iRacing.com and Speedway Motorsports, Inc. Announce Partnership: Legends Cars to be First Among SMI Properties Incorporated into High-tech Simulation

BEDFORD, MA (11 December 2006) iRacing.com Motorsport Simulations today announced a partnership with Speedway Motorsports, Inc. (SMI) that will see the Legends Cars of 600 Racing and all six SMI racetracks re-created in the ultra-realistic racing simulation under development at iRacing.com. The Legends Cars, 5/8-scale models of late-1930s era NASCAR Modifieds, will constitute the entry level of iRacing.com's oval-track racing ladder.

"The partnership with Speedway Motorsports is really a strategic alliance for us," said Brett Roubinek, chief operating officer for iRacing.com. "SMI is one of the major movers in U.S. motorsport, and its portfolio of companies includes six of the most significant facilities in racing and the largest mass producer of racecars in the world. We're looking forward to exploring the different ways that we can work together with SMI to enhance the experiences that both our companies provide to racers and race fans around the world."

iRacing.com's online racing simulation will offer unparalleled accuracy and realism and feature multiple ladders for advancement through the different disciplines of motorsport. Starting in 2007, drivers will be able to participate in racing schools, including a recently announced online version of the Skip Barber Three-day Racing School. Members will also be able to test a wide variety of cars on tracks around the world and compete in time trials, races and even season-long championships.

"iRacing.com is building a new branch of racing, and given our position in the sport, Speedway Motorsports wants to be a part of it," said H.A. "Humpy" Wheeler, president of SMI. "Many of the drivers are already using simracing as a training tool, and for the fans, it's a chance to actively participate rather than just watch. This partnership offers many new opportunities for us to engage with all of our customers, including sponsors, fans, teams and drivers."

The SMI iRacing.com partnership will kick off at the Performance Racing Industry trade show in Orlando, Fla., Dec. 1416, where a running prototype of a Legends Car simulation will be unveiled. Visitors to 600 Racing's display (Booth #980) will be able to see the prototype in action, and invited guests will have a chance to test drive the virtual Legends Car on Lanier National Speedway. A second demonstration of the iRacing.com simulation will be featured in the Virginia International Raceway display (Booth #713) at the PRI show. Invited guests will test drive a Skip Barber R/T 2000 formula car on VIR's 3.2-mile road course.