The Circuit at Grand Bayou Acquires Existing Road Racing Course and Land; Opens Only Motorsports Resort In Gulf South

NEW ORLEANS, Sept. 2 -- The Circuit at Grand Bayou, Inc. today announced the purchase of an existing 1.8 mile road race course circuit and more than 100 acres of land from Belle Rose, LA-based No Problem Raceway Park, LLC. The course, which is located near Donaldsonville, LA, is only 60 minutes from New Orleans and 40 minutes from Baton Rouge.

With the completion of the purchase, The Circuit at Grand Bayou opened the only motorsports resort in the Gulf South. The new resort with the existing 1.8 mile road racing course will have one of the finest racing schools in the U.S. and offer individual club memberships, arrive-and-drive programs, corporate events, special events and more.

For those more interested in being a spectator, The Circuit at Grand Bayou will also be home to the Gulf States Championship Racing Series, which includes nine events that run between September and May each year, the first of which will be on October 9. In addition, a large number of other motorsports events have been scheduled over the next 12 months including the first of several Porsche Club of America events starting on September 26.

Kent Broussard, president of The Circuit at Grand Bayou, said, "We have been working on this project for a year, and now our members have a place to come and enjoy the benefits of the only motorsports resort and road racing club in the Gulf South region. This is a win-win situation for our resort, its members and No Problem Raceway."

The resort is currently hosting daily activities for its members and their guests including daily access to the 1.8-mile road racing course, driving school classes, covered garages, and weekend side-by-side racing events. The resort has also begun preparing the site for the construction of a clubhouse, condominiums, and a new road racing track to replace the existing track.

Pat Joffrion, president of No Problem Raceway, said that the transfer of its road racing activities will allow his company to concentrate entirely on its drag racing operations and concert promotions. "We are nearing completion of our new outdoor concert stage that will bring major performing acts to south Louisiana," said Joffrion. "We are expanding our drag racing facilities and are working closely with Mr. Broussard and the Assumption Area Chamber of Commerce to continue developing the Belle Rose area for motorsports enthusiasts and their fans."

About No Problem Raceway

No Problem Raceway is the premier drag racing venue in Louisiana, attracting competitors from across North America. The largest National Hot Rod Association (NHRA) event in 2009 was held in March, with over 500 drivers participating. SPEED-TV produced an episode of their popular PINKS ALL-OUT in February, attracting over 18,000 spectators.

About The Circuit at Grand Bayou

The Circuit at Grand Bayou racing club promises to be the South's newest and most exciting road racing facility. When fully built, it will include a 2.5 mile state-of-the-art road racing course, a full-service clubhouse with spa, locker rooms, restaurant/lounge, private offices and viewing decks, garages and condo homes. For those interested in membership or other information, please contact Kent Broussard at kent@circuitgrandbayou.com or visit The Circuit at Grand Bayou website at www.circuitgrandbayou.com.