FOR IMMEDIATE RELEASE

NBL REDUCES TRACK INSURANCE FEES

Previously announced 2010 fee increases rescinded.

HILLIARD, OH (Dec.23, 2009) — CEO, Gary Aragon announced today that the NBL will reduce the previously announced increase on insurance fees for the 2010 season. The NBL recently renegotiated the terms of its insurance coverage and is passing along the savings to its member tracks. The insurance fee increases previously set to take effect on January 1, 2010 have been revoked so tracks can continue operating under current guidelines.

After completing the negotiations, NBL CEO Gary Aragon said, “The Board of Directors has tasked me with addressing issues of concern to our membership and track operators, and without question, this has been a top priority issue. I am very pleased that we can make this announcement at this time.”

NBL Treasurer, Jerry Patterson added, “It has been a long and very difficult process in getting to the bottom of the insurance rates and fees this past year. Since bringing in a new CEO to review all the expenses it has been a breath of fresh air to have someone that understands the need for review and negotiations. It is with great pleasure and in conjunction with Gary that a decision has been made to revert back to the previous rates to which all tracks have been accustomed. The finance committee never lost its commitment to deliver what was best for the riders, tracks, and the sport.”

The fee structure for 2010 will be as follows:

-Insurance Fees – Practice: $1 per rider up to $20, Local Races: $1 per rider ($20 min, $75 max), State Qualifiers: $1 per rider ($20 min, $150 max), State Championships: $150

###