Youthstream Press Release

Youthstream, which promotes the
World Motocross Championships on behalf of the Federation
Internationale de Motocyclisme (FIM), confirmed that agreements are in
place for the 62nd Annual Motocross of Nations to be held at Budds
Creek (Maryland) Motocross Raceway on the weekend of September 21-23,
2007. This will mark just the second time that the famed event will
have been held in the United States, and only its fourth appearance
outside of Europe.

The FIM Motocross of Nations is a competition for national teams often
referred to as the olympics of motocross by fans of off-road
motorcycling. The event typically attracts 30-plus national teams, with
Great Britain, Belgium and the United States the traditional powers.
Those three countries have combined to win 46 of the 60 Motocross of
Nations heading into the 2006 renewal at Matterley Basin near
Winchester, England, this fall.

America’s only previous experience hosting the Motocross of Nations
came in 1987, when Team USA scored a hard-earned victory in difficult
muddy conditions at New York’s Unadilla Valley Sports Center. That
victory came during an unprecedented 13-year American win streak that
lasted from 1981-93.

“I am very pleased that we will present the 2007 Motocross of Nations
at Budds Creek,” said Youthstream President Giuseppe Luongo. “It’s
great to have the strong backing of the FIM and the American
Motorcyclist Association (AMA) at one of America’s finest motocross
circuits. The friendly rivalries created by the Motocross of Nations
are something really special, and we invite motocross fans from
throughout the world to come to Budds Creek and cheer for their teams.”

For event promoter and Budds Creek Raceway owner Jonathan Beasley, the
event represents “a lifelong dream” and the biggest challenge ever for
a track that has hosted numerous high-visibility events including FIM
Grand Prix, AMA Nationals, AMA Amateur National Qualifiers and
All-Terrain Vehicle Association Nationals.

“My staff and I are thrilled to have this opportunity and determined to
make the event a memorable one,” Beasley added. Budds Creek Motocross
Raceway is located just 35 miles south of the nation’s capital of
Washington, D.C. in rural Maryland.

The Motocross of Nations will be sanctioned by the FIM with the AMA as
the host federation. FIM Motocross Commission President Wolfgang Srb
and AMA President Robert Rasor, who is also an FIM Vice President,
expressed enthusiasm about the announcement.

“I am sure that fans not only in the USA but worldwide will be happy
that the world’s most prestigious motocross event will be held at Budds
Creek,” Srb said. “The Motocross of Nations is the showcase of our
sport and deserves to be staged on the best circuits of the world. The
FIM congratulates all the partners who concluded this deal.”

“The AMA is excited to help bring the Motocross of Nations back to
America on the 20th anniversary of AMA Team USA’s victory in New York,”
Rasor said. “Budds Creek Raceway is a proven grand prix circuit and
will be an excellent venue. We look forward to welcoming teams from
throughout the world to the USA in September of 2007.”

“We announced in May of 2005 that Heartland Media and Events had been
retained to begin work on this project,” said Youthstream’s Luongo. “A
number of venues were consulted, but Budds Creek Raceway was our first
and our favorite possibility. The close relationships among Bill Amick,
Jonathan Beasley and the AMA made it possible to solve the negotiations
with minimum difficulty. Now, along with the FIM we can focus on the
job of making the event a great success.”

“It’s a privilege to play a role in this project,” Amick said, “and we
intend for the 2007 Motocross of Nations to usher in an era in which
the event will occur more frequently on this side of the Atlantic. As
the FIM and Youthstream move forward and motocross becomes more and
more a global sport, we can build upon traditional rivalries and
cultivate new ones with the active involvement of all of the FIM’s
Continental Unions.”

A number of physical upgrades are already in progress at Budds Creek
Raceway in preparation for its traditional AMA National Championship
event on Father’s Day weekend, as well as the 2007 Motocross of Nations.


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