"This is a wonderful opportunity for our company to grow ourbusiness as we continue to invest in this sport," says O. BrutonSmith, CEO of Speedway Motorsports. The Charlotte, NC-based companywill now own race tracks in the Northeast, Southeast, Southwest andWest, including facilities in four of the country's top 10metropolitan markets, with Boston/NH ranked seventh. Closing on thedeal is anticipated by the end of the first quarter in 2008.

To maintain a consistent brand, the raceway will be recast asNew Hampshire Motor Speedway by the new ownership. Existingoperations for the group include Atlanta Motor Speedway; BristolMotor Speedway in Bristol, TN; Las Vegas Motor Speedway; Lowe'sMotor Speedway in Concord, NC; and Texas Motor Speedway in FortWorth.

The NH raceway is being acquired from Gary and Robert Bahre.Smith reports that Robert Bahre has been offered an opportunity toremain associated as a consultant with the track that heestablished nearly two decades earlier. Initially a blip on theprofessional racing circuit's radar screen, Loudon has emerged inrecent years as a venue for some of the sport's top events,especially for Nascar-related races. Loudon today, for example,hosts the Nascar Busch East Series, its Grand National Division andthe Whelan Modified Tour. Numerous amateur events and specialprograms for motorcycle racing are also held at the facility, whichfeatures a 1.1-mile oval speedway and 1.6-mile road course.

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