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Aug 24, 2001

Joint Meeting Of AMA Boards To Decide Future Of AMA Pro Racing This Weekend

A joint meeting of the AMA Board of Trustees and the AMA Pro Racing Board of Directors this weekend at the Doubletree Inn in Colorado Springs, Colorado could determine the future of AMA Pro Racing.<BR><BR>One of the top items on the agenda is the question of Paradama Inc. (a.k.a. AMA Pro Racing) gaining autonomy from the American Motorcyclist Association. Involved in that proposed process is Paradama CEO Scott Hollingsworth's plan to align the AMA subsidiary with what he has termed "a strategic partner" in a transaction that he has also claimed is not a sale of Paradama.