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IRG Sports and Entertainment

IRG Sports + Entertainment™ Names John Hill as Managing Director

JUPITER, FL – IRG Sports + Entertainment™ (IRG) is pleased to announce the recent appointment of John Hill to IRGthe Board of Directors as Managing Director.

In his new role, John assists in integrating and communicating with executive teams as IRG makes new acquisitions. He provides introductions and access to motorsports entities, including manufacturers, throughout the motorsports world. In addition to consulting the IRG properties, he helps oversee IRG, and affiliated entities’, growth and expansion plans.

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IRG Sports + Entertainment™ Announces Key Staffing Promotions

Company Promotes Leadership Team and Aligns Organization for Future Growth

JUPITER, FL – IRG Sports + Entertainment™ (IRG), the parent company of multiple motorsports properties and the IRGInternational Hot Rod Association™ (IHRA), is pleased to announce the promotions of Manfred Eissner as Director of Creative & Corporate Marketing, and Shayna Keller as Director of Public Relations & Corporate Communications; effective immediately.

Manfred has been with IRG since December 2013 as Art Director, overseeing the branding and design campaigns for IRG companies. He most recently designed and developed the new Nitro Jam™ and IRG websites. Manfred has over 10 years of experience in website design and development, marketing, and design production. He and his family reside in Delray Beach, Fla., and in his spare time, Manfred can be found road course racing and go kart racing.

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IRG SPORTS + ENTERTAINMENT ANNOUNCES MAJOR FINANCING DEAL WITH TPG SPECIALTY LENDING AND ACQUISITION OF TWO NEW TRACKS

JUPITER, FL – IRG Sports + Entertainment™ (IRG) President & CEO, Jason Rittenberry, announced today that the Company has entered into IRGa 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 addition of Cordova adds to the existing stable of motorsports assets owned by IRG, which includes the 44-year old sanctioning body, the International Hot Rod Association™ (IHRA), previously purchased from Feld Motorsports, and venues Palm Beach International Raceway™ in Jupiter, FL, Memphis International Raceway™ in Memphis, TN and Southwestern International Raceway™ (SWIR) in Tucson, AZ .

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