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International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) ("ISC") today announced that it has entered into an agreement to acquire the assets of Racing Electronics.
Racing Electronics is known worldwide as a leader in motorsports communications technology and equipment for motorsports drivers, teams, series, venues, and fans, as well as the exclusive provider of FanVision technology to NASCAR and NHRA. Racing Electronics is also the Official Two-Way Radio and Race Communications Provider of 14 major sanctioning bodies including ARCA, IndyCar, NHRA, World Racing Group and USAC.
"Our companies share a team-driven culture consumed with developing new ways to enhance the fan experience," stated Chris Schwartz, ISC Managing Director, Broadcast and Integrated Marketing and VP, Motor Racing Network. "We see the Racing Electronics team continuing to play a key role as we expand our industry footprint."
Racing Electronics' signature products including LEGEND and FanVision, along with scanners, headphones and intercom systems, amplify fan engagement, bringing them closer to the racing action. Fans can connect with their favorite drivers and become immersed in major national motorsports events including NASCAR, NHRA, IndyCar and World Racing Group.
Beginning January 1, 2019, ISC will assume operation of Racing Electronics. Leadership and nearly 70 full-time employees will remain intact with Racing Electronics President of Motorsports Chad Willis continuing in his role and reporting to Schwartz. Racing Electronics will maintain its manufacturing and business operations from its Concord, NC headquarters.
"We couldn't be happier to join ISC as we celebrate Racing Electronics' 30th year," stated Willis. "ISC's recent redevelopment projects at Daytona International Speedway, Richmond Raceway and ISM Raceway, demonstrate its ability to transform the race day experience for fans. We are excited to become part of this progressive Company."
Hailie Deegan’s rookie season in the NASCAR K&N Pro Series West could best be summed up as “mission accomplished.”
Deegan just wrapped up her first season driving the Bill McAnally Racing No. 19 Mobil 1/NAPA Power Premium Plus Toyota Camry in the West division of NASCAR’s top developmental series.
The 17-year-old from Temecula, California had a history-making season – becoming the first female driver to win a NASCAR K&N Pro Series race and first woman to win a pole award in the series. She also became the first woman to win the Sunoco Rookie of the Year Award in the NASCAR K&N Pro Series.
“This year has pretty much been a dream season for me,” said Deegan, a member of the NASCAR Next program, which spotlights NASCAR’s rising stars. “Everything that I wanted to accomplish, we accomplished.
“It’s been a really good learning year for me,” she said. “Everyone surrounding me, we’ve had tons of positive people and tons of positive results. This year was definitely a successful year.”
Deegan capped her season off by clinching the rookie title in the final race of the year at Kern County Raceway Park on Saturday.
“We ended up winning the Rookie of the Year, which is pretty cool,” she said. “It was kind of like my last goal for the year.”
In addition to taking the rookie award, Deegan finished fifth in the overall championship standings. She had one win, two poles, five top-five finishes, and 12 top-10 finishes in 14 races.
“It’s been exciting to watch Hailie’s development in the NASCAR K&N Series this year,” said team owner Bill McAnally. “She made a big step in graduating to this series, but she demonstrated that she was ready for it. It’s been great to see her succeed.”
Deegan started off the season with top-10 finishes in the first three races. She stepped things up in the next two races, with back-to-back top-five finishes at Southern California’s Orange Show Speedway and Colorado National Speedway, just north of Denver.
She led the contingent of BMR drivers with a seventh-place finish on the road course at California’s Sonoma Raceway and then scored her first podium finish, coming home in the runner-up spot at Douglas County Speedway in Roseburg, Oregon.
Deegan’s only subpar finishes of the season were the result of contact in the two NASCAR K&N Pro Series East-West combination races – at Iowa Speedway and at Gateway Motorsports Park. Sandwiched between the two combo events, she had a seventh-place finish at Evergreen Speedway in Monroe, Washington. She captured the spotlight as the K&N West raced at the Dirt Track at Las Vegas Motor Speedway, where she won the pole award and finished second.
Deegan grabbed even bigger headlines at the next event at Idaho’s Meridian Speedway, using a bump-and-run move on the last lap to win the race. She followed that up with a seventh-place finish at All American Speedway in Roseville, California.
Deegan garnered her second pole award in the season finale at KCRP near Bakersfield, California and went on to finish sixth, after contact from another car in the final laps.
In addition to racing the full schedule of 14 K&N West events this year, Deegan also competed in four races in the NASCAR K&N Pro Series East – racing at New Smyrna, Bristol, Memphis, and New Hampshire.
Deegan, the daughter of legendary X-Games athlete Brian Deegan, won multiple championships in off-road racing – where she began her racing career at the age of 8. She transitioned to stock cars, racing in late models before making her debut this year in the NASCAR K&N Pro Series.
Artist Dausch Pledges Donation to IMS Museum Restoration Project Via Sale of Gurney-Clark Lotus Painting30 Oct 2018 Written by Steven B. Wilson
On October 27th, 2018, Sunoco succeeded in its attempt to prove that its new app is the fastest way for consumers to fill their vehicle’s tanks and pay for fuel. The team set an Official New GUINNESS WORLD RECORDS™ title for most vehicles refueled in one hour - a grand total of 148 vehicles. The record-setting feat took place during a NASCAR-inspired event complete with a NASCAR pit crew fuel man, pace car, spotters, and Lap Counter Board.
“We’re thrilled to have set a new GUINNESS WORLD RECORDS™ title to prove that our new Sunoco app is the fastest way to fuel,” said Sandy Deiters, Senior Marketing Director at Sunoco LP. “The app is free to use and customers can just tap, pump and go – there’s minimal waiting and plenty of additional benefits like digital receipts and location-specific offers. The app makes life easier for the people fueling up their cars, and it also helps our partners like the owner of this station to offer unique specials at their locations too.”
At 12:01pm, a string of vehicles began lining up at 12 designated pumps at Sunoco (134-45 Cross Bay Blvd) in Jamaica, Queens, New York, looking to score a free tank of gas and to be a part of Sunoco history. At 12:15, John Gianninoto, No. 9 Team NASCAR pit crew member, and brand ambassadors (spotters) took their places near each of the 12 pumps and prepared for the 60 second countdown beginning at 12:59pm.
At 1:00pm, the official one hour countdown clock was initiated and each spotter prompted the Sunoco app for payment. The official pumper, John Gianninoto, raced to beat the clock as each spotter waived a green flag when a vehicle at their designated pump was ready to be filled. Once the tank was filled, the spotters waived a checkered flag, signaling for John to close the pump and cueing for the next vehicle to drive up. In order to qualify as a fill-up, at least half a tank of gas was pumped for each car. At 2:00pm, an air horn signaled the end of the event.
Afterwards, an official Guinness World Records Adjudicator presented Sunoco and John Gianninoto with a GUINNESS WORLD RECORDS™ title for “Most Vehicles Refueled in One Hour.”
The Sunoco mobile app, currently available for iOS and Android is OFFICIALLY the fastest way for consumers to fuel and pay for fuel. The app enables customers to Tap, Pump and Go with minimal waiting and other additional benefits such as digital receipts and location-specific offers. The app is now available to use at thousands of locations throughout the United States with more coming on every day. Users can search for a location, link participating grocery rewards, favorite locations, and view available offers and promos at nearby stores.
Widely considered to be one of the brightest stars in motorsports, three-time Indianapolis 500 Champion Helio Castroneves has joined to become one of the forty Founding Members of The Concours Club, the world's premiere invitation-only automotive country club. Accepting his invite as a Founding Member of the club, Castroneves' stamp of approval solidifies the club's reputation as a haven for professionals, enthusiasts and collectors alike to celebrate and collaborate within a carefully curated environment. The Concours Club is located within Miami's Opa-Locka Executive Airport and offers a resort setting to its members that include driving circuits, training and storage opportunities, as well as all of the amenities of a five-star resort.
"As a professional racer, I've always envisioned a place where racing, collecting and luxury intersect in the right environment," said Castroneves. "This dream is finally a reality with the arrival of The Concours Club and I am thrilled and honored to become a Founding Member of this prestigious club."
Sure to lend appeal to both domestic and international members with his professional record, Castroneves is also very well known locally, as the Brazilian driving star has called Miami his home for many years. While Helio is currently in his 19th professional season racing for Roger Penske's legendary team, his accomplishments are unmatched. From his success at Indianapolis to his win on the hugely popular ABC competition "Dancing with the Stars," Castroneves is a perfect fit as a Founding Member of the club.
"Our founding membership has been carefully selected to reflect what we regard as the cornerstone and ethos of our club for many years to come," said Neil Gehani managing partner of The Concours Club. "We are elated that Helio has joined our exclusive membership group of forty founders and know he will bring many years of wisdom and expertise to the club. We proudly welcome him to the family," said Gehani.
THE CONCOURS CLUB broke ground in 2017 and has already established itself as the ultimate "arrive and drive" experience within minutes of Miami's major touchpoints. Located within Miami's Opa-Locka Executive Airport, the club boasts multiple driving circuits within a community of highly trained and like-minded members and colleagues, bound by a common affinity for automotive competition, collaboration and appreciation.
The Concours Club PR
Schmidt Peterson Motorsports announced today that Marcus Ericsson will pilot the No. 7 Honda for the 2019 IndyCar Series season. The current Alfa Romeo Sauber F1 Team driver will make the move to the North American open-wheel racing series following the conclusion of Formula One’s season later this year in Abu Dhabi.
The Kumla, Sweden native is a two-time champion (Formula BMW UK, 2007; Japanese Formula Three, 2009), and has twice claimed the Swedish Junior Racer of the Year award (2007, 2009). Ericsson also previously competed in British Formula Three, GP2 Asia, GP2 and currently has 95 starts in Formula One.
"It's a great honour to be picked as one of the drivers at Schmidt Peterson Motorsports and IndyCar for the 2019 season,” the Swedish racing driver commented. “It feels like a perfect step for me and my career after five years in F1. I can't wait to start work with SPM and all the people in the team which I've heard a lot of good things about. They've had some great success over the years, and I'm looking forward to work hard to continue and improve on that path. The racing in IndyCar looks great and I feel really excited to be part of it in the future. It will be a lot to learn including new tracks, oval racing, etc. I know it won't be easy, but it's a challenge I'm very much looking forward to and I can't wait to get started."
While the No. 7 Honda will be his primary focus, the 28-year-old will remain on Alfa Romeo Sauber F1 Team’s lineup as reserve driver for its F1 program due to his strong relationship with the team and its partners. Ericsson most recently finished ninth in the Mexican Grand Prix in Mexico City.
“Ric (Peterson) and I are excited to welcome Marcus to the team,” said SPM co-owner Sam Schmidt. “He has a ton of experience racing in the top levels of motorsports, so we believe that he will be able to contribute to our development program that began in earnest in 2018. While the circuits on the IndyCar schedule will be brand new to him, particularly the ovals, we have a lot of confidence and trust in his eagerness to learn along with his work ethic. We think he and James (Hinchcliffe) will be a good fit to push one another and fight for those wins.”
Ericsson joins series veteran James Hinchcliffe who will continue his appointment in the No. 5 Arrow Electronics Honda, while Briton Jack Harvey will maintain his part-time ride through the collaboration with Meyer Shank Racing. The No. 6 Honda remains open for 2018 IndyCar Series and Indianapolis 500 Rookie of the Year Robert Wickens when he wants to and is able to return.
Keep up with the latest news from SPM and its driver lineup via Twitter, Facebook and Instagram at @SPMindycar, @Hinchtown, @RobertWickens, @Ericsson_Marcus and @jack_harvey42.
Joey Logano and the No. 22 Shell-Pennzoil Ford Fusion team capped an action-packed race with a nail-biting win at the First Data 500 Monster Energy NASCAR Cup Series race at Martinsville Speedway on Sunday. Powered by Shell technology under the hood, Logano held off a tough field of competitors, and scored his first win at Martinsville, ensuring a berth in the Championship Four at Homestead-Miami Speedway.
"That was just a hard, great race," said Logano after the win. "It was NASCAR racing at its finest, and it feels really great to know we're taking our Number 22 Shell-Pennzoil Ford to Homestead. This was definitely a team effort and I'm excited that we were able to make it happen and keep advancing in the series."
Logano and Team Penske continue to run at the top of the charts. This win at Martinsville Speedway brings the total wins for Logano and the Number 22 team to 18 Monster Energy NASCAR Cup Series wins together.
"We are thrilled for Joey and the team," said Vatsal Shah, General Manager of Lubricants Technology for Pennzoil. "We're proud that the special formulation of Pennzoil racing oil that Logano uses in the No. 22 Shell-Pennzoil Ford Fusion was part of the success story at the First Data 500. Throughout the year, Shell scientists work hand-in-hand with Team Penske to optimize the Pennzoil racing oil that is critical to maximizing performance and engine reliability throughout the race. We are developing the next generation of high quality products for customers, and the knowledge gained through our work at the track is enabling us to do just that!"
The Pennzoil race oil in the No. 22 car is formulated using Pennzoil PurePlus® Technology, a revolutionary process which converts pure natural gas into high quality full synthetic base oil. In addition to blending a unique formulation for the Ford engine from week to week, Shell scientists also tailor high performance lubricants for the Team Penske gearbox.
"We really couldn't do what we do, including winning here at Martinsville Speedway and moving on to Homestead, without the relationship we have with the scientists and everyone at Shell," said Travis Geisler, Director of Competition at Team Penske. "When we ask to get something out of the motor oil that we put in our engines each and every week, they do whatever it takes to give us optimum performance, efficiency and reliability. It is that unique relationship that goes just beyond having their name on the side of our car that makes what we do possible."
Logano's win at the First Data 500 brings Team Penske a total combined 502 wins, 576 pole positions and 32 national championships. Beginning as Roger Penske Racing in 1966, competing in sports car and endurance events, Team Penske has grown into one of the most successful racing teams – and sports teams - in the world with nearly 100 drivers turning a lap in competition for Team Penske.
For more information about the Shell-Pennzoil sponsorship, visit www.shell.us/racing. For more information about Pennzoil motor oil formulations, visit www.Pennzoil.com. For more information about Team Penske, visit www.teampenske.com.
Shell Pennzoil PR
Sentinel Capital Partners ("Sentinel"), a private equity firm that invests in promising companies in the lower midmarket, today announced the acquisition of Holley Performance Products ("Holley"), a market leader in branded performance products for automotive enthusiasts. Sentinel acquired Holley from Lincolnshire Management, Inc. and will combine Holley with Driven Performance Brands ("Driven"), a platform acquired by Sentinel in 2015. Terms of the deal were not disclosed.
Holley markets and manufactures a wide range of branded high-performance products including fuel injection systems, engine tuning and ignition solutions, carburetors, and exhaust systems. Holley's portfolio includes leading brands such as Holley, Sniper EFI, MSD, Accel, Diablosport, Superchips, Edge, and Hooker Blackheart, each with its own identity that allows the company to target specific consumers across the late-model, classic, truck and jeep, and racing vehicle sub-segments. Utilizing direct feedback from consumers to guide the focus of its powerful engineering division, Holley has had a consistent commitment to leading-edge R&D and to introducing innovative new products. Headquartered in Bowling Green, Kentucky, Holley has been in operation for 115 years.
Driven develops, manufactures, and distributes high-performance automotive aftermarket products for a wide range of vehicles including late-model European imports, classic muscle cars, and trucks. Driven's products include mufflers, exhaust kits, shifters, transmission kits, torque converters, and electronic tuning solutions. Driven goes to market under five highly regarded and well-established brands: Flowmaster, B&M, Hurst, APR, and Dinan. Like Holley, Driven has a deep commitment to product development and innovation. Driven is headquartered in Santa Rosa, California and its brands date back more than 65 years.
"Holley is a strong, consumer-focused company with a portfolio of powerful brands and a meaningful edge in engineering and technology," said Jim Coady, a partner at Sentinel. "Holley operates in the large, highly-fragmented, and steadily growing automotive enthusiast market. Led by a deeply-involved and experienced management team, Holley has a proven ability to integrate add-on businesses successfully and leads the industry when it comes to product innovation. We believe that Holley and Driven are extremely complementary in terms of culture, brands, and capabilities. Combining Holley and Driven creates the largest and most diversified business in the industry."
"Holley provides a large and vibrant community of passionate consumers with high-performance products that are essential to their lifestyle," said Tom Tomlinson, President and CEO of Holley. "Uniting Holley and Driven expands our product offering and market-leading portfolio, deepens our connection to our enthusiast base, and, importantly, brings together two highly talented management teams."
"As one business, Holley and Driven will be a powerhouse at the center of a fragmented industry with highly favorable market dynamics," said Driven CEO Brian Appelgate. "We share with Holley many similarities in how we interact with and earn the loyalty of our passionate customers. In addition, our brand portfolios are highly complementary and the combined business will be highly adept at identifying, acquiring, and investing in new brands."
Sentinel Capital Partners PR
Raycom Sports and Legacy Motorsports Events are partnering on a new joint venture called Raycom-Legacy Content Company to create large-scale live entertainment touring properties and related commercial opportunities.
Raycom Sports is a leading independent sports marketing, event management and production firm. Since 1982, Raycom Sports has managed live broadcasting, original programming, archival footage, marketing, mobile applications, social media and digital for sports properties.
Legacy Motorsports Events was co-founded by entertainment and motorsports executives Ken Hudgens, Tim Murray, Eric Cole and Bob Boggess. Collectively they possess more than a century of experience in large-scale event operation, promotion, sponsorship sales, television production, licensing, media and public relations.
“We are thrilled to partner with Raycom Sports and believe their organizational structure and expertise in content development and distribution will be invaluable combined with our team’s experience in the live entertainment space,” said Ken Hudgens, President & CEO of Raycom-Legacy Content Company. “We are excited to explore our next steps and look forward to future announcements.”
Raycom-Legacy Content Company will create live sports and entertainment events to own and grow. The partnership will extend beyond live events to include digital and linear content production and distribution, as well as other commercial extensions. The company will also look to license new tours with existing entertainment properties.
“The Legacy team builds huge, fun live events that audiences love and partners prioritize,” said Hunter Nickell, CEO of Raycom Sports. “We have a tenacious, motivated team that knows how to create, market and distribute content. It’s a great combination.”
Raycom-Legacy Content Company will be based in Charlotte, N.C.
Joey Logano clinched the first spot in the Monster Energy NASCAR Cup Series Championship 4, by winning the First Data 500 in Martinsville, Virginia on Sunday. The win marked Logano’s first win at Martinsville and 20th career Cup victory.
“Congratulations to Joey, Roger, and Team Penske” said Doug Yates, President and CEO of Roush Yates Engines. “Joey and the crew battled hard all day and with a great team effort by the No.22 crew, put Joey in an excellent position to win. We are glad to be in a position to race for the Championship for Ford.”.
The Ford Performance and Roush Yates Engines powered Ford Fusions led the most laps of all manufacturers for a total of 351 laps out of the 500-lap race. Logano led the field with 309 laps and collected the Stage 2 win on his way to winning his second race of the season. .
“That was just a hard-great race,” commented Logano in Victory Lane. “NASCAR racing at its finest. Now the next two weeks we think about Miami and nothing else. We have to go there and be ready and be prepared for it. One step at a time. We are going to enjoy this moment first and then we will worry about Miami tomorrow.” .
A late race caution, on lap 462, brought a majority of the field into the pits. The fast work of the No.22 crew put Logano out first, ahead of the No. 18 Kyle Busch. Logano launched the No.22, with a strong restart, to take the lead. Logano held the lead, fighting off stiff competition from teammate Brad Keselowski and Martin Truex Jr. In an all-out drag race to the finish, the No. 22 took the checkered flag ahead of Danny Hamlin and Truex. .
It was four Fords finishing in the top-10 of the First Data 500. Team Penske’s Logano race winning effort was followed by teammate Keselowski in fifth and Stewart-Haas Racing teammates Kurt Busch in sixth and Kevin Harvick tenth..
Going into the mile and a half track of Texas Motor Speedway the Ford drivers line up in P1 Logano, P4 Harvick, P5 Busch, P7 Clint Bowyer, and P8 Aric Almirola in the NASCAR Playoff Driver Standings. The NASCAR MENCS, Xfinity, and Camping World Truck Series all return to action at Texas Motor Speedway this upcoming weekend..