RIVERSIDE MOTORSPORTS PARK APPROVED FOR DEVELOPMENT IN MERCED COUNTY

Source: Jeanne Harper Condren
Date: 12/21/2006

ATWATER, California -- Riverside Motorsports Park, LLC (RMP) announces that the company has received project approval and the entitlements to proceed toward the construction of Riverside Motorsports Park on 1200 acres adjacent to Castle Airport in Merced County, near the city of Atwater. Master Plan approval of the project was delivered in the December 19 vote of the Merced County Supervisors. This followed the Supervisors’ December 12 vote to certify the project’s 10,000-page Environmental Impact Report, which was prepared under the direction of Merced County, in compliance with the California Environmental Quality Act (CEQA), by lead consultant EDAW, Inc. of Sacramento, Calif.

With County approval attained, the company is immediately addressing the completion of the required Development Agreement with the County of Merced and the detailed engineering required for construction. “Ground breaking will likely occur some time after midyear 2007,” said Mark Melville, RMP Vice President of Operations.

Headquartered in Atwater, Riverside Motorsports Park was founded more than six years ago by CEO John Condren, entrepreneur and businessman. The project team assembled for the construction phase of the project includes the Fluor Corporation, Granite Construction Company, Rex Moore Electric and Golden Valley Engineering. ABOUT RIVERSIDE MOTORSPORTS PARK

Riverside Motorsports Park, LLC is a California company dedicated to the development of a world-class motorsports and regional family recreation center in Northern California. Currently in development in Merced County, the 1,200-acre Riverside Motorsports Park plans to support every form of automobile, truck, motorcycle and kart racing; and club-based and professional motorsports sanctioning organizations across the United States. Eight different tracks to be located in one landscaped, park setting include the following:

3.5-mile, multi-configuration road course for sports cars, endurance and open-wheel racing

5,000-foot drag strip

Integrated 1/3- and 1/2-mile, banked paved oval tracks for stock cars and sprint cars

3/8- and 1/8-mile integrated dirt oval tracks for motorcycle, stock car, sprint and midget racing

3/4-mile, multi-configuration kart course for sprint and shifter karts

1/2-mile motocross and BMX course

1-mile off-road circuit

Northern California’s first world-class oval speedway (7/8-mile) for major stock car and open-wheel racing series

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