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                                                                    EXHIBIT 23.1



                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS



As independent public accountants, we hereby consent to the use of our reports
on the consolidated financial statements of Holley Performance Products Inc.
and Hooker Industries, Inc. and on the combined financial statements of Lunati
& Taylor Pistons, Incorporated, Lunati Cams, Incorporated and LMT Motor Sports
Corporation, and to all references to our firm included in or made a part of
this registration statement of Holley Performance Products Inc., relating to
the registration of its 12 1/4% Senior Notes due 2007, Series B.



                                                      /s/ Arthur Andersen


Nashville, Tennessee
October 13, 1999