Edward Van Halen and Peavey have had a great business relationship for the past 13 years. On December 21st, Peavey announced they have parted with him and are discontinuing the 5150 amp and the EVH Wolfgang guitars.
They are releasing a new model of amp and guitar to replace the 5150 and a new guitar to replace the Wolfgang. The new amp will be the model 6505 to represent the 40th anniversery of Peavey (1965 - 2005). It will use the same circuit as the 5150 and have the same tone. They will be releasing a guitar called the Carina (Beautiful in Italian) to replace the Wolfgang. They will have many of the same features as the Wolfgang, but be more consistant neck radius, not found on the Wolfgangs (CNC).