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"Spin Experience" PR

WARNER/AVALON AND SPORTSCAR TO LAUNCH "SPIN EXPERIENCE" AT RACES FOR IMMEDIATE RELEASE Ed Nicholls - SportsCar (813) 877-4672 Sheila Anderson - Warner/Avalon (212)405-5209 NEW YORK, N.Y. (July 10, 1997) -- Officials from Warner/Avalon and...

WARNER/AVALON AND SPORTSCAR TO LAUNCH "SPIN EXPERIENCE" AT RACES

FOR IMMEDIATE RELEASE

Ed Nicholls - SportsCar (813) 877-4672 Sheila Anderson - Warner/Avalon (212)405-5209

NEW YORK, N.Y. (July 10, 1997) -- Officials from Warner/Avalon and Professional SportsCar Racing, Inc. (SportsCar) today announced they will be developing the "Spin Experience" music and lifestyle festivals in conjunction with the SportsCar schedule of races. The tour will consist of a music festival featuring artists from the family of Warner Music Group labels and will highlight America's love affair with the automobile. "We recognize the growth of racing and feel there is great opportunity with SportsCar," said Brian Murphy, managing partner of Warner/Avalon. "Just as country music has become synonymous with NASCAR, we feel there's a great tie-in opportunity with SportsCar. Certainly, everybody has a favorite convertible, top-down cruising song."

The Spin Experience is scheduled to begin during the 1998 SportsCar season and will feature many automobile and lifestyle exhibits in addition to the live concerts. SportsCar race fans can expect to see automobile manufacturer concept cars, new model introductions, driving simulators, go-karts, interactive displays and more at the Spin Experience.

"We want to create brand 'activation' -- a memory which links our sponsor's brands not only with an experience or feeling, in this case racing, the freedom and excitement associated with sports cars. You'll see much more brand activation in consumer marketing going forward into the 21st century," said Andrew Evans, chairman of International Motor Sports Group (IMSG), SportsCar's parent company. "In building our entertainment events, there is certainly no better partner than Warner Music Group and its family of companies."

Warner/Avalon is a joint venture between Warner Music Group's Warner Custom Music and Avalon Entertainment Group of Nashville. Warner/Avalon is an industry leader in the development and execution of some of the nation's most innovative and comprehensive music marketing initiatives. Warner Music Group, the world's leading entertainment company, is a division of Time Warner.

Warner/Avalon was the producer of this year's Mega Events at Texas Motor Speedway. The events included: Fruit of the Loom's CountryFest, which featured many of country music's top acts including Vince Gill, LeAnn Rimes, Hank Williams,Jr., Wynonna, Travis Tritt, The Charlie Daniels Band, Bryan White and Randy Travis; and Blockbuster's RockFest which featured America's hottest-selling artists, including Collective Soul, Bush, Jewel, Counting Crows, Paula Cole, No Doubt, The Wallflowers, and Matchbox 20. The combined attendance for both events reached more than 500,000.

IMSG is a privately owned company with interests in auto racing sanctioning bodies, event facilities and their respective marketing and management. Subsidiaries of IMSG include SportsCar, IMSG Properties, Team Scandia, Apex Communications, Mosport Park (Ontario, Canada) and Sebring International Raceway (Florida).

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Series PSR
Drivers Brian Murphy
Teams Williams