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The Grizzly Win Mag pistols were conceived, invented, designed, engineered and developed in the 1980s by the sole inventor, Perry Arnett, who licensed his patent for an interchangeable caliber semi-automatic pistol to L.A.R. Manufacturing Inc. Perry Arnett's designs were initially flawed and were improved upon by Heinz Augat (former owner and founder of L.A.R. Manufacturing Inc.). The L.A.R. Grizzly was the most powerful semi-automatic pistol ever commercially produced after the Desert Eagle (the Mark V was chambered in .50 AE to compete with the IMI Desert Eagle).

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