DEFINITION of 'Private Company'. A company whose ownership is private. As a result, it does not need to meet the strict Securities and Exchange Commission filing requirements of public companies.Next Up. company whose ownership is private. As a result, it does not need to meet the strict Securities and Exchange Commission filing requirements of public companies.
Motorbike ballet as riders crash. Bubba Blackwell, another American stuntman, set the previous record with a 157 foot (47.85 meters) jump in Las Vegas in 1999. He broke the record set by Evel Knievel in 1975, which he held for 24 years.
On February 28, he set a new world record by jumping 19 cars with his Harley-Davidson XR-750 at the Ontario Motor Speedway in Ontario, California. The 19-car jump was filmed for the movie Evel Knievel. Knievel held the record for 27 years until Bubba Blackwell jumped 20 cars in 1998 with an XR-750.