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Spire Capital Partners and PBR pleased to announce completion of landmark partnership

COLORADO SPRINGS, Colo. (April 23, 2007) – Spire Capital’s investment in the PBR was completed this afternoon. The regulatory approval and closing of the transaction was made official today following the April 12 vote of the current shareholders of the PBR. Spire has now become the majority investor in the leading global professional bull riding organization.

 “We are thrilled to be partners with Randy Bernard, Ty Murray, Tom Teague and all of the Directors of the PBR who will continue as meaningful shareholders,” said Rick Patterson, a managing member of Spire Capital Partners. “It is exciting that more than 15 of the leading active riders will be shareholders, continuing the tradition started by the cowboys in 1992. These men have created one of the great sports franchises in America’s history.”

Announcing the closing of the partnership, Randy Bernard, Chief Executive Officer of PBR, stated, “We are very excited about the progress the sport has made in the last 15 years but even more excited about the direction for the next 15 years. This affiliation with Spire Capital Partners is going to allow us to set the bar for professional bull riding even higher.”

Headquartered in Colorado Springs, Colo., PBR was founded in 1992 by 20 accomplished bull riders who had a vision to make bull riding a stand-alone sport.  PBR currently operates four domestic tours, including the Built Ford Tough Series presented by Wrangler, U.S. Smokeless Tobacco Company Challenger Tour, Enterprise Rent-A-Car Tour and Discovery Tour, and has a rapidly growing presence in international markets, including Brazil, Mexico, Australia and Canada.  The strength of the PBR brand and the loyalty of the fan base have enabled the PBR to attract an impressive roster of blue-chip sponsors and partners.  PBR’s competitions can be viewed regularly on its cable channel partner, VERSUS, every Saturday and Sunday at 8:00 p.m. ET.  In addition, the PBR will have eight events televised on the FOX and NBC networks in 2007.

Terms of the transaction will not be disclosed.

 
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The Chihuahua Challenge is expanded to 3 days and tickets are on sale NOW!

COLORADO SPRINGS, Colo. (April 24, 2007) – The toughest sport on dirt returns to Chihuahua’s Manual Bernardo Aguirre Gymnasio for another wild ride on August 24-26.  It’s the Professional Bull Riders (PBR) Chihuahua Challenge, stop number 23 on the elite Built Ford Tough Series presented by Wrangler.  After the overwhelming response in 2006, the Chihuahua Challenge has been expanded to a three-day bull riding extravaganza.  Tickets for the Chihuahua Challenge go on Tuesday, April 24.  U.S. residents should call 011 52 55 5133 6470 for more information.

For the second consecutive year, the PBR will wow its Mexican fans with the planet’s top 45 bull riders and the best bulls the world has to offer.    Brazilian superstars 3-time PBR World Champion Adriano Moraes (Sao Paulo) and Guilherme Marchi (Sao Paulo) are expected to compete, along with 2005 PBR World Champion Justin McBride (Elk City, Okla.), and the 2006 Chihuahua Challenge event champion Wiley Petersen (Fort Hall, Idaho).  2006 PBR Mexico Finals event champion Rocky McDonald of Juarez, Mexico is expected to be in attendance also.

“The Chihuahua Challenge was voted by the PBR bull riders themselves as the best event of the 2006 season,” said PBR CEO Randy Bernard.  “We are very excited to be returning to Chihuahua and expanding our performance to three days.   Now even more U.S. and Mexican PBR fans will have the opportunity to enjoy our show.”

Tickets for the Chihuahua Challenge start at 250 pesos (approximately $22.50 U.S.) and 100 pesos for children and will be sold in Mexico through Ticketmaster.com.mx and all Liverpool and Mix Up store locations. U.S. residents can purchase tickets by calling 011 52 55 5133 6470.

All 2007 Built Ford Tough Series events are broadcast on VERSUS.  This year’s Chihuahua Challenge will air at 9:00 p.m. ET on VERSUS on Saturday, August 25 and will be broadcast at 8:00 p.m. ET on Sunday, August 26.  Please check your local listings or www.pbrnow.com for more details and additional broadcast times.

 

NASCAR’s two best winged sprint car racers set to duel at the Grove in an All-Star 360 race to benefit the Kasey Kahne Foundation.

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Williams Grove Speedway, Pa. On Wednesday, June 27, Dave Blaney, NASCAR Nextel Cup Series driver of the #22 Caterpillar Toyota and winner of over 180 winged sprint car series races including the 1995 World of Outlaw Series Championship is set to join NASCAR’s Kasey Kahne, driver of the #9 UAW Dodge Dealers Dodge at Williams Grove Speedway in a race to determine stock cars best wing sprint car racer.  Kahne, who grew up watching Blaney while also starting his career racing winged sprint cars, will headline a field consisting of  the URC Sprint Car Series and Williams Grove regulars.  The Kasey Kahne Foundation 358 / URC Shootout at the Williams Grove Speedway in Mechanicsburg, Pennsylvania will feature forty of the premier sprint car racers in the Pennsylvania area as they square off against stock cars two premier winged sprint car racers. 

 

“I am honored that Dave Blaney will be joining me as we set to do battle against Pennsylvania’s best winged sprint car drivers at the Grove, one of the premier sprint car venues in the world.  This is the first time that Dave and I have headlined a wing sprint car event and I am hoping to begin closing the win gap that he has over me”, said Kahne.     

 

“Kasey continues to make the sprint car community proud by going back to his roots promoting events, racing and owning short track teams. There has always been a lot of talent racing at the Grove and therefore Kasey and I will have our hands full, but you can guarantee we will put on a great show for the fans”, stated Blaney.

 

In addition to what surely will be a great night of entertainment, all of the proceeds will benefit the Kasey Kahne Foundation.  The Kasey Kahne Foundation supports disadvantaged youth and chronically ill children and their families.   “Williams Grove has great history, awesome fans and a lot of talented racers.  I’m definitely looking forward to a fun night that will proudly benefit many children and their families”, said Kahne.       

 

Tickets for this event will go on sale beginning Tuesday, May 1 at the Williams Grove Speedway office. Purchasing advance tickets provides entry into a drawing that will pick 150 lucky fans for an autograph session with Kasey Kahne and Dave Blaney. The closed autograph session will begin at 4 PM.   For more information log on to KaseyKahneFoundation.Org or WilliamsGrove.Com

 

About the Kasey Kahne Foundation:  The Kasey Kahne Foundation, a not-for-profit 501(c)3, was created by NASCAR driver Kasey Kahne to raise and donate funds to charitable organizations that care for chronically ill children and their families. Providing hope and encouraging creativity, dreams and imagination are a focal point as the KKF strives to improve the quality of life for those less fortunate. The KKF is dedicated to positive cultural changes by giving underprivileged boys and girls ample opportunities for success. Community involvement projects are valued as they have the chance to make a positive impact on a life.  http://www.KaseyKahneFoundation.org