ISC Board Approves Comprehensive Plan To Redevelop Daytona International Speedway Frontstretch

Groundbreaking Set for July 5, 2013

DAYTONA BEACH, FL – June 18, 2013 - (Motor Sports Newswire) – International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB) (“ISC”) today approved funding to redevelop the frontstretch of Daytona International Speedway, the Company’s 54-year-old flagship motorsports facility, to enhance the overall experience for its fans, marketing partners and the motorsports industry.  This historic, multi-year project will break ground on July 5, 2013, and is targeted for completion in January 2016, in time for the 54th Rolex 24 At Daytona and the 58th DAYTONA 500.

“We are truly creating history with this unprecedented endeavor,” said ISC’s Chief Executive Officer Lesa France Kennedy.  “I commend the board’s decision to move forward on our plan to redevelop the Company’s signature motorsports facility, thereby shaping the vision of Daytona for the next 50 years.

“The decision was made with strong consideration of the current macroeconomic condition and a clear view for our long-term growth,” Ms. France Kennedy continued. “This significant private investment is a strategic use of our capital that will ensure the long-term viability of the iconic speedway, and when completed, will contribute favorably to the Company’s revenues, as well as to our community and the sport as a whole.”

The redevelopment is expected to cost between $375 million to $400 million, excluding capitalized interest.  Total expenditures incurred for the redevelopment through May 31, 2013 were approximately $15 million. The Company expects to fund the redevelopment from cash on hand, cash from its operations and may use borrowings on its credit facility for a limited period of time to even out cash flow.

The five-year capital expenditure plan (2013-2017) that ISC’s Board of Directors approved is not to exceed $600 million over that period.  This is consistent with the Company’s previous guidance on its average annual capital expenditures range of between $100 million to $120 million for the next several years.  The five-year capital expenditure plan encompasses all the capital expenditures for ISC’s 13 major motorsports facilities, including the Daytona International Speedway redevelopment, as well as any equity commitments to undertake a proposed mixed-use entertainment-oriented destination development across from Daytona International Speedway, which is still in the planning stage and subject to a number of approvals.

The vision for the redevelopment of the Daytona International Speedway frontstretch places an emphasis on enhancing the complete fan experience, beginning with five expanded and redesigned fan entrances, or injectors, along International Speedway Boulevard.  Each injector would lead directly to a series of escalators and elevators that would transport fans to any of three different concourse levels, each featuring spacious and strategically-placed social “neighborhoods” along the nearly mile-long frontstretch.

A total of 11 neighborhoods, each measuring the size of a football field, will enable fans to meet and socialize during events without ever missing any on-track action, thanks to an open-sightline design throughout each concourse and dozens of added video screens in every neighborhood. The central neighborhood, dubbed the “World Center of Racing,” would celebrate the history of Daytona International Speedway and its many unforgettable moments throughout more than 50 years of racing.

Every seat in the Speedway frontstretch will be replaced with wider and more comfortable seating, with more restrooms and concession stands throughout the facility.  At the conclusion of the redevelopment, Daytona International Speedway will be comprised of approximately 101,000 permanent seats with the potential to increase permanent seating to 125,000.

There will be no capacity changes for the 2014 DAYTONA 500.  The eventual decrease in capacity could occur in stages following the 2014 DAYTONA 500 and will include the complete removal of the backstretch grandstand by the start of the 2016 motorsports season.  By moving all seating to the frontstretch, all attendees will have the opportunity to enjoy a full race day experience including pre-race ceremonies, pit road action and the facility’s new amenities.  “We will take great care of our loyal existing customers throughout this renovation,” said John Saunders, President of ISC.  “They can expect to receive additional direct communication as we proceed with construction.”

The redevelopment will also provide an expansive platform for ISC’s corporate marketing partners.  Hospitality is elevated with a completely revamped design that will exceed partners’ expectations for a more intimate, affordable and effective experience.  The new frontstretch will include 53 suites that will offer superb views of the track.

Daytona International Speedway and ISC’s operations in Daytona Beach generate $1.6 billion in annual economic benefit to the state of Florida.  Following an unsuccessful bid for a public / private partnership with the State of Florida during the most recent legislative session, the Company was forced to reduce the scale of its redevelopment plan. Among the features that were revised and no longer included in the redevelopment plan was a major overhaul of the midway area. “It is unfortunate we are forced to scale back some elements, but the project will be designed for additional enhancements should future economic incentives present themselves,” said Mr. Saunders. In 2014, the Company intends to pursue incentives including those currently available to all other major sports venues in Florida.  ISC will reevaluate additional potential amenities based on the outcome of those efforts.

Construction for the redevelopment project will begin after the 2013 Coke Zero 400 NASCAR weekend.  As a result, the redevelopment will impact certain ancillary events at the Speedway through 2014.  However, major races such as those associated with Budweiser Speedweeks, the Daytona Supercross by Honda, the Daytona 200 and the Coke Zero 400 Powered by Coca-Cola, will be held as scheduled.  Additional information on events beyond 2014 will be provided upon completion of the full construction schedule.

“The redevelopment of Daytona International Speedway reaffirms its status as the ‘World Center of Racing’ for years to come,” said Ms. France Kennedy.  “It is imperative that we build upon my grandfather’s vision to create a world-class facility with premium amenities to provide unparalleled experiences for our guests and partners.  Doing so will ensure that the DAYTONA 500 and all our other events continue to drive our business while serving as a significant economic engine for the region.”

Daytona International Speedway is the home of “The Great American Race” – the DAYTONA 500. Though the season-opening NASCAR Sprint Cup Series event garners most of the attention – as well as the largest audience in motorsports – the approximately 500-acre motorsports complex boasts the most diverse schedule of events on the globe, thus earning it the title of the “World Center of Racing.” In addition to eight major weekends of racing activity, rarely a week goes by that the Speedway grounds are not used for events that include civic and social gatherings, car shows, photo and film shoots, car club events, production vehicle testing and more.

To learn more about the redevelopment project, fans can visit www.daytonainternationalspeedway.com/redevelopment or www.redevelopdaytona.com.

International Speedway Corporation is a leading promoter of motorsports activities, currently promoting more than 100 racing events annually as well as numerous other motorsports-related activities.  The Company owns and/or operates 13 of the nation’s major motorsports entertainment facilities, including Daytona International Speedway® in Florida (home of the DAYTONA 500®); Talladega Superspeedway® in Alabama; Michigan International Speedway® located outside Detroit; Richmond International Raceway® in Virginia; Auto Club Speedway of Southern CaliforniaSM near Los Angeles; Kansas Speedway® in Kansas City, Kansas; Phoenix International Raceway® in Arizona; Chicagoland Speedway® and Route 66 RacewaySM near Chicago, Illinois;  Homestead-Miami SpeedwaySM in Florida; Martinsville Speedway® in Virginia; Darlington Raceway® in South Carolina; and Watkins Glen International® in New York.

The Company also owns and operates Motor Racing NetworkSM, the nation’s largest independent sports radio network and Americrown Service CorporationSM, a subsidiary that provides catering services, food and beverage concessions, and produces and markets motorsports-related merchandise.  In addition, the Company has a 50 percent interest in the Hollywood Casino at Kansas Speedway.  For more information, visit the Company’s Web site at www.internationalspeedwaycorporation.com.

Statements made in this release that express the Company’s or management’s beliefs or expectations and which are not historical facts or which are applied prospectively are forward-looking statements. It is important to note that the Company’s actual results could differ materially from those contained in or implied by such forward-looking statements. The Company’s results could be impacted by risk factors, including, but not limited to, weather surrounding racing events, government regulations, economic conditions, consumer and corporate spending, military actions, air travel and national or local catastrophic events. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company’s SEC filings including, but not limited to, the 10-K and subsequent 10-Qs. Copies of those filings are available from the Company and the SEC. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be needed to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by International Speedway or any other person that the events or circumstances described in such statement are material.

SOURCE: International Speedway Corporation

####

SEMA Show Exhibitors Grow Through International Sales

 

• More than 15,000 international buyers expected at the 2013 SEMA Show
• Increasing global interest helps exhibitors discover new markets, expand their businesses

DIAMOND BAR, CA – June 12, 2013 – (Motor Sports Newswire) – With more than 15,000 international buyers expected at the 2013 SEMA Show, exhibitors at the upcoming event have an opportunity to learn about new markets and what they can do to grow their businesses internationally.

“As global demand for the industry’s products soars, there is huge opportunity for our members,” said Peter MacGillivray, SEMA VP of events and communications. “We have a comprehensive international relations program to help U.S. manufacturers connect with buyers in the most relevant markets.”

The SEMA Show offers a list of resources specifically designed to help international buyers work more effectively with exhibitors at the SEMA Show. These benefits include:

• Online registration – The online registration site includes a designated “International Visitors” tab that features basic information about the Show in seven different languages. An “International Travel Support” tab is also available to connect visitors from key countries to travel information specific to their location. International buyers also are able to seamlessly generate personalized Letters of Invitations that can be used for requesting visas.
• Badge pickup – International visitors are able to pick up their badges onsite at International Registration, where interpreters are on hand ready to assist.
• Center for International Commerce — Centrally located within the Las Vegas Convention Center, the Center for International Commerce (CIC) is available to international buyers and includes private meeting rooms, a lounge area, interpreters and complimentary WiFi.
• Exhibitor Directory – To help international buyers, the SEMA Show directory includes a list of exhibitors that currently export outside the United States. The list makes it easy for international buyers to hone in on the companies with whom they are most likely to do business.
• Networking – At the Show, SEMA hosts the International Happy Hour. With 1,000 international buyers, exhibitors and media, the event is the world’s largest international networking gathering of specialty equipment companies.

In addition to the resources available at the SEMA Show, the association’s international relations program includes trade missions to key countries throughout the year, international research to identify developing markets, working with international officials on legislative issues and more. SEMA was recently honored with the President’s “E” Award for making a significant contribution to the expansion of U.S. exports.

For more information about programs and services available to international visitors at the SEMA Show or how to connect with international buyers, contact Linda Spencer, 301/231-7695 or lindas@sema.org.

About SEMA and the SEMA Show

The SEMA Show is a trade show produced by the Specialty Equipment Market Association (SEMA), a nonprofit trade association founded in 1963. Since the first SEMA Show debuted in 1967, the annual event has served as the leading venue bringing together manufacturers and buyers within the automotive specialty equipment industry. Products featured at the SEMA Show include those that enhance the styling, functionality, comfort, convenience and safety of cars and trucks. Additional details are available at www.SEMAShow.com or www.sema.org, 909/396-0289.

####

Get the Racing Chills: BRP Presents the Formula 1 Grand Prix Du Canada Trophy

VALCOURT, QUEBEC – June 6, 2013 – (Motor Sports Newswire) – BRP (TSX:DOO) presents the 2013 edition of the Formula 1 Grand Prix du Canada 1^st place trophy during the Open House on Thursday, June 6 from 9 a.m. to 12 noon.

“This is one of the most beautiful trophies of the Formula 1 circuit,” said François Dumontier, president and CEO of Octane Racing Group Inc, promoter of the Formula 1 Grand Prix du Canada. “All propositions were excellent, but the originality and direct link to our 2013 theme made the choice clear.”

The winning team  from the Design & Innovation Centre(D&I) is composed of Christian Lepine, senior designer and project leader, François Chênevert senior designer, and Jonathan Mahieddine, designer. Chosenfrom among eight Design & Innovation teams by a special jury composed of representatives of Octane Racing Group and BRP, the concept was submitted for final approval by Formula One Management.

“This trophy truly expresses passion for Formula 1,” said Denys Lapointe, executive vice-president, D&I. “Perfect symbiosis between dynamism and technicality, this twisting structure sits on a pyramidal base representing aerodynamics, fluidity and speed. This year’s Formula 1 Grand Prix du Canada’s thematic ”Get the Racing Chills” is represented by the vibrating perforations contrasting pure and fluid surfaces.”

Lapointe and his designers, the winning team of Lepine, Chênevert and Mahieddine will be at the Open House to discuss the concept and inspiration behind this example of design excellence. All spectators at Circuit Gilles-Villeneuve will get a chance to see the trophy at the BRP booth located near the Pont du Cosmos on race weekend, June 7-8-9, 2013.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea‑Doo watercraft, Can-Am all‑terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide. www.brp.com

About Octane Racing Group Inc.

A Canadian company established in Montréal, Octane Racing Group Inc. is the promoter of the Formula 1 Grand Prix du Canadaby virtue of an agreement made with Formula One Administration Limited and Formula 1 World Championship Limited (together the holder of commercialization rights to F1). www.circuitgillesvilleneuve.ca

Sea-Doo, Ski-Doo, Lynx, Evinrude, Can-Am, Spyder, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates.

For information:
Johanne Denault
Manager, Corporate Communications
BRP
450-532-5173
johanne.denault@brp.com

Laurie Schraenen
National Press Officer
Formula 1 Grand Prix du Canada
514-350-4731 ext. 242
lschraenen@octanemanagement.ca

####

Metalcloak Adopts the “Gold Standard”

Manufacturer of Off-Road Accessories Accepts Gold as Payment for Products

RANCHO CORDOVA, CA – May 31, 2013 – (Motor Sports Newswire) – Metalcloak, the developer of game-changing aftermarket products for America’s off road icon, the Jeep Wrangler, announced today the launch of the “Gold Standard” program allowing customers to purchase products using Gold Coins.

“Gold is the purest form of currency” says Matson Breakey, VP of marketing for Metalcloak, “and our customers can now use Gold to buy what has become the ‘Gold Standard’ of suspension systems for Jeeps.”

Metalcloak is testing the program on a single product, what they call the Gold Standard Suspension System (aka, the Duroflex 2.5/3.5 Suspension System for the 2007 – 2013 Jeep JK Wrangler) starting June 1 through July 4, 2013.

“The kit retails for $1999,” says Matson “but we will accept any One Ounce Gold Coin no matter the current market value to purchase that kit.”

“Off-road enthusiasts are true Patriots and they recognize the relationship between Gold & Liberty. This is just one more step in our mission to build for their future.”

The program is open to most US residents, with the exception of California, and transactions cannot be done in person, but rather through mail order using the US Postal Service.

The process is simple. Customers call 916-631-8071 to order the kit and are given instructions for shipping the single gold coin. Once received, Metalcloak will ship out the products.

More information can be found on their website at Metalcloak.com

About Metalcloak

Based in Rancho Cordova, California, Metalcloak develops Game-Changing products for 1972 – current open top Jeeps including the original Arched Tube Fenders, the first integrated body armor system, Frame-Built Bumpers, the Patent Pending Duroflex Joint and Patent Pending 6Pak Shocks.

 

####

SEMA Seeks Industry’s Young Entrepreneurs

DIAMOND BAR, CA – May 28, 2013 – (Motor Sports Newswire) – The SEMA Young Executives Network (YEN) is seeking the industry’s brightest and most promising young entrepreneurs to compete in the first-ever “SEMA Launch Pad” competition.

The competition, which culminates at the 2013 SEMA Show in Las Vegas, Nevada, offers executive-level innovators under the age of 40 a platform to showcase their business plans for marketing new automotive products or services.

“Our industry is made up of innovative visionaries,” said Bryan Harrison, SEMA Launch Pad Project Manager. “Through the SEMA Launch Pad, we’re hoping to discover new leaders who will pave the way to the future. We’re looking for folks to follow in the steps of the pioneers who started our industry nearly 50 years ago.”

Open to leading executives (president, CEO or owner) who are YEN members, the competition begins with an online application that requires applicants to submit a short video detailing the company’s functioning prototype/concept or product/service available for sale. Ten candidates will be selected to continue to the next round, at which time Facebook fans will have an opportunity to narrow the candidates down to five.

The top five candidates will then compete at a live event held at the 2013 SEMA Show, where they will make a business pitch to industry juggernauts that compose the judging panel. The winner will receive a booth at the 2014 SEMA Show, an ad in Hot Rod magazine or 4-Wheel & Off-Road magazine, a Family Events sponsorship, web design, graphic design, PR consultation packages and much more.

For complete details or to apply, visit www.SEMA.org/launch-pad or contact Harrison at bryanh@SEMA.org, or 909-978-6691.

About SEMA

SEMA, the Specialty Equipment Market Association founded in 1963, represents the $29.99 billion specialty automotive industry of 6,537 member-companies. It is the authoritative source for research, data, trends and market growth information for the specialty auto parts industry. The industry provides appearance, performance, comfort, convenience and technology products for passenger and recreational vehicles. For more information, contact SEMA at 1575 S. Valley Vista Dr., Diamond Bar, CA 91765, tel: 909/396-0289, or visit www.sema.org or www.enjoythedrive.com.

####

BRP in the hands of the Best Drivers of the Formula 1 Grand Prix Du Canada

VALCOURT, QUEBEC – May 24, 2013 – (Motor Sports Newswire) – BRP employees will create the trophies of the 2013 and 2014 editions of the Formula One (F1) Grand Prix du Canada for the third and fourth straight years.

“We are proud of the relationship established with BRP, a powersports industry leader, especially with its Design & Innovation team recognized around the world,” said François Dumontier, President & CEO of Octane Racing Group Inc, promoter of the Formula 1 Grand Prix du Canada. “The trophies that they have designed since 2011 for our event demonstrate that they understand well the culture and the emotion behind F1 racing.”

Eight BRP teams of three or four designers participated in a friendly competition to develop the Formula 1 Grand Prix du Canada trophies. A jury, composed of representatives from Octane Racing Group and BRP, selected a concept for this year’s edition of the Grand Prix and sent it to Formula One management for final approval. Proposals were evaluated on their originality, design quality, feasibility and symbolism with F1 racing.

“We were very excited in 2011, the first time we were approached by the F1 Grand Prix du Canada to design their trophies, and it is obviously a challenge that is gaining in popularity among my designers,” said Denys Lapointe, executive vice-president, Design & Innovation Centre. “It’s a great opportunity to showcase their creativity, talent and passion for powersports.”

The creation of the trophies was done by a talented group of individuals from a variety of disciplines including: product and transportation design, engineering, human factors, as well as technical staff. Over the years, BRP’s design group has garnered numerous international design awards such as German red dots, U.S. Good Designs and Australia International Design Awards (AIDA). To date in 2013, BRP received one red dot award and three AIDAs.

The trophy will be on display during the F1 Grand Prix du Canada Open House on the morning of June 6. In addition, all spectators at Circuit Gilles Villeneuve will get a chance to see the trophy at the BRP booth located near the Pont du Cosmos on race weekend, June 7-8-9, 2013.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea Doo watercraft, Can-Am all terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide.
www.brp.com

About Octane Racing Group Inc

A Canadian company established in Montréal, Octane Racing Group Inc. is the promoter of the Formula 1 Grand Prix du Canada by virtue of an agreement made with Formula One Administration Limited and Formula 1 World Championship Limited (together the holder of commercialization rights to F1).
www.circuitgillesvilleneuve.ca

####

Mikuni MK Pulse Fuel Pumps for OEM Replacement and Custom Motorsports Applications

NORTHRIDGE, CA – May 24, 2013 – (Motor Sports Newswire) – Mikuni MK Pulse Fuel Pumps employ an engine’s fluctuating crankcase pressure when running to pump fuel from a remote fuel tank to an engine’s carburetor(s).

Mikuni MK Pumps are used as OEM original equipment in many recreational motorsports applications including personal watercraft and snowmobiles.

For custom motorcycle and other special applications they allow the builder the freedom of placing the fuel tank in any location on the vehicle and not requiring gravity fuel feed, and fuel can be drawn from any location and feed easily to the engine’s induction system without the need for an auxiliary electric fuel pump.

Mikuni Carburetors, Tuning Components, Replacement Parts and Rebuild Kits are shown in the complete Mikuni Carburetor Products Catalog and available from Mikuni Dealers and Distributors in the USA and Worldwide as shown on www.MikuniPower.com.

####

SEMA Show Hotel Deals

 

• Includes 52 hotels throughout Las Vegas
• Rates as low as $56 per night, including ten hotels under $100 per night

DIAMOND BAR, CA – May 23, 2013 – (Motor Sports Newswire) – SEMA Show goers can obtain reliable, low-cost hotel rooms from Travel Planners, the official housing partner for the 2013 SEMA Show. Reservations made at www.SEMAShow.com/travel-and-lodging offer discounts at dozens of hotels, with rates as low as $56 per night and many more properties agreeing to waive the standard “resort fees” currently implemented throughout the city.

“We want to give SEMA Show attendees the confidence that when booking their travel plans, they are ensured low rates and a high level of personal service from a dependable partner to help make their trip to the SEMA Show easy and affordable,” said Peter MacGillivray, SEMA VP of events and communications. “Showgoers should be aware that there are other travel providers that often misrepresent their rates and ultimately leave people paying more, or in some cases without a reservation at all.”

SEMA began partnering with Travel Planners in 2011 to provide Showgoers with guaranteed low rates on dozens of hotel rooms in Las Vegas during the week of the SEMA Show. The 33-year-old company works with the hotels to identify guests as SEMA Showgoers, so they are informed about Show-related programs such as free shuttles. Other benefits of booking through Travel Planners include:

• No deposits are required
• No service fees charged
• Ability to update or cancel reservations up to three days prior to the event without any fees or penalties
• Immediate confirmations upon making reservations
• Onsite assistance from Travel Planners staff at the SEMA Show

SEMA Show organizers also coordinated with major air carriers to secure discounted airfare for 2013 SEMA Show attendees. American, Delta and United are among the first airlines offering up to 10% off on round-trip airfare to Las Vegas.

“Every year we strive to increase value and lower costs for SEMA Show attendees,” added MacGillivray. “This includes working with hotels in Las Vegas to negotiate the lowest rates possible. We’re pleased that once again, many of the hotels are enthusiastically committed to servicing SEMA Showgoers.”

To secure rooms through the official SEMA Housing Services, reservations should be made from the SEMA Show site www.SEMAShow.com/travel-and-lodging and include the official housing seal. Travel Planners can also be reached directly at 800-221-3531 or 212-532-1660.

About SEMA and the SEMA Show

The SEMA Show is a trade show produced by the Specialty Equipment Market Association (SEMA), a nonprofit trade association founded in 1963. Since the first SEMA Show debuted in 1967, the annual event has served as the leading venue bringing together manufacturers and buyers within the automotive specialty equipment industry. Products featured at the SEMA Show include those that enhance the styling, functionality, comfort, convenience and safety of cars and trucks. Additional details are available at www.SEMAShow.com or www.sema.org, 909/396-0289.

####

Goodyear Kicks Off 4th Annual “Gives Back” Campaign

Goodyear Transforms NASCAR Tires for Memorial Day Race Weekend and Launches Charity Auction to Benefit Support Our Troops®

AKRON, OH – May 23, 2013 – (Motor Sports Newswire) – Continuing its long history of supporting the men and women of the U.S. Armed Forces, The Goodyear Tire & Rubber Company, exclusive tire supplier of NASCAR’s three major national series, is waving the green flag on the fourth annual “Goodyear Gives Back” charitable program benefitting the Support Our Troops® organization.

To launch this year’s program, Goodyear will again transform its race tires by replacing the “Eagle” sidewall design with desert camouflage lettering that reads “Support Our Troops” on all NASCAR tires used during Memorial Day Weekend at Charlotte Motor Speedway. The commemorative tires are one of a number of initiatives planned as part of this year’s program, which includes a charity auction featuring autographed NASCAR memorabilia and VIP experiences, along with at-track activities and multiple opportunities for racing fans to participate. All proceeds from the program benefit Support Our Troops®, a nonprofit nationwide organization that works to bolster the morale and well-being of America’s troops and their families.

“Memorial Day Weekend is a time for all of us to reflect on the incredible sacrifices soldiers and their families make every day to protect our freedom,” said Gary Melliere , Goodyear’s general manager of sponsorships. “Goodyear is proud to continue its longtime support of the military with this program, and we hope all NASCAR fans will join us in helping to raise funds for this great cause.”

Fans can get involved in this year’s “Goodyear Gives Back” program by visiting www.Goodyear.com/GivesBack to bid on authentic Goodyear NASCAR tires autographed by the drivers who used them, as well as other unique items including VIP motorsports experiences and memorabilia, and rides on the iconic Goodyear Blimp. All auction proceeds go directly to Support Our Troops®, and Goodyear will match the funds raised through the charity auction up to $50,000.*

During the program, which runs through July 8, 2013, consumers can also make direct donations to Support Our Troops®, send messages to troops through the Goodyear website and purchase Goodyear Gives Back merchandise through the auction link (while supplies last).

“The Goodyear Gives Back program has played a very important role over the years in helping to raise awareness and funds to better the lives of U.S. Armed Forces and their families,” said Martin C. Boire , executive director of Support Our Troops. “We want to thank Goodyear and NASCAR for continuing to give racing fans a fun opportunity to support our service men and women through this program.”

To date, the Goodyear Gives Back program has provided more than $700,000 in cash and product donations that have gone directly to supporting the troops and their families. This year’s program launch is part of a strong effort made by the racing community to show its support of the military this Memorial Day race weekend, including the launch of “NASCAR: An American Salute,” which highlights the sport’s ongoing support of the U.S. Armed Forces and veterans. This year, the NASCAR program is galvanizing the industry, partners and fans around an effort to touch the lives of one million military service men and women and their families. Goodyear is also supporting Charlotte Motor Speedway’s Patriot Partners bus sponsorship program, which is bringing thousands of troops to the 54th running of the Coca-Cola 600 from Fort Bragg in Fayetteville, N.C., Fort Jackson in Columbia, S.C. and Shaw Air Force Base in Sumter, S.C.

“Goodyear continues to be a great NASCAR supporter as we unite to honor the sacrifices of the men and women who serve in the U.S. military,” said NASCAR President Mike Helton . “We hope that the Goodyear Gives Back program, in conjunction with the ‘NASCAR: An American Salute’ initiative, will continue to encourage NASCAR fans to express how thankful we are for those who serve our country and their families, while also raising money to help support them.”

To continue its show of support for the military, representatives from Goodyear, NASCAR and a group of volunteers teamed up at Charlotte Motor Speedway to fill care packages for the troops with personalized “thank you” cards and other essential items donated by Goodyear and NASCAR sponsors and partners. For the second year in a row, UPS Trackside Services will provide shipping and manage the delivery of the care packages from Charlotte to active duty troops in Kuwait and Afghanistan. UPS is the Official Logistics Provider of NASCAR and has committed to hire more than 25,000 veterans over the next five years.

Goodyear, the largest producer of military tires in the U.S., has a longstanding history with the U.S. Armed Forces, with more than 100 years of commitment to building innovative and reliable tires and equipment to support and protect our troops. Goodyear’s commitment extends beyond products and charitable donations; priding itself on hosting events at U.S. military bases throughout the year, bringing service men and women and their families a chance to interact with drivers and take rides on the Goodyear Blimp.

About NASCAR

The National Association for Stock Car Auto Racing, Inc. (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States. NASCAR consists of three national series (the NASCAR Sprint Cup Series, NASCAR Nationwide Series, and NASCAR Camping World Truck Series), four regional series, one local grassroots series, three international series and GRAND-AM Road Racing and the American Le Mans Series presented by Tequila Patron , both known for competition on road courses. Based in Daytona Beach, Fla., with offices in eight cities across North America, NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe. For more information, visit www.nascar.com and follow NASCAR at www.facebook.com/NASCAR and Twitter: @NASCAR.

About Support Our Troops

SupportOurTroops.Org provides simple constructive ways for citizens and community minded businesses to show their patriotism and appreciation for those who sacrifice so much to protect our country, our homes, our families, and our American way of life.

Support Our Troops is a registered trademark licensed through SupportOurTroops.org. The official SupportOurTroops.Org website is a nationwide platform for individuals, organizations, businesses and non-profits to bolster America’s troops and their families in a multitude of ways. It is a moral covenant with those who serve to protect us and our families. SupportOurTroops.Org is a resource that was not available to previous generations of troops, which now stands as a permanent living testament to the affection, gratitude and loyalty good Americans hold for those who do so much for all of us every day.

About Goodyear

Goodyear is one of the world’s largest tire companies.  It employs approximately 69,000 people and manufactures its products in 52 facilities in 22 countries around the world.  Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.  For more information about Goodyear or its products, go to www.goodyear.com.

*Consumer purchases of Goodyear tires will not affect the total contribution to charity.  Support Our Troops^® is a registered trademark licensed through SupportOurTroops.org.  See Participating Retailer for complete details.

SOURCE: Goodyear

####

Fifth FAA-Conforming HondaJet Achieves First Flight

GREENSBORO, NC – May 21, 2013 – (Motor Sports Newswire) – Honda Aircraft Company today announced that its fifth Federal Aviation Administration (FAA) conforming HondaJet, equipped with a production interior matching the final customer aircraft, successfully completed its first flight on May 16, 2013 at the company’s world headquarters in Greensboro, N.C. With this achievement, the HondaJet program approaches the final phase of flight testing as the company advances toward FAA aircraft certification of the world’s most advanced light jet.

“An aircraft’s first flight is an important and emotional milestone,” said Honda Aircraft Company President and CEO Michimasa Fujino. “This is especially true for our fifth FAA-conforming HondaJet. This aircraft is equipped with a production interior and options, and it will anchor the final leg of our flight test program. From inside and out, this HondaJet matches the final configuration of a customer aircraft.”

The light jet lifted off at 3:00 p.m. EDT from the Piedmont Triad International Airport (KGSO). During the 60-minute flight, the aircraft performed very smoothly with an initial climb to 12,000 feet reaching a top speed of 300 Knots True Air Speed (KTAS).

Howard Judd, pilot-in-command, and Stefan Johansson, co-pilot, completed several checks during the flight, including low and high speed handling characteristics, avionics and system functionality including the stall protection system. Data gathered during the flight was transmitted in real time to the company’s on-site flight test telemetry operations for analysis.

This aircraft will be used for function and reliability (F&R) testing. F&R testing will simulate in-service flight operations of the aircraft. It has a production interior with standard lavatory and options including a side-facing seat, and will be used for interior and cabin systems tests. Future testing on the aircraft will also analyze the controller-pilot data link communications (CPDLC).

The fifth conforming HondaJet features the signature HondaJet paint scheme in a special edition blue and pearl white finish with a metallic gold stripe, an artistic moniker to signify the plane’s unique role to the program. The cabin’s color palette is parchment, a pale beige base that is one of two interior color options available on the HondaJet.

Since 2010, Honda Aircraft has developed and produced six FAA-conforming HondaJets. Four active flight test aircraft include:

• First conforming aircraft – aerodynamics, performance, and stability and control testing
• Third conforming aircraft – mechanical system testing
• Fourth conforming aircraft – avionics and electrical testing
• Fifth conforming aircraft – function and reliability (F&R) testing; and cabin system and interior, and options testing

Two ground test aircraft include:

• Second conforming aircraft – structural testing and retired from the ground test program in 2012 after successfully completing all ultimate load testing, European Aviation Safety Agency (EASA) bird strike test, and seat attachment test
• Sixth conforming aircraft – structural testing and joined the program in October 2012; currently being used for static testing and damage tolerance testing

“Our flight test fleet maintains a very active schedule and continues to complete milestones for FAA certification flight testing,” said Fujino.

The HondaJet is priced at $4.5 million (€3.41 million), and its design incorporates advanced technologies and concepts. The HondaJet patented Over-The-Wing Engine Mount (OTWEM) configuration, natural-laminar flow wing and fuselage nose and composite fuselage were developed from long-term research activities. These innovations combine to make the HondaJet the fastest, most spacious and most fuel-efficient jet in its class.

About HondaJet

HondaJet is the world’s most advanced light business jet aircraft, with best-in-class advantages in performance, comfort, quality and efficiency. The HondaJet is the fastest, highest-flying, quietest, and most fuel-efficient jet in its class. The HondaJet incorporates many technological innovations in aviation design, including the unique Over-The-Wing Engine Mount (OTWEM) configuration that dramatically improves performance and fuel efficiency by reducing aerodynamic drag. OTWEM design also reduces cabin sound, minimizes ground-detected noise, and allows for the roomiest cabin in class, the largest baggage capacity, and a fully serviceable private aft lavatory. The HondaJet is powered by two highly fuel-efficient GE Honda HF120 turbofan jet engines, and is equipped with the most sophisticated glass flight deck available in any light business jet, a Honda-customized Garmin® G3000 next-generation all-glass avionics system composed of three 14-inch landscape-format displays and dual touch-screen controllers. The HondaJet is Honda’s first commercial aircraft and lives up to the company’s reputation for superior performance, efficiency, quality and value.

For more information, visit www.hondajet.com.

Honda Aircraft Company

Honda Aircraft Company, LLC, a wholly owned subsidiary of American Honda Motor Co., Inc., was founded in 2006 though has its heritage in more than 20 years of groundbreaking aeronautical research and development. At Honda Aircraft’s world headquarters in North Carolina, the birthplace of aviation, the company’s associates work in more than 500,000 square feet of state-of-the-art R&D, manufacturing and administration headquarter buildings to develop, produce, market and support the HondaJet with HondaJet dealers. The challenging spirit upon which Mr. Soichiro Honda founded Honda Motor Co., Ltd. is alive today as Honda Aircraft fulfills one of Honda’s long-standing dreams to advance human mobility skyward.

####