PSR

Lyon joins IMSG as vice president

LYON JOINS IMSG AS VICE PRESIDENT, LEGAL AND RISK MANAGEMENT 21 August, 1997 TAMPA, Fla. (August 21, 1997) -- Officials from International Motor Sports Group (IMSG) today announced that Peter Lyon has joined the organization as Vice...

LYON JOINS IMSG AS VICE PRESIDENT, LEGAL AND RISK MANAGEMENT

21 August, 1997

TAMPA, Fla. (August 21, 1997) -- Officials from International Motor Sports Group (IMSG) today announced that Peter Lyon has joined the organization as Vice President, Legal and Risk Management. In that capacity, Lyon will manage all insurance programs and the provision of corporate legal services for IMSG and its affiliates.

"As IMSG continues to grow, our risk management and corporate legal needs are growing concurrently," said Andrew Evans, Chairman of IMSG. "Peter's extensive experience and knowledge of legal and risk management affairs in the motorsports industry make him the ideal person for the task."

"I am enthusiastic about the direction that IMSG is heading and impressed with the management team that has been assembled," said Lyon. "I look forward to great things for the organization and hope that I can contribute to our success."

Lyon joins IMSG after five years as General Counsel/Insurance Manager for the SCCA, where he also oversaw the SCCA Pro Racing Court of Appeals. Prior to joining the SCCA, Lyon practiced law and served as an insurance claims representative.

Born and raised in Clinton, Iowa, Lyon received his bachelor's degree in insurance and management from the University of Iowa in 1980, then earned his law degree from the University of Colorado in 1985.

IMSG is a private company owned and operated by a group of investors led by Seattle-based investment banker Andrew Evans. IMSG has interests in auto racing sanctioning bodies, event facilities and race teams, as well as their respective marketing, merchandising and licensing operations. Subsidiaries of IMSG include Professional SportsCar Racing, historic Sebring International Raceway, Canada's Mosport Park, and Team Scandia, which fields a three-car team in the Indy Racing League, a National Hot Rod Association Top Fuel team, and is a partner in the Scandia/Bodine Racing NASCAR Winston Cup team.

FOR IMMEDIATE RELEASE Contact: Ed Nicholls (813) 877-4672

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Series PSR
Drivers Peter Lyon