There isn’t too much information out there on the closure, but it is official: Race Face shut down operations on March 11, 2011.
Race Face’s Component/Protection Marketing & Product Manager, John Pentecost, wrote this on Ridemonkey’s forums:
“… we’ve been told the company is going to be liquidated, and 90% of us are unemployed as of next week. They’ll keep a few people on to assist with the liquidation.
My tenure with the company has been short, but it’s been a fun ride. Thanks to all the great athletes, customers, and media folks I’ve had the opportunity to work with. Thanks also to the amazing group of coworkers I have out here. All of you make stuff like this hurt a lot less.”