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IMSG forms stockcar series

IMSG TO FORM NEW STOCKCAR ROAD RACING SERIES 2 July, 1997 TAMPA, Fla. (July 2, 1997) -- International Motor Sports Group (IMSG) today announced the formation of the United States Road Racing StockCar Championship which will provide a ...

IMSG TO FORM NEW STOCKCAR ROAD RACING SERIES

2 July, 1997

TAMPA, Fla. (July 2, 1997) -- International Motor Sports Group (IMSG) today announced the formation of the United States Road Racing StockCar Championship which will provide a highly-visible arena for SportsCar competitors who prefer tube-frame (StockCar) type construction over the unibody (GT) style that has recently become so popular. "This is the next step in a five-year plan to restructure professional road racing in North America," said Andrew Evans, Chief Executive Officer and Chairman of IMSG.

"All of our market research indicates that a large majority of motorsport fans prefer evenly matched, single class racing," said Kurtis Eide, President of IMSG Properties. Additionally, television sports networks prefer a two-hour format including pace lap, green flag, checkered flag and winner's interview for both live and live-to-tape programming.

IMSG will add a StockCar Commission to its recently-formed GT and SportsCar Commissions in North America. The Commission will oversee the technical and sporting regulations for the new group of road racing StockCars. "The first two members to be named to this group are Dave Watson, who will also serve as the Brand Manager for the new series, and Mike Lozano of Lozano Brothers Racing Engines," said Doug Robinson, Vice President of Race Operations.

The new United States Road Racing StockCar Championship will have 10-12 races in 1998, with $2,000,000 in appearance plan money and a per race purse of more than $50,000. Teams which have previously competed in series like GTS-1, Trans-Am, ARCA and ASA should find this series to be very attractive.

The concept of running this type race in combination with World SportsCar and GT SportsCar race weekends has been successful with record crowds at Lime Rock Park for the past two years. Mosport Park and Pikes Peak International Raceway will host combined events this season. Many other promoters have expressed interest for 1998.

New regulations will emphasize three-year rules stability leading to specifications that will enable new race cars to be constructed for under $100,000, with engines under $30,000. Annual racing budgets for front running cars should be less than $500,000.

-- ************************************************************************ JT Tunnicliff E-Mail: sjt3@stny.lrun.com Watkins - Montour Lions Page: http://www.lightlink.com/sjt3/lions JT's Page: http://www.lightlink.com/sjt3/JT Tunnicliff Family: http://www.lightlink.com/sjt3/Family ************************************************************************

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Series PSR , Stock car