AMA

2002 privateer fund continues to grow

AURORA, Ill. (December 21, 2001) - Clear Channel Entertainment's motor sports division announced today the addition of the new $75,000 CC.com Fund to the existing $150,000 Privateer Fund that will bring the total privateer payout to $225,000 for...

AURORA, Ill. (December 21, 2001) - Clear Channel Entertainment's motor sports division announced today the addition of the new $75,000 CC.com Fund to the existing $150,000 Privateer Fund that will bring the total privateer payout to $225,000 for the 2002 season of EA SPORTS Supercross

Just seven days ago, Clear Channel Entertainment announced that the new $50,000 pro privateer fund from the United States Tobacco Company for the 2002 season of EA SPORTS Supercross raised the overall purse to an unprecedented $150,000. This additional $75,000 from Clear Channel Entertainment's CC.com division is a major asset to the hard-working privateers on the tour.

The new enhancement will award the true journeymen of the sport paying an additional $5,000 into each 250cc LCQ throughout the 2002 season of EA SPORTS Supercross. Therefore, riders finishing in third place through last will be paid (In the 250cc last chance qualifier, only the top two riders qualify for the main event).

"This is a proud moment for Clear Channel Entertainment," said Charlie Mancuso, president, Clear Channel Entertainment - Motor Sports. "We have always wanted to post more to the privateer riders who pour their hearts and efforts into our series to race in front of our fans, and we are glad to make this contribution through the resources of Clear Channel Entertainment's CC.com. We, at Clear Channel Entertainment, recognize that the privateers are the backbone to our successful series, and the $225,000 lends them the opportunity to enhance their careers."

The privateer fund for 2002 is the single largest amount of money that has been solely dedicated to the privateers as they aim to attain factory support. Coupled with the already existing $100,000 privateer purse that Clear Channel Entertainment offers, this $225,000 jackpot is the highest paying privateer purse in the history of our sport.

-cce-

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