Judge rules in favor of NHMS over MRN

by Jay | Jan 29, 2012 | New England, New Hampshire, NHMS

Judge Richard McNamara has thrown out a verdict that would have required New Hampshire Motor Speedway (NHMS) to pay almost a million to cancel its contract with Motor Racing Network (MRN). McNamara ruling was because the jury based its award on MRN’s projected lost profits. Project lost profits can not be a basis for damages. The case start due to NHMS canceling it contract with MRN without giving the necessary termination notice. NHMS owned by SMI wanted “The performance Racing Network” to cover it’s events instead of MRN. SMI also owns the “The performance Racing Network”. MRN plans to appeal the ruling.

NHMS Ticket Sales Soaring in 2012: Surge in Sales for NASCAR Races Sign of Economic Recovery

by Jay | Jan 23, 2012 | New England, New Hampshire, NHMS

LOUDON, N.H. (January 23, 2012) – The new year is off to a fast start at New Hampshire Motor Speedway. As the deadline for season ticket renewals closed, “The Magic Mile” has seen a spike in sales from 2011 for both the July and September NASCAR Sprint Cup Series races in 2012.

“We haven’t seen this level of sales activity this early in quite some time. We are up an average of double digits between the two races,” explains Jerry Gappens, executive vice president and general manager of the speedway. “Our fans and our families have been struggling for quite a while in this economy. I take this as a sign that the recovery is underway.”
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