NASCAR Holdings Announces Plan to Acquire Grand-Am

DAYTONA BEACH, Fla. Sept. 4, 2008 – NASCAR Holdings today announced an agreement to acquire the Grand-American Road Racing Association (Grand-Am). The future move will allow for resource sharing between Grand-Am and NASCAR while both organizations continue to operate independently. NASCAR Holdings is the legal operating entity that includes the National Association for Stock Car Auto Racing (NASCAR) and many of its subsidiaries.