• ADVERTISE IN RPM
  • PRIVACY POLICY
  • CONTACT
  • SITEMAP
Thursday, March 30, 2023
  • Login
RPM Magazine
Advertisement
Trulli
  • HOME
    • EDITOR’S RANT
    • EVENTS
      • RPM EVENTS
      • YELLOW BULLET NATIONALS
    • IN THIS ISSUE
    • INDUSTRY NEWS
    • CONTACT US
    • PRIVACY POLICY
  • READ RPM MAG
  • READ FEATURES
    • FEATURES VIEW ALL
    • FEATURE TECH SHEET
    • AMC
    • DATSUN
    • CHEVY
    • FORD
    • HONDA
    • MOPAR/DODGE/CHRYSLER/PLYMOUTH
    • OLDSMOBILE
    • PONTIAC
    • TRUCKS
    • OTHER BRANDS
  • PROJECTS/BUILDS
    • BRONCO UNTAMED PROJECT – RPM
    • GLENN HUNTER ’56 BEL AIR CHANGE UP
    • COPO CAMARO PROJECT – RPM
    • PACE CAR/RACE CAR PROJECT – RPM
    • PROJECT 4 LUG THUG – RPM
    • RED BULL – SHANNON POOLE REBUILD
    • TRICK OUT YOUR TRUCK
    • WORLD DOMINATION – RPM
  • TECH & PRODUCTS
    • SHOP TALK
    • TECH
    • TOOLS & EQUIPMENT
  • TRUCKS
    • BRONCO UNTAMED PROJECT
    • TRICK OUT YOUR TRUCK
  • VIDEOS
  • RPM WALLPAPER
  • SUBSCRIBE TODAY!
  • HOME
    • EDITOR’S RANT
    • EVENTS
      • RPM EVENTS
      • YELLOW BULLET NATIONALS
    • IN THIS ISSUE
    • INDUSTRY NEWS
    • CONTACT US
    • PRIVACY POLICY
  • READ RPM MAG
  • READ FEATURES
    • FEATURES VIEW ALL
    • FEATURE TECH SHEET
    • AMC
    • DATSUN
    • CHEVY
    • FORD
    • HONDA
    • MOPAR/DODGE/CHRYSLER/PLYMOUTH
    • OLDSMOBILE
    • PONTIAC
    • TRUCKS
    • OTHER BRANDS
  • PROJECTS/BUILDS
    • BRONCO UNTAMED PROJECT – RPM
    • GLENN HUNTER ’56 BEL AIR CHANGE UP
    • COPO CAMARO PROJECT – RPM
    • PACE CAR/RACE CAR PROJECT – RPM
    • PROJECT 4 LUG THUG – RPM
    • RED BULL – SHANNON POOLE REBUILD
    • TRICK OUT YOUR TRUCK
    • WORLD DOMINATION – RPM
  • TECH & PRODUCTS
    • SHOP TALK
    • TECH
    • TOOLS & EQUIPMENT
  • TRUCKS
    • BRONCO UNTAMED PROJECT
    • TRICK OUT YOUR TRUCK
  • VIDEOS
  • RPM WALLPAPER
  • SUBSCRIBE TODAY!
RPM Magazine
Home EVENTS

PALM BEACH AND MEMPHIS RACEWAY OWNERSHIP GROUP ACQUIRES INTERNATIONAL HOT ROD ASSOCIATION® (IHRA)

TLB by TLB
January 29, 2013
in NEWS
0
PALM BEACH AND MEMPHIS RACEWAY OWNERSHIP GROUP ACQUIRES INTERNATIONAL HOT ROD ASSOCIATION® (IHRA)
0
SHARES
57
VIEWS
Share on FacebookShare on Twitter https://rpmtrish.tumblr.com/

Jupiter, Fla. (January 29, 2013) – IHRA Entertainment, LLC, a newly formed corporation held by the ownership group of Palm Beach International Raceway™ and Memphis International Raceway™, announced today its acquisition of the International Hot Rod Association® (IHRA), which was majority-owned by Feld Motor Sports®, a division of Feld Entertainment, Inc. The new ownership group will immediately take over management of the 43 year old organization and operate as IHRA Motorsports™.

The acquisition includes 100 percent of the IHRA assets, including the sanctioning body, the Nitro Jam® series, the Thunder Jam® series, the Summit® Pro Am series, the Summit® Super Series program and Drag Review Magazine®.

The ownership group is led by managing partners, Michael Dezer of Dezer Properties and Joseph Lubeck of Landmark Apartment Trust of America, Inc., Edward Kobel of DeBartolo Development, and Jason Rittenberry, President & CEO of the parent company. In 2008, the group purchased the former Moroso Motorsports Park and have since invested over $30 million in the redevelopment of the multi-track venue in Jupiter, Florida. In 2011, they acquired the former Memphis Motorsports Park from Dover Motorsports, Inc. (NYSE: DVD).

Rittenberry will serve as Chief Executive Officer of IHRA Motorsports, while Aaron Polburn will remain as President and General Manager, and Skooter Peaco will continue as Vice President of Race Operations. IHRA Motorsports will continue operations at their Norwalk, Ohio headquarters, and maintain the management team, sponsor partners and sanctioned track partners.

The 2013 IHRA schedule previously announced will remain in place with the Summit® Racing Equipment World Finals for all IHRA categories being held at the Company’s Memphis International Raceway™. Several events will be added to the Nitro Jam® schedule, including a return to the Company’s Palm Beach International Raceway™.

“Today is a landmark day for our Company, the ownership group and the IHRA,” said Jason Rittenberry, CEO of IHRA Entertainment. “IHRA has shown that their entertainment business model is viable and the company can grow. We want to build on the foundation that IHRA has built over the past 40 years and provide the structure and resources it needs to be successful long term in this new motorsports environment.”

“This is a very exciting time for IHRA. We now have a team whose total focus is on IHRA, Nitro Jam® and Thunder Jam®,” said Aaron Polburn, President & General Manager of IHRA Motorsports. “These are incredibly successful guys who will bring a unique vision along with the resources to grow all facets of our business. They are also “car guys” who have a passion for all forms of motorsports.  That is a combination that will serve us well in the coming years. This is a great time to be an IHRA fan, racer, sponsor or member track.”

“Our business has evolved to focus more on other Feld Motor Sports productions like Monster Jam® and Nuclear Cowboyz®, so we are pleased that IHRA’s new owners will be able to expand its offerings and maintain the high event quality for which the brand is known,” saidCharlie Mancuso, President of Feld Motor Sports.

IHRA Motorsports currently sanctions over 100 drag racing venues in six divisions throughout the United States and Canada and has over 12,000 racer members. They promote two national series – Nitro Jam® and Thunder Jam®. The Company also owns and publishes Drag Review Magazine®, a monthly full color magazine covering the IHRA events, racers, partners and tracks.

For the acquisition of IHRA Motorsports, Murray D. Schwartz, Esq. served as outside legal counsel for IHRA Entertainment, LLC and Michael F. Rogers, Esq., Gardere Wynne Sewell, LLP served as outside legal counsel to Feld Entertainment, Inc. Foros Group acted as financial advisor to Feld Entertainment, Inc.

Tags: featuredfull imageIHRAIHRA MotorsportsIHRA SaleRPM MagazineSummit Racing
TLB

TLB

SUBSCRIBE TO RPM
READ THE MARCH ISSUE!
SUBSCRIBE TO RECEIVE THIS ISSUE IN YOUR INBOX

Subscribe to Receive Press Releases


Loading

FEATURES

RPM Mag Releases March 2023 Issue

RPM Mag Releases March 2023 Issue

by TLB
February 25, 2023
0

The March 2023 Issue of RPM Magazine has been released.  Below you can view a Sample copy to see who...

Read the RPM Magazine Full February 2023 Issue

Read the RPM Magazine Full February 2023 Issue

by TLB
February 10, 2023
0

Check out who is in the February 2023 issue of RPM Magazine here.  Subscribe today to receive this copy in...

TERMINATOR – Tommy Bauerlien

TERMINATOR – Tommy Bauerlien

by TLB
February 6, 2023
0

This boosted small block Cobra is ready for action….Cobra branding started back in the 1960s and ran with the Mustang...

TRUCKS AND MORE....!

7 Features You Must Have on Your Truck

7 Features You Must Have on Your Truck

by TLB
January 12, 2023
0

Trucks offer increased capability when it comes to hauling and towing, making them incredibly useful for those who need a...

RPM Magazine Installs Blue Ox Tow Bar System on Project BRONCO UNTAMED

RPM Magazine Installs Blue Ox Tow Bar System on Project BRONCO UNTAMED

by TLB
December 9, 2022
0

The RPM Magazine team has been excited to get to work on our Untamed Bronco - 2022 Ford Bronco Big...

Derringer for 2022 Duramax L5P Now Available!

Derringer for 2022 Duramax L5P Now Available!

by TLB
February 7, 2022
0

Derringer for 2022 Duramax L5P powered 2500/3500 trucks is in stock and ready to ship. The inline tuner adds +81...

NEWS

CLEARSHOT CUSTOMS INSTALLS UPGRADES TO THE RPM MAGAZINE 2022 BRONCO AND THE RESULTS ARE INCREDIBLE!

RPM Magazine Goes On Adventure

by TLB
March 23, 2023
0

RPM Magazine had the opportunity to visit a huge Adventure park to test out the capabilities of the RPM Untamed...

RPM Mag Releases March 2023 Issue

RPM Mag Releases March 2023 Issue

by TLB
February 25, 2023
0

The March 2023 Issue of RPM Magazine has been released.  Below you can view a Sample copy to see who...

NDRL™ will add new classes for 2023

NDRL™ will add new classes for 2023

by TLB
February 21, 2023
0

NDRL™ (Nostalgia Drag Racing League) will add 10.50 & 11.00 indexes to PRO-COMP and PRO-GAS classes for 2023 January 9th,...

PROJECTS/BUILDS

Pace Car Race Car Project

Pace Car Race Car Project

by TLB
January 16, 2023
0

Over the past 22 years, in RPM MAG we have approached our projects and installs differently. We never throw out...

CLEARSHOT CUSTOMS INSTALLS UPGRADES TO THE RPM MAGAZINE 2022 BRONCO AND THE RESULTS ARE INCREDIBLE!

CLEARSHOT CUSTOMS INSTALLS UPGRADES TO THE RPM MAGAZINE 2022 BRONCO AND THE RESULTS ARE INCREDIBLE!

by TLB
January 5, 2023
0

Clearshot Customs installs upgrades to the RPM Magazine 2022 Bronco Big Bend to create the UNTAMED BRONCO and the results...

The JANUARY 2023 Issue of RPM Mag is here!

The JANUARY 2023 Issue of RPM Mag is here!

by TLB
December 23, 2022
0

Read the Sample copy here or subscribe to get the full issue in your inbox! CLICK TO CHECK IT OUT...

EVENTS

The Engine Performance Expo Starts Tomorrow January 13th. Don’t Miss It!

The Engine Performance Expo Starts Tomorrow January 13th. Don’t Miss It!

by TLB
January 12, 2023
0

Streaming live on the Engine Performance Expo YouTube Channel, so you can watch and participate from anywhere you can get YouTube –...

RPM EXTREME 6×3 logo

Message From Houston Raceway General Manager, Seth Angel

by TLB
December 13, 2022
0

The end of an era is on the horizon for Houston Raceway Park. Following our spring 2023 race calendar, we...

Come by the Derale Performance Booth #314 at PRI

Come by the Derale Performance Booth #314 at PRI

by TLB
December 8, 2022
0

Are you headed to Indy for PRI 2022? Make sure to Come by the Derale Performance Booth and let's talk...

Design Engineering Titanium Knit Exhaust Sleeves

Design Engineering Titanium Knit Exhaust Sleeves

by TLB
December 8, 2022
0

Design Engineering Inc.'s long list of proven heat and sound control solutions, includes its popular Titanium Knit Exhaust Sleeves. Designed to protect...

Follow Us On Social Media

RECENT RPM FEATURE WALLPAPERS

RPM Magazine Bronco UNTAMED Project

  • ADVERTISE IN RPM
  • PRIVACY POLICY
  • CONTACT
  • SITEMAP

Copyright © 2022 REVOLUTION PUBLISHING & MEDIA, INC. RIGHTS RESERVED.                               Website D & D by AR Technity

  • HOME
    • EDITOR’S RANT
    • EVENTS
      • RPM EVENTS
      • YELLOW BULLET NATIONALS
    • IN THIS ISSUE
    • INDUSTRY NEWS
    • CONTACT US
    • PRIVACY POLICY
  • READ RPM MAG
  • READ FEATURES
    • FEATURES VIEW ALL
    • FEATURE TECH SHEET
    • AMC
    • DATSUN
    • CHEVY
    • FORD
    • HONDA
    • MOPAR/DODGE/CHRYSLER/PLYMOUTH
    • OLDSMOBILE
    • PONTIAC
    • TRUCKS
    • OTHER BRANDS
  • PROJECTS/BUILDS
    • BRONCO UNTAMED PROJECT – RPM
    • GLENN HUNTER ’56 BEL AIR CHANGE UP
    • COPO CAMARO PROJECT – RPM
    • PACE CAR/RACE CAR PROJECT – RPM
    • PROJECT 4 LUG THUG – RPM
    • RED BULL – SHANNON POOLE REBUILD
    • TRICK OUT YOUR TRUCK
    • WORLD DOMINATION – RPM
  • TECH & PRODUCTS
    • SHOP TALK
    • TECH
    • TOOLS & EQUIPMENT
  • TRUCKS
    • BRONCO UNTAMED PROJECT
    • TRICK OUT YOUR TRUCK
  • VIDEOS
  • RPM WALLPAPER
  • SUBSCRIBE TODAY!

Copyright © 2022 REVOLUTION PUBLISHING & MEDIA, INC. RIGHTS RESERVED.                               Website D & D by AR Technity

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.
SIGN UP FOR NEWSLETTER NOW