NEW BIR OWNERS PLAN TO KEEP WHEELS TURNING AT POPULAR MINNESOTA MOTORSPORTS COMPLEX

FOR IMMEDIATE RELEASE

NEW BIR OWNERS PLAN TO KEEP WHEELS TURNING AT POPULAR MINNESOTA
MOTORSPORTS COMPLEX

BRAINERD, Minn. -- Brainerd International Raceway, Minnesota's premier
motorsports facility and host of the Lucas Oil NHRA Nationals POWERade
Drag Racing Series event, has been sold to BIR Holdings LLC, held by Jed
and Kristi Copham of Forest Lake, Minn. The new owners plan to continue
the current drag racing programs and road course racing programs while
searching for new racing events for BIR's patrons and racing customers. 

The sale in no way affects the running of this year's 25th annual Lucas
Oil NHRA Nationals, scheduled for Aug. 10-13.

The 600-acre facility, long held by Sports Resorts International Inc., a
Michigan-based company, will be known as Brainerd International Raceway
and Resort.

"As amateur road racers and occasional drag racers, my family and I are
excited about the purchase of BIR," said Jed Copham. "Like many around
the state of Minnesota and the Midwest, our family has been coming to
BIR for years as participants and spectators. The opportunity for our
company to purchase this facility and continue its legacy is a welcomed
challenge we look forward to for many years to come. My transition team
is eager to continue the work that has taken place in this wonderful
facility and we especially look forward to developing new relationships
within the Brainerd area and all throughout the motorsports community".

"We want to welcome Mr. and Mrs. Copham into the NHRA family and look
forward to working with them and the entire staff at Brainerd
International Raceway for years to come," said Peter Clifford, Executive
Vice President and General Manager, NHRA. "Given their personal
involvement in racing, we are confident that as owners of the facility,
they will make sure the needs of both the fans and the racing community
are met and will be a great asset to the Brainerd community."

Sports Resorts CEO Donald J. Williamson, the mayor of Flint, Mich.,
cited his need to focus on his community and his wife Patsy Lou's bid
for a seat in the state senate as reasons for the sale.

"We have owned the Brainerd facility since 1994 and continued to invest
each year with numerous capital improvements," he said. "We feel this
has continued to make BIR a great destination for thousands of
motorsports fans and racers ... and sincerely wish the Cophams as much
fun and success as we have had. We would also like to thank the Brainerd
community for their support and continued well wishes for the new
owners."

Additional future plans for the new owners may include a revision of the
current road course configuration with a goal of separating the current
dragstrip from the track's main straightaway. As allowed, additional
configuration changes may allow a new but separate and shorter road
course design. 

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