Detroit Pistons Basketball Company owns and operates the Detroit Pistons professional basketball team, which boasts three National Basketball Association championships, its last coming in 2004. The team was formed in 1941 as the Fort Wayne (Indiana) Zollner Pistons by auto piston maker Fred Zollner, who moved the team to Detroit in 1957. The Pistons roster has included such stars as Joe Dumars, Bill Laimbeer, and Isiah Thomas. Karen Davidson, widow of the late William Davidson, controls the team. The family also owns Palace Sports & Entertainment, a holding company that owns Detroit's Palace of Auburn Hills arena.