WPSA Reschedules its first race for the 2008 ATV Season

White Bear Lake, MN (4/16/2008) - The WSPA announced today that it is postponing the first race of the 2008 PowerSports ATV Tour. The ProTaper/MSR/QuadBoss ATV Open Championship originally scheduled for May 3-4 is being moved to July. The Jack Link’s ATV Open Championship in Taylorville, Illinois will open the season in its originally scheduled date of May 17-18.

“WPSA has accomplished amazing things with limited resources while growing two top shelf professional racing properties which attract millions of fans on TV,” said Rick Murphy, CEO of PowerSports Entertainment Inc. “We have been working for months to fundamentally improve our business and this effort demands our full attention until completion. Moving the Texas race into a July slot will allow us the extra time we need to accomplish our objectives before the opening race in Taylorville,” added Murphy.

“Our goal is to further improve professional ATV and Snocross racing using all the resources available to us,” said Scott O’Malley, President of PEI. Adding, “We expect to finally be in a position to aggressively grow our championship racing programs. Working within an improved business environment will allow us to be better at everything we do, across the board.”

“The business development work is complex and time consuming. We need to get that behind us so we can focus on the upcoming season without distraction,” said Kent Lungstrom, EVP of PEI. “We are excited about the future of ATV and Snocross racing as an end result of our efforts. Improving fan awareness and attendance at our festival oriented ATV racing events is priority as we move forward, while we continue to deliver top quality TV programming and enjoy ratings increases as have in the last few years,” he added.