Bill Henderson set up ACE after selling Henderson to the Schwinn bicycle company in 1917. Ace produced bikes with an inline-four layout. The most popular was the Ace XP4 motorcycle, which set a world record of 130mph in 1923. The rights to the ACE brand were sold to Indian who built a similiar Four. Ace Motor Corporation ceased operation in 1924. In the next two years, ownership of Ace name ,rights and production facilities would change hands at least twice. At least one of these owners, Michigan Motors Corporation, would revive production for a short time. More specs and user manual of Ace XP4 you can see in next overview.