Supercross Split Averted: AMA And CCE Announce New Deal

Supercross Split Averted: AMA And CCE Announce New Deal

© 2002, Roadracing World Publishing, Inc.

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From a press release:

CLEAR CHANNEL ENTERTAINMENT’S MOTOR SPORTS DIVISION AND AMA PRO RACING ANNOUNCE MULTI-YEAR SUPERCROSS AGREEMENT

Aurora, Ill. (April 12, 2002) – Clear Channel Entertainment’s Motor Sports division and AMA Pro Racing today announced a seven year agreement for the 2003-2009 AMA Supercross seasons, extending the 28-year relationship between the two organizations. The agreement provides that AMA Pro Racing will continue to sanction all supercross motorcycle races produced and promoted by Clear Channel Entertainment in the United States. After lengthy discussions, both groups concluded that working together was in the best interest of supercross riders, fans, sponsors, television viewers, race teams, AMA Pro Racing and Clear Channel Entertainment, and positions supercross for significant future growth.

Charlie Mancuso, president of Clear Channel Entertainment’s Motor Sports division, said “We are proud to announce the continuation of our long-standing relationship with AMA Pro Racing, and are thrilled to focus all of our efforts on taking the sport of supercross to the next level and beyond. Our job is to work hand-in-hand with AMA Pro Racing to continue the rapid growth and development of the most successful motorcycle racing series in the world. We want to thank the riders, fans, race teams and sponsors for all of their patience and support during the past few months.”

PJ Harvey, newly elected chairman of AMA Pro Racing, said, “The last few months have felt a bit like a lap around a supercross track – fast, furious and with its fair share of bumps. But in the end, we have come to realize that continuing our relationship with Clear Channel Entertainment most effectively meets the needs of AMA Pro Racing to continue growing the sport. We’re very excited to continue working together with Clear Channel and share Charlie’s sentiments that it’s time to focus on the future.”

The following are the 16 events on the 2003 AMA Supercross Series schedule:

Jan 4 Edison International Field Anaheim, Calif.

Jan 11 Bank One Ballpark Phoenix

Jan 18 Edison International Field Anaheim, Calif.

Jan 25 Pacific Bell Park San Francisco

Feb 1 Edison International Field Anaheim, Calif.

Feb 8 Qualcomm Stadium San Diego

Feb 15 Metrodome Minneapolis

Feb 22 Georgia Dome Atlanta

Mar 1 RCA Dome Indianapolis

Mar 8 Daytona International Speedway Daytona, Fla.

Mar 22 Edward Jones Dome St. Louis

Mar 29 Reliant Park Houston

Apr 5 Silverdome Pontiac, Mich.

Apr 12 Texas Stadium Dallas

Apr 26 Rice-Eccles Stadium Salt Lake City

May 3 Sam Boyd Stadium Las Vegas

The 16 rounds of the 2003 AMA Supercross Series, combined with two international events which will take place in December of 2002 will comprise the 18-round 2002-2003 FIM Supercross World Championship.

About Clear Channel Entertainment Clear Channel Entertainment, a leading producer and marketer of live entertainment events, is a subsidiary of Clear Channel Worldwide (NYSE: CCU), a global leader in the out-of-home advertising industry. Clear Channel Entertainment currently owns, operates and/or exclusively books approximately 135 live entertainment venues, including more than 100 in North American and 30 in Europe. In 2001, more than 66 million people attended approximately 26,000 events promoted and/or produced by the company, including: Live music events; Broadway, West End and touring theatrical shows; family entertainment shows; and specialized sports and motor sports events. The company, which operates throughout North America, Europe, South America and Australia, also owns independently operated athlete representation businesses, which provide management, marketing and financial consulting services to many of the world’s top professional athletes. More information may be found by visiting www.cc.com and www.clearchannel.com.

About AMA Pro Racing AMA Pro Racing is the leading sanctioning body for motorcycle sport in the United States. Its Championships include the AMA EA SPORTS Supercross Series, the AMA Chevy Trucks U.S. Motocross Championship, the AMA Chevy Trucks U.S. Superbike Championship and the AMA Progressive Insurance U.S. FlatTrack Championship. More than 1.7 million fans attended AMA Pro Racing events during the 2001 season.

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