Professional Race Car Driver, Entrepreneur & Athlete. These three words describe Chapman Ducote’s myriad pursuits over the past two decades.
After graduating from the University of Miami in three years, Chapman Ducote accepted an investment banking position with Jeffries & Company in New York City for a brief one year stint, then went on to equities trading with CIBC Oppenheimer. Missing South Florida and ready to start his own business ventures, Chapman returned to Miami Beach and embarked on a series of successful deals, ranging from real estate investing and developing (with projects including the Brooklyn Hotel, the Pelican Garage, Iguana Point, and Coral Cay – a private island in the Bahamas) to building and maintaining several of his own companies. Beginning in 1994, and enduring throughout this foray into the business world of investing and developing, Chapman continued to pursue his true passion: racing on a professional level. Over the years, Chapman has won several of the most competitive races in the American Le Mans Series (European Le Mans Series, Rolex Grand Am Series and currently IMSA WeatherTech Championship). He has raced in a variety of cars including: LMP1, LMPC, a GT1 car for Aston Martin and GT with several other manufacturers.
Currently, Chapman Ducote is the President and CEO of Merchant Services LTD, a full scale, vertically integrated credit card processing company headquartered in the heart of Miami Beach. Founded by Chapman in 2005, Merchant Services LTD has grown to over 500 employees and is a tier one merchant service processor that is certified by Visa/MasterCard and is a leading provider of merchant processing solutions and products nationwide and internationally. While there are thousands of sales offices that broker merchant services throughout the country, Merchant Services LTD is one of a handful of certified financial institutions that are actually able to process a credit card transaction from start to finish on behalf of a merchant. While unsurprisingly Chapman now focuses the vast majority of his time and energy on building Merchant Services LTD, as well as Delta Carbon Yachts LLC.
Chapman’s endeavors with Delta Carbon Yachts began in 2013. He took on an additional position as the Director of Americas for Swedish yacht building company, Delta Powerboats. One may say his love for racing and appreciation for carbon fiber is what pulled him towards the carbon fiber yacht building company and the beginning of Delta Carbon Yachts in Miami.
Outside of racing and work at his offices in Miami and Aspen, Chapman enjoys a long list of extreme Adeline pumping hobbies: Snowbiking, snow boarding, spearfishing, free driving, extreme mountain hiking, enduro motorcross.
Chapman Ducote has set a personal free-diving record by diving 128 feet on a single breath of air.
Lastly, Chapman has demonstrated his love for the arts and his commitment to the Miami Beach community through his service on the Board of Directors of the Miami Symphony Orchestra & benefactor of the Perez Art Museum Miami.
Chapman is a member of the Young Presidents Organization (YPO) since 2016.
Clearly not just your average racer; over the years Chapman Ducote has developed into a well-rounded individual and successful business man and continues to harvest new opportunities in both the business and motor sports worlds.
Visit Instagram @ChapmanDucote to keep up with his daily life