Comprised of the premier national Chevrolet, Ford and Mopar branded competitive automotive events, the Manufacturers Series welcomes Tucson’s Southwestern International Raceway (SWIR) as the latest host track to join the Series schedule in 2015. The 110-acre drag racing facility located at the Pima County Fairgrounds will feature a spectacular car show, lightning-fast drag racing, manufacturers’ midway and swap meet for each of the “Big Three” American brands.
IRG Sports + Entertainment™ (IRG) President & CEO, Jason Rittenberry, announced today that the Company has entered into a finance agreement with TPG Specialty Lending (NYSE:TSLX), the publicly traded affiliate of TSSP, the credit and special situations investment platform of TPG. The new credit facility is replacing IRG's existing debt facilities on all companies, make capital improvements to existing assets owned by the Company and to close on the acquisition of Cordova Dragway Park in Cordova, Illinois (to be rebranded as Cordova International Raceway™ (CIR), that was announced in late 2013. The TPG facility also provides the Company with funds to purchase an additional major motorsports venue, which the Company will announce in the coming weeks.
The International Hot Rod Association™ (IHRA) and IRG Sports + Entertainment™ are excited to announce the 2015 IHRA Nitro Jam Drag Racing Series (NJDRS) schedule. The 12-race, 2015 IHRA Nitro Jam Drag Racing Series North American Tour will include a number of traditional favorites, plus two new stops in Ohio and Washington as the series travels to nine states and Canada, making the IHRA one of the only truly international motorsports series.