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21.1 SUBSIDIARIES OF REGISTRANT
Automotive Performance Group, Inc. (APG) has the following
subsidiaries:
1. Zeropaper.com, Inc. (ZP) is a Delaware corporation that is wholly
owned by APG.
D'Artagnan Associates, Inc., a Delaware corporation, is wholly-owned by
ZP.
Boyds Wheels, Inc., a California corporation, is 80% owned by ZP. Hot
Rods by Boyd, Inc., a California corporation, is wholly-owned by Boyds
Wheels, Inc.
Automotive Specialty Chemicals Group, Inc. (ASCG), a Delaware
corporation formerly known as International Motor Sports Group, Inc.,
is wholly-owned by ZP. All the businesses owned by ASCG have been
discontinued or remain only as a shell after most operating assets have
been sold. Shell companies include Royal Purple Motor Oil, Inc., a
Texas corporation.
2. APG Special Purpose Sub, Inc. (SPS) is a Delaware corporation that
is wholly owned by APG.
SPS holds APG's minority ownership interest in PBT Brands, Inc. (PBT),
a Delaware corporation.
Unless stated otherwise, each operating company does business under its own
name.