"We are excited about the opportunities our
sponsorship
of the Blackhawk racing team will create for us," said Glenn W. Stallings, owner of Blackhawk and
Executive
Chairman of the Board of Directors of GAINSCO. Best. Darbelnet.
auto rosa
Stallings entered racing in 2001
as
an amateur racer in the Formula Atlantic class.M. "In addition, AAA's return to the industry they helped
develop
creates additional opportunities for the future growth of motorsports.
AAA exited motor
sports in the mid-1950's to concentrate on
providing quality automotive and travel services to a
rapidly
expanding membership, while introducing new membership benefits.com
International Speedway
Corporation is a leading promoter of
motorsports activities in the United States, currently promoting
more
than 100 events annually.pedro de
Anderson, President and Chief Executive Officer. In 2004 he won
the
national championship in that class by winning the Sports Car Club of America
National Championship
Runoffs(R) Presented by Kohler at Mid-Ohio Sports Car
Course.
Several individual AAA clubs continued
their involvement in racing at
the local level during this period.website interviews
GAINSCO Announces New Marketing
Program
GAINSCO is a growing company in the automobile insurance industry and
plans to
use the racing program as a central feature of its new "Are You
Driven?" marketing theme. The Company
's
nonstandard personal automobile insurance products are distributed through
retail agents in
Florida, Texas, Arizona, Nevada and California.
AAA is North America's largest motor club and membership
organization with more than 47 million members in the United States
and Canada. The not-for-profit
association is best known for its
legendary roadside assistance, comprehensive leisure travel services
,
and its advocacy of improved traffic safety and on other consumer
issues. Other track
ownership
includes an indirect 37.de official
(OTC Bulletin Board: GNAC) is pleased to announce it has signed on as primary
sponsor of Blackhawk Motorsports, who will be making its entry into
professional racing by fielding
a Daytona Prototype race car that will compete
in the Grand American Rolex Racing Series in 2005
.
The GAINSCO-sponsored Blackhawk #99 car is expected to be ready for
competition by the Laguna
Seca race in California at the end of April.
Motor Sports Writers/Business Editors/Travel Writers
ORLANDO, Fla.drivers formula
"We believe this sponsorship
will provide a unique platform for our Company
to build brand awareness and
advance our distribution strategies." The Grand
American Rolex Racing
Series schedule includes races in key states where
GAINSCO is targeting growth opportunities. is
a Dallas, Texas-based holding company.
"Our organization was a major
force in the growth
and development of auto racing during the first
half of the twentieth century, and we look forward
to working with ISC
to further extend the enthusiasm and fan base for professional auto
racing
in the twenty-first century. For more information, visit the Company's Web
site at http://www.com
de rosa
The Company's sponsorship agreement also contains provisions
protecting the Company
's interests, including a termination provision that
permits the Company unilaterally to terminate
the agreement at any time.aaa.auto motorsports
and MGA Insurance Company, Inc. These factors include, but are
not
limited to, (a) heightened competition from existing competitors and new
competitor entrants into
the Company's markets, (b) the extent to which market
conditions firm up, the acceptance of higher
prices in the market place and
the Company's ability to realize and sustain higher rates, (c) the
Company's
ability to successfully expand operations to new states, (d) contraction of
the markets
for the Company's business, (e) the Company's ability to invest in
new endeavors that are successful
, (f) the effect of the Company's early
termination of the Blackhawk Motorsports sponsorship agreement
, and (g)
general economic conditions, including fluctuations in interest rates.AAA Returns to Racing
as ``Official Auto Club'' of International Speedway Corporation Facilities
"
"This partnership
brings together AAA's nationally recognized
brand and loyal customers with ISC's premier motorsports
events and
venues throughout the country," said Lesa France Kennedy, President of
ISC.news de
Its primary
insurance subsidiaries are General Agents Insurance Company of America, Inc.
Investors are cautioned
that important factors, representing certain risks and
uncertainties, could cause actual results
to differ materially from those
contained in the forward-looking statements. The motorists' organization
will be the "Official Auto Club" at eleven tracks owned and/or
operated by International Speedway
Corporation (Nasdaq:ISCA) (ISC),
which host NASCAR Nextel Cup Series and Indy Racing League (IRL
)
events. AAA also offers members a broad range of discounts through its
"Show Your Card" program
, as well as insurance and financial products.one website
Drivers for the Blackhawk race team for 2005 will
be Alex Gurney, son of
racing legend Dan Gurney, and Robert W.
Grand American Road Racing
Association was established in 1999 to bring
stability to professional endurance road racing in America
.motorsports sports
We have a renewed focus at GAINSCO after
our recent restructuring, and we believe this integrated
marketing program
will be an exciting component of our business development plan.de la
DALLAS, GAINSCO
, INC. Please refer to the Company's recent SEC filings for
further information regarding factors
that could affect the Company's results. The Company owns and/or operates 11 of the
nation's major
motorsports facilities, including Daytona International
Speedway in Florida (home of the Daytona
500); California Speedway
near Los Angeles; and Homestead-Miami Speedway in Florida.news drivers
Gurney has
been
racing professionally since 1997 both here in the United States and
internationally and has
won numerous races.
AAA clubs can be visited on the Internet at http://www.sports rosa
, both of which are currently
rated "B-"
(Fair), with a stable outlook, by A. A
forward-looking statement is relevant only
as of the date the statement is
made and the Company undertakes no obligation to update any forward
-looking
statement to reflect events or circumstances arising after the date on which
the statement
was made.----AAA, the
organization that helped pioneer and officiate motor sports in the
United
States until 1955, announced today its return as a major
participant in professional auto racing
.
"AAA's reentry to the world of motorsports is an exciting and
historic event for our members
and for race fans everywhere," said AAA
President and CEO, Robert L.5% interest in Raceway Associates
,
LLC, which owns and operates Chicagoland Speedway and Route 66 Raceway
near Chicago, Illinois
.official drivers
Since then, the
Rolex Sports Car Series has established itself as a progressive professional
racing
program.
Statements made in this release that are qualified with words such as
"plans
to use," "believe," and "expected" are forward-looking statements."
As part of its agreement with
ISC, AAA's well-known and respected
logo will appear on track safety and recovery vehicles, as well
as on
track signs, in racing programs, and in other promotional venues.
Tracks will provide space
for local AAA clubs to display and present
membership services to race fans, and AAA will also offer
complimentary roadside assistance services to fans during event
weekends at ISC tracks.iscmotorsports
.polls la
GAINSCO's sponsorship of Blackhawk Motorsports runs through January 2006
and provides that
the Company will receive various benefits customary for
sponsors of Daytona Prototype Series racing
teams, including rights relating
to signage on team equipment and access for clientele to certain
race
facilities.
We are committed to working closely with AAA to help them realize the
maximum
benefits from our relationship.racing la
GAINSCO, INC.drivers news
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