AURORA, Ill. (November 27, 2001) - Clear Channel Entertainment's motor sports division announced today that the season-end points fund for its 2003 series will be a minimum of $500,000.
The upcoming 2002 series points fund payout to riders will be $325,000. Under the current sanction agreement between Clear Channel Entertainment and the American Motorcyclist Association, Clear Channel had agreed to pay $133,100 in points fund money in 2002. However, in 2002, Clear Channel Entertainment will actually pay 144% more than the agreement stipulates, bringing the total to $325,000. That amount will increase by at least another $175,000 when Clear Channel Entertainment produces its 2003 series.
Roy Janson, vice president of operations for Clear Channel Entertainment's motor sports division, said, "We are pleased to again demonstrate our commitment to the riders. The half million dollar mark is a major milestone in supercross history, and this is something we definitely set out to do five years ago."
The series points fund is paid to the top 20 riders in final series points. In addition to the series points fund, Clear Channel Entertainment will continue to award the privateer riders with the privateer points fund.
Janson added, "Clear Channel Entertainment will maintain its traditional support program for privateer riders in 2002 and beyond with the continuation of its privateer point fund. The fund distributes more than $100,000 annually above the posted purse and point fund payouts exclusively to privateer riders who qualify for 250cc class main events."
<pre> The 2003 Clear Channel Entertainment Supercross Series schedule follows:
Date Venue City Jan 4 Edison International Field Anaheim, Calif. Jan 11 Bank One Ballpark Phoenix Jan 18 Edison International Field Anaheim, Calif. Jan 25 TBA * TBA * Feb 1 Edison International Field Anaheim, Calif. Feb 8 Qualcomm Stadium San Diego Feb 15 Metrodome Minneapolis Feb 22 Georgia Dome Atlanta Mar 1 RCA Dome Indianapolis Mar 22 The Dome at America's Center St. Louis Mar 29 Reliant Park Houston Apr 5 Silverdome Pontiac, Mich. Apr 12 Texas Stadium Dallas Apr 26 Rice-Eccles Stadium Salt Lake City May 3 Sam Boyd Stadium Las Vegas
*Clear Channel Entertainment will soon announce a new venue and city for its 2003 Supercross Series.
About Clear Channel Entertainment / EA SPORTS Supercross: Clear Channel Entertainment's motor sports division is the producer and promoter of 2002 EA SPORTS Supercross, and the recently announced 2003 Supercross Series. Clear Channel Entertainment, a leading producer and marketer of live entertainment events, is a subsidiary of Clear Channel Worldwide (NYSE: CCU), a global leader in the out-of-home advertising industry. Clear Channel Entertainment currently owns, operates and/or exclusively books 135 live entertainment venues, including 44 amphitheaters in the U.S. and 28 venues in Europe. Each year, more than 62 million people attend approximately 26,000 events promoted and/or produced by the company, including: Live music events; Broadway, West End and touring theatrical shows; family entertainment shows; and specialized sports and motor sports shows.
In addition, Clear Channel Entertainment owns leading talent management businesses that specialize in the representation of athletes and broadcasters, including independently operated baseball, basketball and football businesses. Clear Channel Entertainment is headquartered in New York City