First Tennessee Renews Partnership as the Official Financial Services Provider of Bristol Motor Speedway and Dragway

    TRI-CITIES, Tenn.--June 4, 2003--The checkered flag will not wave for First Tennessee when a three-year relationship as the Official Financial Provider of Bristol Motor Speedway and Bristol Dragway comes to a close at the end of 2003. Instead, First Tennessee announced today that it is proudly extending the partnership for the next five years.
    "The partnership between First Tennessee and BMS is a natural fit," said Newt Raff, president of First Tennessee for Northeast Tennessee. "When you create a partnership between the speedway dubbed as 'fans' favorite track' and the most successful financial services institution across the state of Tennessee, you develop a win-win situation for everyone, including the NASCAR fans."
    In 2000, First Tennessee signed on with the Speedway and Dragway to become the Official Financial Services Provider for the venues. "The last three years have witnessed the building of a truly solid business relationship between First Tennessee and Bristol Motor Speedway and Dragway," said Jeff Byrd, BMS president and general manager. "We are tremendously excited in knowing that we will be working together for the future of both companies, the sport of racing, and for the fans and people of the communities across the state."
    First Tennessee also will partner with Jasper Engines and Transmissions to sponsor the #77 Jasper Engines Ford Taurus to be driven by Dave Blaney at the sold-out Sharpie 500 at Bristol Motor Speedway on Aug. 23, 2003. To celebrate these partnerships, First Tennessee will offer fans the chance to win the "Ultimate Bristol Experience" via a special sweepstakes in July. A full-size replica of the #77 First Tennessee Ford Taurus will make appearances this summer at more than 200 First Tennessee financial centers across the state.

    About First Tennessee

    The First Tennessee National Corp. family of companies provides financial services to individual and business customers through First Tennessee Bank, which has earned one of the highest customer retention rates of any bank in the country; First Horizon Home Loans, which earned a top-five ranking in customer satisfaction from J.D. Power and Associates.; FTN Financial, one of the nation's top underwriters of U.S. government agency securities; and First Horizon Merchant Services, one of the most successful processors of credit card payments for the travel industry. More than 10,000 FTN employees provide financial services through hundreds of offices located in more than 30 states. FTN companies have been recognized as some of the nation's best employers by Working Mother, Business Week and Fortune magazines. FTN also was named one of the nation's 100 best corporate citizens by Business Ethics magazine. More information can be found at www.FirstTennessee.com.

    About Bristol Motor Speedway And Dragway

    Bristol Motor Speedway and Dragway are subsidiaries of Speedway Motorsports, Inc. Speedway Motorsports is a leading marketer and promoter of motorsports entertainment in the United States. The company owns and operates the following premiere speedways: Atlanta Motor Speedway, Bristol Motor Speedway, Infineon Raceway, Las Vegas Motor Speedway, Lowe's Motor Speedway and Texas Motor Speedway. The company provides souvenir merchandising services through its SMI Properties subsidiary, and manufactures and distributes smaller-scale, modified racing cars through its 600 Racing subsidiary. The company also owns Performance Racing Network (PRN), which broadcasts syndicated motorsports programming to more than 725 stations nationwide including XM Satellite and NASCAR.com. For more information, visit the company's website at www.gospeedway.com.