five years. His inventive mind kept busy, however, and during his "retirement", he devised a much-improved, two-cylinder outboard engine. In 1921 he and Bessie formed the ELTO Outboard Motor Company (ELTO standing for Evinrude's Light Twin Outboard). This new outboard engine was also very successful, and in 1929 the ELTO company merged with the original Evinrude company (since renamed the Outboard Marine Corporation) and the Lockwood Motor Company, with Evinrude the president of this new company. Bessie, who had retired in 1928 for health reasons, died in 1933 in Milwaukee. Ole Evinrude died the following year on July 12 in Milwaukee, and the company was taken over by their son, Ralph. In 1936 the Evinrude company merged with the Johnson Motor Company to form the Outboard Marine Corporation. During World War II the company manufactured motors for various types of military marine craft. In the 1930s and 1940s, 4-60 engines were used in midgets racers. These Four 4 cylinder, water-cooled horizontally opposed engines ran on special racing fuel: 82% methanol, 10% toluene or benzol, and 8% castor oil (which was available in cans from drug stores), plus tetraethyllead (also available in drug stores) to avoid engine knock. They would rev close to 8,000 rpm and could produce , close to 1 horsepower per pound (0.6 kW/kg) of engine weight. OMC declared chapter 11 bankruptcy in 2000 and its assets were subsequently acquired by Bombardier Recreational Products, which continued to build Evinrude branded outboard motors. On May 27, 2020, BRP announced that they would be retiring the Evinrude brand and would exit the outboard boat motor market, in favor of manufacturing recreational boats. BRP also announced a partnership with what it termed "market leader" Mercury Marine to supply power packages to their craft. According to BRP's press release announcing the Evinrude discontinuation, “'Our outboard engines business has been greatly impacted by COVID-19, obliging us to discontinue production of our outboard motors immediately. This business segment had already been facing some challenges and the impact from the current context has forced our hand,' said José Boisjoli, President and CEO of BRP. 'We will concentrate our efforts on new and innovative technologies and on the development of our boat companies, where we continue to see a lot of potential to transform the on-water experience for consumers,' he added.” BRP claimed it "will continue to supply customers and our dealer network service parts and