July 11th, 2008, 12:05 AM | #1 |
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[motorcyclistonline] - American Motorcyclist Association Approves Sale Of AMA Pro Rac
American Motorcyclist Association Approves Sale Of AMA Pro Racing To Daytona Motorsports Group
PICKERINGTON, Ohio--The American Motorcyclist Association (AMA) announced today that the Association's Board of Directors has unanimously approved the final agreement regarding the sale of certain of its AMA Pro Racing properties to the Daytona Motorsports Group (DMG) based in Daytona Beach, Florida. Under the terms of the sale, DMG will own the sanctioning, promotional and management rights to AMA Pro Racing. The sale does not include the rights to the AMA Supercross and AMA Arenacross Series, which are held by Live Nation and will continue to be sanctioned by the AMA. The AMA and DMG will provide additional information in a joint announcement at a later date. About the American Motorcyclist Association Since 1924, the AMA has promoted and protected the motorcycling lifestyle. AMA members come from all walks of life and they navigate many different roads on their journey to the same destination: freedom on two wheels. As the world's largest motorcycle organization with nearly 300,000 members, the AMA advocates for motorcyclists' interests in the halls of local, state and federal government, the committees of international governing organizations and the court of public opinion. Through member clubs, promoters and partners, the AMA sanctions more motorsports competition events than any other organization in the world. Through the Motorcycle Hall of Fame Museum, the AMA preserves the heritage of motorcycling for future generations. For more information, visit www.americanmotorcyclist.com. Read More | Digg It | Add to del.icio.us Click here for full story...
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