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Speedway Motorsports, Inc. Receives Proposal For Acquisition
 Industry News
SMI has announced that its Board of Directors has received a non-binding proposal from Sonic Financial Corporation, which is owned by SMI founder Bruton Smith, to acquire all outstanding shares of SMI’s common stock.
  Sonic, which now owns over 70 percent voting power for SMI, would get more company control.
Babcox Media Appoints New Engine Builder Editor
 Industry News
Greg Jones has been appointed Editor of Babcox Media's Engine Builder brand. Jones, a journalism graduate of the State University of New York at Albany, joined Babcox in 2014 as Engine Builder’s managing editor.
  Engine Builder publisher and editor Doug Kaufman has also been promoted to a new role within Babcox.
New Permatex Ohio Headquarters Allows Room For Growth
 Industry News
The new Solon, Ohio headquarters sits on 40 acres and has room for Permatex to double the size of its headquarters to 700,000 square feet to accommodate new growth.
  The facility employs 19 high tech robots designed to lighten workloads.
McLaren Brings WeatherTech Sprint Cup Manufacturer Count To 14
 Industry News
After competing in the IMSA Michelin Pilot Challenge Grand Sport class the past two seasons with its GT4 model, McLaren has confirmed plans to bring the McLaren 720S GT3 into the WeatherTech Sprint Cup series’ GTD class.
  McLaren will debut ts Compass Racing 720S GT3 on May 5 at Mid-Ohio.
PASS Bringing Stock Car Racing Back To Lanier
 Industry News
After sitting dormant for nearly a decade, officials from the Pro All Stars Series (PASS) and Lanier Raceplex announced that asphalt stock car racing will return to North Georgia later this year.
  The PASS National Championship season finale is set for Lanier on November 15-16.
Gateway Motorsports Park (MO) Has A New Name
 Industry News
Gateway Motorsports Park and World Wide Technology (WWT), a technology solution provider, announced a long-term naming rights commitment to rename the motorsports facility World Wide Technology Raceway at Gateway.
  The multi-faceted racing venue serves as home to NASCAR, INDYCAR and NHRA racing.
NHRA, NMCA Approves 2019 Challenger R/T Scat Pack 1320 For Competition
 Industry News
The drag-oriented, street-legal "Angry Bee" powerplant received the green light for competition in qualifying NHRA Stock and Super Stock Sportsman classes, along with qualifying NMCA events.
  The Dodge Challenger R/T Scat Pack 1320 is powered by the 392 HEMI V-8 engine.
Dakar Rally Signs Deal To Race In Saudi Arabia
 Industry News
After 30 years of racing in Africa and over a decade in South America, officials with the Dakar Rally have announced a new chapter in its history, as “the world’s biggest rally” makes its Middle Eastern debut in Saudi Arabia next year.
  More information about the 2020 Rally will be announced in the following weeks.
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In this Issue
  • Opening Doors For Modified Racers & Parts Suppliers
  • EV Racing: Limitations Are Falling By The Wayside
  • How Manufacturers Are Building Better Rocker Arms
  
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