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AMSOIL INC. of Superior, Wis. has introduced a new addition to the Dominator line, adding SAE 60 Synthetic Racing Oil to its series of premium racing oils. Dominator SAE 60 Synthetic Racing Oil’s durable formulation is designed to provide maximum horsepower without sacrificing engine protection. The product is heavily fortified with zinc and phosphorus anti-wear additives to provide additional protection against scuffing and wear in severe racing conditions.

With a thrilling 2013 Nitro Jam season just around the corner the series is happy to announce that select events are on sale now just before the holiday season.

 

From Nitro Harley to Funny Car and everything in between, the 2013 Nitro Jam tour will feature all of your favorite nitro machines plus a lot more.

From the shores of Grand Bend to the mountains of Utah, the deserts of Arizona and everywhere in between, the 2012 IHRA Nitro Jam season was certainly one of the ages.

After an extremely successful debut Nitro Jam season in 2012, CarSafe is pleased to announce that it will expand its commitment to include the entire Nitro Jam series by once again partnering with the series as presenting sponsor of the 2013 Nitro Jam U.S. Tour.

CarSafe, based in Oklahoma City, Okla., partnered with Nitro Jam during the extremely successful Northern Nitro Jam at U.S. 131 Motorsports Park in August of 2012 and the partnership was an immediate hit. In front of a capacity crowd CarSafe was introduced to the unique Nitro Jam fan base and that relationship will continue in 2013 as CarSafe serves as presenting sponsor of Nitro Jam’s biggest U.S. events in Arizona, Texas, Florida, Michigan and Tennessee.

 “We have enjoyed a very successful relationship with IHRA and Nitro Jam over the past year. Nitro Jam’s commitment to fast, thrilling, family entertainment is unrivaled in the industry and they continue to impress us on all counts,” said Mark Eckman, CarSafe Owner. “Developing new customer relationships through motor sports is a goal of ours and CarSafe could not be in better hands. We look forward to continue working with Nitro Jam in 2013.”

CarSafe is an agency that provides Vehicle Breakdown Protection, or what most people know as “extended warranties.” With amazing benefits including roadside assistance, towing and rental cars, CarSafe’s Extended Vehicle Service Agreements help keep your car on the road and your wallet in your pocket.

Jupiter, Fla. (January 29, 2013) - IHRA Entertainment, LLC, a newly formed corporation held by the ownership group of Palm Beach International Raceway™ and Memphis International Raceway™, announced today its acquisition of the International Hot Rod Association® (IHRA), which was majority-owned by Feld Motor Sports®, a division of Feld Entertainment, Inc.  The new ownership group will immediately take over management of the 43 year old organization and operate as IHRA Motorsports™.

The acquisition includes 100 percent of the IHRA assets, including the sanctioning body, the Nitro Jam® series, the Thunder Jam® series, the Summit® Pro Am series, the Summit® Super Series program and Drag Review Magazine®.

The ownership group is led by managing partners, Michael Dezer of Dezer Properties and Joseph Lubeck of Landmark Apartment Trust of America, Inc., Edward Kobel of DeBartolo Development, and Jason Rittenberry, President & CEO of the parent company. In 2008, the group purchased the former Moroso Motorsports Park and have since invested over $30 million in the redevelopment of the multi-track venue in Jupiter, Florida.  In 2011, they acquired the former Memphis Motorsports Park from Dover Motorsports, Inc. (NYSE: DVD).

Rittenberry will serve as Chief Executive Officer of IHRA Motorsports, while Aaron Polburn will remain as President and General Manager, and Skooter Peaco will continue as Vice President of Race Operations. IHRA Motorsports will continue operations at their Norwalk, Ohio headquarters, and maintain the management team, sponsor partners and sanctioned track partners.

The 2013 IHRA schedule previously announced will remain in place with the Summit ® Racing Equipment World Finals for all IHRA categories being held at the Company’s Memphis International Raceway ™. Several events will be added to the Nitro Jam® schedule, including a return to the Company’s Palm Beach International Raceway™.

“Today is a landmark day for our Company, the ownership group and the IHRA,” said Jason Rittenberry, CEO of IHRA Entertainment.  “IHRA has shown that their entertainment business model is viable and the company can grow.  We want to build on the foundation that IHRA has built over the past 40 years and provide the structure and resources it needs to be successful long term in this new motorsports environment.”

“This is a very exciting time for IHRA. We now have a team whose total focus is on IHRA, Nitro Jam ® and Thunder Jam ® ,” said Aaron Polburn, President & General Manager of IHRA Motorsports. “These are incredibly successful guys who will bring a unique vision along with the resources to grow all facets of our business. They are also “car guys” who have a passion for all forms of motorsports.  That is a combination that will serve us well in the coming years. This is a great time to be an IHRA fan, racer, sponsor or member track.”

“Our business has evolved to focus more on other Feld Motor Sports productions like Monster Jam ® and Nuclear Cowboyz ® , so we are pleased that IHRA’s new owners will be able to expand its offerings and maintain the high event quality for which the brand is known,” said Charlie Mancuso, President of Feld Motor Sports.

IHRA Motorsports currently sanctions over 100 drag racing venues in six divisions throughout the United States and Canada and has over 12,000 racer members.  They promote two national series - Nitro Jam ® and Thunder Jam ® .  The Company also owns and publishes Drag Review Magazine ® , a monthly full color magazine covering the IHRA events, racers, partners and tracks.   

For the acquisition of IHRA Motorsports, Murray D. Schwartz, Esq. served as outside legal counsel for IHRA Entertainment, LLC and Michael F. Rogers, Esq., Gardere Wynne Sewell, LLP served as outside legal counsel to Feld Entertainment, Inc.  Foros Group acted as financial advisor to Feld Entertainment, Inc.

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About ADMG Investment Partners:

ADMG is the parent Company of multiple motorsports and entertainment properties. The Company’s showcase facility is the state-of-the-art Palm Beach International Raceway (PBIR) and the premier high performance private membership club, the Palm Beach Driving Club in Jupiter, Fla. In 2011 the Company also acquired Memphis International Raceway (MIR) in Memphis, Tenn. from Dover Motorsports, Inc. (NYSE: DVD).  The ownership group is comprised of highly successful corporate and real estate investors, whom are all automotive and racing enthusiasts.  The Company operates over 800 motorsports, entertainment and corporate events annually at its venues and hosts over 1.5 million guests each year.  For more information on the Company, please visit the venue’s websites at www.RacePBIR.com, www.RaceMIR.com or www.PalmBeachDrivingClub.com.


Nitro Jam returns to the desert March 23 at Southwestern International Raceway

Jupiter, Fla. (January 29, 2013) - IHRA Entertainment, LLC, a newly formed corporation held by the ownership group of Palm Beach International Raceway™ and Memphis International Raceway™, announced today its acquisition of the International Hot Rod Association® (IHRA), which was majority-owned by Feld Motor Sports®, a division of Feld Entertainment, Inc.  The new ownership group will immediately take over management of the 43 year old organization and operate as IHRA Motorsports™.

 

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