PALM BEACH INTERNATIONAL RACEWAY

PRESS RELEASE

PALM BEACH INTERNATIONAL RACEWAY NAMED ONE OF THE TOP 3 FINAL

ISTS IN VENUE

EXCELLENCE BY THE INTERNATIONAL ASSOCIATION OF VENUE MANAG

ERS

JUPITER, FL – July 29, 2013 –

Palm Beach International Raceway™ (PBIR) was honored as one

of the top 3

finalists in the category of stadiums at the 2013 Venue Excel

lence Awards luncheon held in New Orleans,

Louisiana. The Awards were presented on July 29, 2013, at Ven

ue

Connect

, the International Association of Venue

Manager's (IAVM) 88th annual conference and trade show.

Jason Rittenberry, CFE, the chief executive officer for PBI

R attended the New Orleans conference to represent

the venue. "On behalf of my entire staff in South Florida, I am

truly honored to have Palm Beach International

Raceway named among the best venues in the country, and I cong

ratulate all the finalists and winners."

The other finalists in the category of stadiums were BC Place

in Vancouver, British Columbia, and the Georgia

Dome in Atlanta, Georgia, which won the Award.

These prestigious awards recognize venues such as stadiums

, convention centers, arenas, performing arts

centers, and academic institutions that demonstrate excel

lence in the following four criteria: service to the

community, team building/professional development, safe

ty and security, and operational excellence. The

criteria used to evaluate the venues are at the core of IAVM’s

mission, and are key components to the success

and vitality of the venue industry. A committee of industry l

eaders chose the finalist for each venue type, and

winners were approved by the IAVM Board of Directors. In its 8

8th year, the Association’s annual conference and

trade show is considered to be one of the largest venue indust

ry gatherings in the U.S. An estimated 1,600 venue

management professionals and exhibitors attended this yea

r’s conference.

ABOUT PALM BEACH INTERNATIONAL RACEWAY

Palm Beach International Raceway™ (PBIR) is a state-of-the

-art, acclaimed motorsports and entertainment

facility featuring a challenging 2.034-mile asphalt Road C

ourse, an exciting 1/4-mile concrete Drag Strip, and a

thrilling 8/10-mile Kart Track. Approved for Indy Car testi

ng, the 10-turn Road Course at PBIR consists of a

6/10-mile straightaway, 90-foot-wide flex-use area, 40- t

o 60-foot-wide seamless track, and a 6-degree banked

corner. The Road Course welcomes world-class annual events

including Formula Drift and the Palm Beach Grand

Prix. Designed by former NHRA World Champion Wayne McMurtry

, the Drag Strip at PBIR hosts such premier

events as the International Hot Rod Association’s Nitro Jam

™, Pro Winter Warm-Up, 5-Day Citrus Nationals, and

Super Chevy Show. Sanctioned by the World Karting Associati

on as a Master Track, the 12-turn, 26-foot-wide

Kart Track at PBIR hosts the Florida Winter Tour and conducts

karting schools, training courses, 3-hour

endurance races, auto crossing events, racing leagues, and

“arrive & drive” programs. Driving schools, testing

sessions, private rentals, and corporate team-building ev

ents are held at PBIR year-round. Founded in 1964 and

acquired in 2008 by IRG Sports + Entertainment™ (IRG), PBIR u

nderwent a $20 million remodeling including an

upgraded Road Course, low-glare lighting, safety barriers

, luxury chalet, VIP trailer and timing tower. Located in

Jupiter, Florida, PBIR is the official home of the Palm Beach

Driving Club®, MRP Motorsport, and Driven2Win

Drag Racing School. IRG also owns and operates Memphis Inter

national Raceway™and International Hot Rod