Speedway Motorsports, Inc. (NYSE: TRK) (the “Company”) is initiating an offering, subject to market and other conditions, of an additional $100 million of 6¾% Senior Notes due 2019 (the “Additional Notes”). The Company intends to use the proceeds from the offering to repay $95 million of outstanding term loans under the Company’s existing credit facility, representing all facility borrowings outstanding, with the balance for general corporate purposes. The Company issued $150.0 million principal amount of 6 ¾% Senior Notes due 2019 on February 3, 2011 (the “Existing Notes”), which were exchanged for registered notes in May 2011. The Additional Notes and the Existing Notes will have the same terms and ranking and will be treated as a single class for all purposes under the indenture (including, without limitation, waivers, amendments, redemptions and other offers to purchase). The Additional Notes will be offered and sold to “qualified institutional buyers” in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Additional Notes will be guaranteed on an unsecured, senior basis by each of the Company’s operative subsidiaries, except for Oil-Chem Research Corporation and its subsidiaries. The Additional Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. This press release will not constitute an offer to sell or a solicitation of an offer to purchase the Additional Notes or any other securities, and will not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.