Outerlimits Founder, Michael Fiore, Killed in Boat Accident

Michael Fiore, 44, founder and owner of offshore powerboat company, Outerlimits, died on August 26 in a boat accident at the Lake of the Ozarks racing event. Fiore was serving as the throttleman of a 42-foot Outerlimits catamaran at the time of the crash.

In a statement, Frank Sciacca, General Counsel of Outerlimits Offshore Powerboat Company said the following: "The entire Outerlimits family is devastated by the loss of our friend and leader of our company. Mike's love for high speed boating was only out matched by the love for his wife, three young children and his family. Details on arrangements will be made and released in the coming days, and in the meantime we hope all understand the family's need to grieve for their loss privately.”

Lake News Online reports that Fiore was airlifted to University Hospital in Columbia, Missouri, but passed away Tuesday evening after complications during surgury. It also reported that Joel Begin, the boat's driver, was taken to Lake Regional Hospital and later released.

The accident was caught on video by spectators and has since gone viral on YouTube.

The day following the accident, Mercury Racing General Manager, Erik Christansen, released a statement about the tragic death of Fiore. "Mercury Racing is devastated at the loss of our friend, Mike Fiore. Our deepest condolences go out to Mike's wife, three children and the entire Outerlimits family. Mike was a great friend, leader and partner and this loss is just heartbreaking for all of us.'

Fiore was from Bristol, Rhode Island.