05.07.2012

Spring Mountain Acquires 120 Acres Adjacent to Facility

Spring Mountain Acquires 120 Acres Adjacent to Facility

FOR IMMEDIATE RELEASE: May 7, 2012
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Media Contact: Dave Petrie,
General Manager
800.391.6891

Spring Mountain Motor Resort & Country Club Acquires 120 Acres of Land Adjacent to Facility, Finalizes Improvement Plans

Pahrump, Nevada, May 7, 2012 -- Spring Mountain Motor Resort & Country Club, located just 45 miles from Las Vegas, announced today its successful bid on 120 acres of property immediately adjacent to the facility. The parcel, acquired from the Bureau of Land Management (BLM) was purchased by modified competitive sealed-bid sale. CEO and co-owner John Morris personally attended the sale at the field office on Torrey Pines Drive in Las Vegas on Monday, May 7, 2012. With the addition of the new parcel, the total size of the facility will now include 313 acres. The final purchase price was not disclosed.

The Motor Resort is planning to immediately improve the property, beginning with a 1.6-mile track extension on the new property, and a .5-mile extension on the current 2.2-mile configuration at turn 4. The new track extension will be 50 feet wide and extremely smooth, due to a special emollient mixed with the asphalt to provide an excellent grip and smooth surface, with exceptional banking, including 102 feet of elevation change with a banked bowl. With this addition, the firm will be able to run 4 simultaneous track configurations, and multiple long track variations for Country Club members, Driving School operations, Track Rentals and Corporate events, with the longest configuration now totaling 6 miles in length.

"We've accelerated our development to realize our vision of Spring Mountain being a world-class motorsports facility," says CEO John Morris. "The acquisition of this new parcel of land from the BLM will allow us to immediately begin our track expansion and to build a lake for the enjoyment of our members, students and guests. After the track addition is complete, Spring Mountain will be the second-longest race track in the world."

The BLM manages more than 245 million acres of public land, the most of any Federal agency. This land, known as the National System of Public Lands, is primarily located in 12 Western states, including Alaska. In Fiscal Year 2011, recreational and other activities on BLM-managed land contributed more than $130 billion to the U.S. economy and supported more than 600,000 American jobs. The Bureau is also one of a handful of agencies that collects more revenue than it spends. In FY 2012, nearly $5.7 billion will be generated on lands managed by the BLM, which operates on a $1.1 billion budget. The BLM's multiple-use mission is to sustain the health and productivity of the public lands for the use and enjoyment of present and future generations.

Spring Mountain Advanced Driving School offers a variety of adrenaline-packed driving programs aimed at providing guests an unforgettable track experience. Ron Fellows Performance Driving school participants can log up to 300 miles on the track, and the training repertoire includes one, two and three-day Corvette Advanced Driving Schools, a ZR-1 Program, two-day Radical Racing Schools, and SCCA instruction. Corporate and team building events, along with private driving instruction, is also available.

For reservations or for more information, call toll free (800) 391-6891 or (775) 727-6363, e-mail info@racespringmountain.com, or visit the website at www.racespringmountain.com.

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ABOUT SPRING MOUNTAIN MOTOR RESORT & COUNTRY CLUB

Spring Mountain Motor Resort & Country Club is a 193-acre state-of-the-art racing facility and exclusive motorsports country club located just 45 minutes west of downtown Las Vegas. With over 4 miles of challenging racetrack and an array of resort-style amenities, Spring Mountain delivers a world-class motorsports experience to driving enthusiasts of all levels.

Home to the renowned Ron Fellows Performance Driving School and the Radical Racing School, Spring Mountain offers professional high performance driving instruction, and is the largest Radical race car distributor in the world. Spring Mountain's professional driving instructors and mechanics are some of the best in the nation, and the engine shops are located on-site to keep members' vehicles at peak performance.

Since its founding in 2004 by partners John Morris and Brad Rambo, the track has experienced extensive growth and innovation. With a vision to create a world-class facility, the core goal was to architect an exhilarating and challenging track to keep drivers engaged and continually learning, and to create an environment that could offer comfort and entertainment for those attending races, but not driving. Spring Mountain Motor Resort & Country Club now boasts over 4 miles of track with more than 20 configurations, thousands of square feet of air-conditioned permanent structures, including a luxury clubhouse with resort-style amenities, condominiums and private garages. If you're serious about performance driving, it's truly a destination not to be missed.

Spring Mountain offers a variety of services, including performance driving instruction, track rentals, team building activities, performance vehicle sales and more.

SPRING MOUNTAIN MOTOR RESORT & COUNTRY CLUB is an independently owned and operated Nevada LLC, privately funded and headquartered in Pahrump, Nevada. Additional information about the Ron Fellows Performance Driving School can be obtained by calling toll free 800.391.6891, or 775.727.6363, by email info@springmountainmotorsports.com, or by visiting the website at www.racespringmountain.com.