Pikes Peak International Raceway To Be Sold To International Speedway FOUNTAIN, Colo. Pikes Peak International Raceway (“PPIR”) today announced that it has entered into an agreement to sell its assets to Rocky Mountain Speedway Corporation, a wholly-owned subsidiary of International Speedway Corporation (“ISC”). Closing of the transaction is expected within the next week, and financial terms were not disclosed. ISC will honor all of PPIR’s currently scheduled community uses and rentals through October 31, 2005. After that date, ISC expects to close the facility and begin to market the approximate 1,200-acre parcel for sale. ISC plans to petition NASCAR to realign PPIR’s NASCAR Busch Series event to Martinsville Speedway for 2006. In addition, ISC intends to relocate certain PPIR fixed assets to other racing venues in its portfolio. These assets include grandstand seating, furniture and other equipment and structures that can be utilized for future ISC expansion projects. “While our time in the world of racing is coming to an end, I am very proud of the positive impact we made on motorsports in Colorado and for the economic impact we have made on the local economy,” said PPIR President Rob Johnson. “I have worked with a group of the most dedicated people I’ve ever met and will always have fond memories of my experiences at PPIR.” PPIR’s 16 permanent employees will be given severance packages and a handful will assist in closing the facility. In its nine years of existence, PPIR hosted NASCAR, IRL, AMA, SCCA, USAC and IMSA-sanctioned events. The track also blended motorsports with live music and entertainment, with appearances by Martina McBride, Tracy Lawrence, Jeff Foxworthy, Robbie Knievel, Hootie and the Blowfish and Big Head Todd and the Monsters. In addition, the track also hosted numerous public and private driving schools and racing clubs.