Hot Bodies, the company that was formerly a part of HPI, has been purchased by Neidhart S.A., owners of other popular RC brands such as Orion an nVision. This purchase will keep the 3-time IFMAR World Champion company alive, however the name will be slightly different. Hot Bodies is now HB Racing, a WAY better name in my opinion (have you ever Googled Hot Bodies?).
Their new website will be hbracing.com.
Hobbico will also remain the U.S. distributor for HB Racing products, so sales and support in the US will still be available.
[source: hbracing.com]