Scepter Holdings, Inc. has merged with Nevada based, auto performance tuner and engine fabricator, IP Motorsports. IP Motorsports has contracted and licensed with Insane Power Competition Engines, one of the MOST respected and desired custom race engine builders, rebuilders and performance upgrade parts manufacturer in the nation, with goals to build custom high powered engines using clean performance fuels such as E85 and the likes. Scepter Holdings' business model is to be a research and acquisition hub, focused on building and acquiring cash-flowing assets in areas that have an identified technological advantage and a substantial market opportunity within significant target markets across the globe.