I sent an email to Joe (with a link back to this thread), hoping he can help clarify if the wiki page is correct or not:
Red RC ? RC Car News » Pillars appointed Muchmore Racing USA team manager
***UPDATE
Joe quickly replied back, great guy!
Originally Posted by Joe Pillars
Hi Bill,
...
Everything with Muchmore has been going very good!
Hobbico was a distributor for Muchmore and that is all. They do not in anyway own any part of Muchmore.
Hope this helps,
Joe Pillars
Team Manager