American Motorcyclist Association approves sale of AMA Pro Racing to Daytona Motorsports Group
American Motorcyclist Association approves sale of AMA Pro Racing to Daytona Motorsports Group
Press Release Issued By the American Motorcyclist Association (July 10, 2008)
PICKERINGTON, Ohio--The American Motorcyclist Association (AMA) announced today that the Association's Board of Directors has unanimously approved the final agreement regarding the sale of certain of its AMA Pro Racing properties to the Daytona Motorsports Group (DMG) based in Daytona Beach, Florida.
Under the terms of the sale, DMG will own the sanctioning, promotional and management rights to AMA Pro Racing. The sale does not include the rights to the AMA Supercross and AMA Arenacross Series, which are held by Live Nation and will continue to be sanctioned by the AMA.
The AMA and DMG will provide additional information in a joint announcement at a later date.
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