Arena Racing™ Press Releases

Richmond, VA - June 25, 2009

Arena Racing USA® and SportsQuest announced today they have reached an agreement to launch indoor stock car racing within the Richmond, VA market.

Arena Racing USA® is a unique indoor half scale stock car racing series, which is poised for explosive growth over the next few years both domestically and internationally. Arena Racing USA® is backed by an exceptional investor group that includes Joe Gibbs of Joe Gibbs Racing, Tom and Norm Miller of Interstate Batteries, and Gary Becker formerly of PACE Entertainment. Its seasoned leadership team includes Bob Keane, CEO and Ricky Dennis the founder of Arena Racing USA®.

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In the near future, Arena Racing USA will announce expansion plans for the 2009/10 season which could include launches in up to five additional cities.

"Expansion plans require continued focus on market development, license support, league development and internal operations, and therefore it is essential Arena Racing USA focus its resources on these efforts," said Bob Keane, CEO of Arena Racing USA®.

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TagBrand Management, LLC ("TagBrand") and Arena Racing USA, the nation’s premier indoor stock car sport, jointly announced today that the parties have signed a Master License Agreement that recognizes TagBrand as the "Preferred Licensing Agent" in the Pacific Northwest and allows TagBrand to sell and market Arena Racing USA licenses within the continental United States.

Richmond, Virginia, and Boise, ID (PRWEB) July 14, 2008 – Arena Racing USA and TagBrand announced today the signing of a Master License Agreement. TagBrand was recently formed by a consortium whose combined capabilities are ideally suited to support Arena Racing USA as it emerges as a global, brand-driven media platform. TagBrand’s executives include Paul Thornton, Cord Pereira and Brad Surkamer, who will also draw upon their established organizations including Thornton and Group, BrandEntertain and Closed Loop Marketing.

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TEMPE, Ariz.--(Business Wire)-- Global Entertainment Corporation (AMEX: GEE) - a company engaged in sports management, arena and related real estate development, facility and venue management and marketing, venue ticketing and brand licensing, announced today that it has entered into a Master License agreement that awards Global exclusive rights to sell and market Arena Racing USA Licenses within the western United States. Arena Racing USA, founded in 2002, is the nation's newest league sport that offers family-friendly and affordable entertainment in a very competitive indoor racing environment and has established markets in Hampton Roads-Norfolk, Virginia and Charlotte, North Carolina. Global's established base in the central and western U.S. market provides broad expansion opportunities to accelerate Arena Racing's league development activities. Global's initial focus will be in strategic markets where one of its subsidiary companies, Western Professional Hockey League, operates the existing Central Hockey League's 16 franchise teams and the arenas that are currently managed by Encore Facility Management, another Global subsidiary company. The agreement is primarily focused on Global markets, however does not limit Global's licensing rights as it expands into new markets.

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Arena Racing USA today announced that Robert M. Keane has joined as President and CEO to enhance the management team. The investor group consisting of Joe Gibbs of Joe Gibbs Racing, Tom and Norm Miller of Interstate Batteries, Gary Becker of PACE Entertainment and founder Ricky Dennis believe with Mr. Keane's leadership Arena Racing USA will fulfill the goal of bringing auto racing to the masses; making it affordable, competitive, fun and profitable in arenas nationwide.

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