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Green Savoree Buys Mid-Ohio Sports Car Course, The Mid-Ohio School


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No joke.

NEWS For Immediate Release

GREEN SAVOREE BUYS MID-OHIO SPORTS CAR COURSE, THE MID-OHIO SCHOOL

INDIANAPOLIS, March 2, 2011 – Green Savoree Racing Promotions, through newly formed, wholly owned subsidiary Green Savoree Mid-Ohio, LLC, has purchased Mid-Ohio Sports Car Course and The Mid-Ohio School from Dublin, Ohio-based TrueSports, Inc.

Green Savoree, which also owns and operates the Honda Indy Toronto and Honda Grand Prix of St. Petersburg, will assume operations of the Lexington, Ohio motorsports facility and performance driving and riding school immediately, retaining TrueSports’ offices and staff and promoting Mid-Ohio’s 2011 schedule of spectator and non-spectator events and school course dates. Other terms of the sale were not announced.

“Properties like Mid-Ohio don’t come on the market every day,” said Green Savoree Co-Owner, President and Chief Operating Officer Kevin Savoree. “It was a great opportunity to invest in a property with a great history and tradition that, like us, has deep roots in sports car and Indy car racing. It was also a chance to extend our relationship with Honda, which is a longtime partner of Mid-Ohio and our other properties.”

“This is a positive and very exciting deal, and one that serves all our interests,” said TrueSports, Inc. President Michelle Trueman Gajoch. “Kim (Green) and Kevin have a great track record as team owners and event promoters, and will bring a new energy and perspective to the operation. That’s great news for our associates and fans and for the many loyal partners we’ve been doing business with for so many years. They’re the right people to steward the track through its next 50 years.”

Mid-Ohio Sports Car Course will celebrate its 50th season of racing in 2011. The track’s golden anniversary schedule is set to include the Vintage Grand Prix of Mid-Ohio, June 24-26; Honda Super Cycle Weekend presented by Dunlop Tire, July 8-10; AMA Vintage Motorcycle Days, July 22-24; Mid-Ohio Sports Car Challenge/The Honda Indy™ 200 at Mid-Ohio, August 5-7; NASA Championships presented by Toyo Tires, September 9-11; and EMCO Gears Classic presented by KeyBank, September 16-18. The Mid-Ohio School has nearly 180 course dates currently scheduled for 2011 beginning in March, and the track and school both have private events scheduled throughout the year.

“I’ve been racing at Mid-Ohio since 1981 and have seen the pride Michelle and her team have put into the facility and the tradition they’ve established,” said Green Savoree Co-Owner, Chairman and Chief Executive Officer Kim Green. “It’s a legacy we’ll carry on with great pride.”

The Mid-Ohio facility was built in 1962 by Mansfield, Ohio businessman Les Griebling as a place for sports car racing. The track was purchased by entrepreneur and racing enthusiast Jim Trueman in 1982. Trueman invested millions in the facility, luring major series like CART and IROC and raising the track’s profile as one of the country’s premier road racing venues.

“In addition to continuing to develop this fantastic facility, we look forward to building relationships with the track and school’s many longtime partners and attracting even more of the exciting events Mid-Ohio’s loyal fans have come to expect,” Savoree added. “We’re eager to write the next chapter in the 50-year history of North America’s largest privately held road course.”

A park-like, 330-acre complex, Mid-Ohio Sports Car Course features a permanent road-racing circuit with two primary configurations: a 2.4-mile, 15 turn course and a 2.25- mile, 13-turn circuit. The track, which is located 60 miles north of Columbus and 75 miles south of Cleveland, has been called the most competitive in the U.S. and annually hosts a diverse lineup of locally, regionally and nationally sanctioned racing events for amateur, club and professional drivers and riders.

The Mid-Ohio School provides professional driving and riding instruction to drivers and motorcyclists of all skill levels. The school’s 20 different programs vary from Defensive Driving, Performance Driving and Racing programs on the automobile side to Beginning, Experienced, Advanced Cornering and Performance Track Riding programs on the motorcycle side. Students enjoy classroom sessions, skill drills, expert personal instruction and lapping on the same track that challenges the world’s top racers. The school has graduated more than 41,000 students since its inception in 1993.

Founded in 2009 by veteran motorsports executives Kim Green and Kevin Savoree, Green Savoree Racing Promotions is a privately held motorsports event ownership and management company. In working together since 1993, Green and Savoree have won four IndyCar championships, three Indy 500s and the 12 Hours of Sebring as team principals, and established the Indy Racing League’s first street race in 2004. Headquartered in Indianapolis, the firm owns and promotes multiple professional racing events in North America, including the Honda Indy Toronto and Honda Grand Prix of St. Petersburg. More information about the company is available at www.gpstpete.com, www.hondaindytoronto.com and www.midohio.com.

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Thank god! This is the best thing that could happen. Maybe the place will actually get some of the work done that is needed and the owner will be more thoughtful of the motorcycle population. The woman that owned it before was a bitch and I am glad she sold it.

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Thank god! This is the best thing that could happen. Maybe the place will actually get some of the work done that is needed and the owner will be more thoughtful of the motorcycle population. The woman that owned it before was a bitch and I am glad she sold it.

Green Savoree is an IRL race promoter, and I think they own a team or two as well. I hope you're right though. I hope they put more effort into the motorcycle part of the business. On the other side, I can't wait for ALMS. Crapwagon is going to be insane!

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Having done business with Michelle back in the day when I worked for Pepsi she was a total bitch. She had another sister that owned part of the track for a bit and got totally out of it becuase of her.

I think this will be great for EVERYTHING and EVERYONE who goes to Mid O. etc.

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Not sure why it is perceived to be unfriendly towards motorcycles? The school is actually filled with some great folks that are VERY much into motorcycles...

The facilities are really good and are friendly also.

Are you guys talking about the sealer or the facility and people? Owners have changed, but sounds from talking to a few folks that this is a great thing and the plans are for bigger and better things.

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Not sure why it is perceived to be unfriendly towards motorcycles? The school is actually filled with some great folks that are VERY much into motorcycles...

The facilities are really good and are friendly also.

Are you guys talking about the sealer or the facility and people? Owners have changed, but sounds from talking to a few folks that this is a great thing and the plans are for bigger and better things.

It is in regards to the owner, she has clearly stated multiple times she doesn't like motorcyclists and could care less about what they want. I will agree with you that the staff has some good guys in it that care about the motorcycle population, however when it comes from up top our sport was always treated as the red head step child in her eyes that she didn't want much to do with. I think that is why everyone is surprised and happy to see new ownership in there that will take the facility in a more positive direction. I am looking forward to see what is to come from this new ownership, and I am only hoping for the best. I think this will be positive for everyone involved with Mid-Ohio.

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Its funny, over the 20+ years I have been attending events at Mid-Ohio, the motorcycle related events seem to be the best attended. I am not sure how the previous ownership could have so much disdain for a large chunk of their revenue stream. Should be good things to come!

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