ASA Southeast Cancels Remainder of 2009 Season
"Open Letter" to Teams & Fans Confirms Fate of Series
Open Letter Posted on ASA SAT Website
Athens, Georgia
September 17

For Immediate Release:

The Results Management Group, and Results Management Group Racing-parent company for the American Speed Association Southeast Asphalt Tour-announce the cancellation of the balance of the 2009 scheduled race events.

We regret to inform those involved with our series that races scheduled for the remainder of 2009 have been canceled, and will not be rescheduled.

Seeing no prospects for an improved revenue stream that will allow operations to continue under the current business operating model, closing is the only viable alternative.

We remain confident that short track racing is a good product for current economic conditions, with the correct balance of promotion, affordable ticket prices for the fans, reasonable costs to competitors, and more emphasis on the many positive aspects of the sport from the media.

The company and series greatly appreciate the efforts and support of race fans, staff, television production partners and affiliates, sponsors, race facilities, and competitors in producing the high quality race events that have been held over the past two seasons.

John Kee
President
Results Management Group
Jason Hogan is the 2009 ASA Southeast Asphalt Tour Champion with the cancellation of the remainder of the series' season.