000 dollars for 40 percent, and Lori Greiner, Robert Herjavec, and Daymond John all passed, citing worries about patent protection, whether the market was ready, and safety.
The O'Leary deal never materialized after filming. Without a toy company partnership in place, the contingency was never met, and the business moved forward on its own. That kind of contingent offer is one of the sharper edges in Shark Tank deal-making. It looks like a yes on camera, but it is really a conditional maybe that depends on a third party the entrepreneur does not control.
Three sharks passing outright on safety and market-readiness grounds is also worth noting. A wearable device you drive at up to 12 miles an hour raises obvious liability questions, and that skepticism from half the panel foreshadowed the direction the business eventually took: away from retail sales and toward controlled, supervised appearances where liability can be managed directly.
Drive Suits net worth in 2026
Public tracking of the company lists its current net worth at essentially zero, reflecting that it operates today as an event rental and appearance business rather than a scaled consumer products company. There is no credible revenue or valuation figure published for R.A.C.E. as it stands now.
That is a plainly modest outcome compared to some Shark Tank success stories, and it is worth stating without dressing it up. A novelty costume that rents out for appearances is a real, ongoing business, just not one with disclosed financials worth citing as a number.
Where Things Stand Now
The company pivoted from what looked like a retail costume product into an entertainment and appearance business under the R.A.C.E. name. The Drive Suits themselves still exist and still move under their own power, but the way you access one today is by booking an appearance, not by placing an order.
That pivot makes practical sense given the product. A drivable costume is expensive to manufacture safely at consumer scale, and the liability of putting one in a stranger's garage is very different from operating it under supervision at a licensed event. Repositioning as an appearance and entertainment act sidesteps most of that risk while still monetizing the same underlying invention.
Before landing on that model, Beaumier had already proven the concept could draw a crowd, the suits won five separate contests and 25,000 dollars in prize money before the company had a single retail sale, which suggests the appeal was always more spectacle than practical product from day one.
So if you came here hoping to buy a wearable, drivable race car costume off a website, that is not currently how this works. If you came here wondering whether the idea survived at all after the O'Leary deal fell apart, it did, repackaged as a hire-for-appearances entertainment company that is still operating more than a decade after the pitch, even if the business today looks nothing like what was pitched on air.
Where to buy Drive Suits
Still selling as of February 16, 2026. Check today's price and availability.
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See the full Drive Suits deal breakdown and term sheet →
