Speedway Motorsports statement on 2009 schedule

Statements on 2009 IndyCar Series Schedule CONCORD, N.C. (July 29, 2008) - A statement from Speedway Motorsports President and Chief Operating Officer Marcus Smith regarding the 2009 IndyCar Series schedule follows: "We are very pleased...

Statements on 2009 IndyCar Series Schedule

CONCORD, N.C. (July 29, 2008) - A statement from Speedway Motorsports President and Chief Operating Officer Marcus Smith regarding the 2009 IndyCar Series schedule follows:

"We are very pleased that Texas Motor Speedway and Infineon Raceway will be returning to the lineup of tracks hosting IndyCar Series events in 2009. Both tracks enjoy prestigious status in open-wheel racing. Texas annually welcomes the second-largest crowd on the circuit and Infineon is the mid-season must-see event for IndyCar sponsors.

"However, we are disappointed that the Indy Racing League chose not to add dates for Las Vegas Motor Speedway and New Hampshire Motor Speedway. Those two first-class facilities would have been excellent additions for the league and race fans next year."

Texas Motor Speedway President Eddie Gossage, who handled negotiations with the Indy Racing League on behalf of Speedway Motorsports, added:

"The IndyCar Series came to SMI and expressed interest in running at Las Vegas, but only on the road course outside of the speedway oval. With the multi-million dollar improvements we've made recently on the oval and the infield, we felt this was the best place to showcase the drivers and teams and to put on the best show for the fans. The outer road course is more suited for club racing events.

"As for New Hampshire, we wanted to return open-wheel racing to the New England market. With the substantial upgrades we've planned for that track and the opportunity for the IRL to get a footprint in a top-10 market such as Boston, we thought the time was right for New Englanders to again enjoy IndyCar as well as NASCAR. However, the IRL made it clear that New Hampshire was not in its business plans moving forward."

About Speedway Motorsports, Inc.

Speedway Motorsports is a leading marketer and promoter of motorsports entertainment in the United States. The Company owns and operates the following premier facilities: Atlanta Motor Speedway, Bristol Motor Speedway, Infineon Raceway, Las Vegas Motor Speedway, Lowe's Motor Speedway, New Hampshire Motor Speedway and Texas Motor Speedway. The Company provides souvenir merchandising services through its SMI Properties subsidiaries; manufactures and distributes smaller-scale, modified racing cars and parts through its 600 Racing subsidiary; and produces and broadcasts syndicated motorsports programming to radio stations nationwide through its Performance Racing Network subsidiary. The Company also equally-owns Motorsports Authentics, a joint venture formed with International Speedway Corporation to produce, market and sell licensed motorsports merchandise. For more information, visit the Company's website at www.speedwaymotorsports.com.

-credit: smi

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