Bob Bahre, Chairman of the Board of New Hampshire International Speedway (NHIS), on the agreement to sell NHIS to Speedway Motorsports, Inc.

"Gary and I would like to thank all of our employees and loyal fans for their continued support of New Hampshire International Speedway over the past 18 years. Our success is due to their dedication and to the loyalty of our corporate partners including SYLVANIA, LENOX Industrial Tools, and Camping World. We look forward to working closely with Bruton Smith and his team during the upcoming transition and for years to come."

Statement from Brian France, NASCAR Chairman and CEO

Today’s announcement that Speedway Motorsports Inc. has purchased New Hampshire International Speedway is yet another indication that the NASCAR industry continues to grow and thrive.

Capitalizing on NASCAR’s national appeal and growth, the Bahre family created a passionate fan base and developed a valuable venue that has hosted the largest sporting events in New England including 26 consecutive sellouts.

The success of NHIS, and the desire of the Bahre family to sell, made the track very attractive to SMI and several other interested buyers. SMI has a highly regarded record for hosting some of the most successful and enjoyable race events in all of NASCAR, and there’s no doubt that will continue.

While we don’t have any details about SMI’s plans for NHIS, all sanctions for 2008 have been signed and finalized. As a result, there will be no location changes to the 2008 schedule that was released last month. This is important to the fans, competitors, broadcast partners and sponsors who have already made plans for the 2008 races.

Looking beyond 2008, NASCAR will continue to consider requests by any track operator, including SMI, to relocate race dates. Under NASCAR’s “realignment” plan, we have worked with track owners to relocate race dates to meet the needs of our growing national fan base. Ultimately, any change must meet NASCAR’s objectives and serve our fans.

The industry owes Bob and Gary Bahre a debt of gratitude for their leadership and commitment to NASCAR. All of NASCAR wishes the Bahre family well during this time of transition. They will always be considered pioneers in NASCAR.

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