STATEMENT FROM MICHAEL SMITH, PRESIDENT SCRAMP BOARD OF GOVERNORS
The following is a statement from Michael Smith, president of the board of governors for the Sports Car Racing Association of the Monterey Peninsula (SCRAMP), regarding a partnership between SCRAMP and International Speedway Corporation (ISC):
SCRAMP has reached an agreement with International Speedway Corporation (“ISC”) to work jointly on a response to Monterey County’s Request for Proposal process for long-term concession management of Mazda Raceway Laguna Seca. ISC’s national scale and financial expertise combined with SCRAMP’s operational knowledge and many local charitable relationships create a unique synergy providing for the facility’s long-term stability. We believe strongly that together we can position Mazda Raceway Laguna Seca for success in today’s competitive racing environment.