Drive Suits Shark Tank Update

Costumes

Fell ThroughNow:Out of BusinessOtherSeason 4, Episode 9Burbank, CAby Drew BeaumierWebsite

What Happened to Drive Suits After Shark Tank

Is Drive Suits still in business? No — the company has shut down.

  • Kevin O'Leary deal on S4
  • Protective racing suits
  • Deal reportedly did not close
  • Company appears defunct

Last updated Sep 7, 2026.

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The Drive Suits Shark Tank Pitch

Drew Beaumier of Burbank, CA pitched Drive Suits on Shark Tank Season 4, Episode 9, which aired Friday, November 9, 2012, asking for $150,000 for 20% of the company — a $750,000 valuation.

Kevin O'Leary agreed to invest $150,000 for 30% equity, valuing the company at $500,000. The deal fell through after the show.

Watch the Pitch

Pitch Details

Aired
S4E9Nov 9, 2012
Ask
$150,000for 20%
Ask Valuation
$750,000

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$150,000
Equity
30%
Valuation
$500,000