Automobile Club of Southern California to Sponsor NASCAR Busch Series Race at California Speedway
10 February 1999
Automobile Club of Southern California to Sponsor NASCAR Busch Series Race at California SpeedwayFONTANA, Calif., Feb. 9 -- California Speedway, a subsidiary of Penske Motorsports, Inc. (PMI) , and the Automobile Club of Southern California today announced a five-year agreement naming the Auto Club title sponsor of the Auto Club 300, according to Scott Atherton, president and general manager, California Speedway, and Thomas V. McKernan Jr., president and CEO, Automobile Club of Southern California. The Auto Club 300, a NASCAR Busch Series Grand National Division race, is scheduled for Saturday, May 1 with an 11:30 a.m. (PDT) start televised live by ABC to a national audience. "California Speedway is the premier motorsports facility in the country and NASCAR is the pacesetter in terms of marketing influence, media visibility, fan attendance, and popularity on the American motorsports scene," commented McKernan. "The Auto Club 300 offers us the perfect venue in which to increase our name awareness and showcase our products and services to the general public while enhancing our relationship with our members. It's a win-win situation and we are looking forward to the next five years of growth and opportunity." The Auto Club will be part of the track's California 500 presented by NAPA weekend that will also feature a NASCAR Winston Cup and Winston West race. The Club previously sponsored the Winston West race (a 200-mile contest) in 1997-98. "The Automobile Club of Southern California has been a very important partner in the growth of the California Speedway," said Atherton. "This new agreement strengthens the relationship we have developed over the years and we look forward to offering many exciting marketing opportunities to Auto Club members as well as the thousands of guests visiting California Speedway." In addition to its NASCAR race sponsorship, the Auto Club's involvement at California Speedway includes offering discount ticket packages and merchandise to Club members, providing emergency road service for all spectators, sponsorship of the track's fleet of on-track tow vehicles, spectator trams and people movers, track signage and hospitality for employees and business partners. Tickets to the Auto Club 300, and all other 1999 events are available by calling the California Speedway ticket office at 800-944-7223. Founded in 1900, the Automobile Club of Southern California is the nation's largest AAA affiliate -- a multiple benefit organization providing a selection of quality automotive, financial, insurance and travel services to its almost five million members. The Auto Club enjoys a rich motorsports heritage dating back to the early 1900s when it sanctioned and promoted track and endurance races. Although the organization stopped sanctioning races many years ago to focus on member services, for decades it has worked closely with manufacturers, mechanics, and state agencies to improve vehicle technology and safety. The Club has also encouraged thousands of young men and women to pursue automotive careers through its sponsorship of career fairs, automotive skill contests and teen road rallies. Penske Motorsports, Inc. (PMI) is a leading promoter and marketer of professional motorsports in the United States. PMI owns and operates the following facilities through its wholly-owned subsidiaries: Michigan Speedway in Brooklyn, Michigan; Nazareth Speedway in Nazareth, Pennsylvania; California Speedway in San Bernardino County, California; and North Carolina Speedway near Rockingham, North Carolina. PMI also holds a 45% interest in Homestead-Miami Speedway, LLC, near Miami, Florida. In addition, PMI produces and markets motorsports-related merchandise and accessories such as apparel, souvenirs and collectibles through its subsidiary, Motorsports International Corp.; and a subsidiary of PMI distributes and sells Goodyear brand racing tires in the Midwest and Southeast regions of the United States. Penske Motorsports' major shareholder is a majority-owned subsidiary of Penske Corporation, a closely-held, diversified transportation services company which conducts its business through a number of wholly- or partially-owned companies, including Penske Truck Leasing Company, Detroit Diesel Corporation, Diesel Technology Company, Penske Automotive Group, Inc., Penske Auto Centers, Inc., and Penske Capital Partners. The Penske group of businesses has annual revenues exceeding $6 billion and employs more than 28,000 around the world.