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SUMMIT RENEWS AS TITLE SPONSOR OF LAS VEGAS EVENT

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Summit Racing Equipment, an industry leader in the distribution of performance automotive parts and equipment through catalogs and the Internet, will continue as primary sponsor for an NHRA POWERade Drag Racing Series national event at The Strip at Las Vegas Motor Speedway. The fourth annual NHRA SummitRacing.com Nationals is scheduled for April 3-6 at The Strip at Las Vegas Motor Speedway. The $1.9 million race, which will be televised by ESPN2, is the fourth of 23 events in the $50 million NHRA POWERade Drag Racing Series for 2003. [9-27-2002]

'INADEQUATE' HOOTERS?

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During a U.S. Bankruptcy Court hearing in Kansas City on Sept. 25, Vanguard Airlines attorney Daniel Flanigan said a purchase offer from IHRA title sponsor Hooters of America was "inadequate," but did not disclose the terms. The Kansas City-based discount airline stopped operating on July 30, laying off 90 percent of its employees and filing for Chapter 11 bankruptcy protection. Vanguard has set an Oct. 3 deadline for investors, including Hooters Air, to develop another offer. At that point, Flanigan said, Vanguard will reduce its staff to 11 employees, who will help sell off the company's assets.

So, sorry guys, there'll be no flight attendants in orange short shorts and tank tops two sizes too small -- not yet, anyway! [9-27-2002]







 

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