DOVER IS AT IT AGAIN !!!!!!!!!

[EJ440]

Press Release
Dover Motorsports Declines 2011 NASCAR Events at Gateway International Raceway
Release date: July 28, 2010
Contact: Brandon W. Mudd
618-482-2495
bmudd@dovermotorsports.com

Dover Motorsports, Inc. (NYSE: DVD) announced today that its wholly owned subsidiary, Gateway International Raceway has notified NASCAR that it will not seek 2011 sanctions for its two Nationwide Series and one Camping World Truck Series races.

Vice President and General Manager of Gateway, Terry Harmeson stated, “This was a difficult decision in light of the many years of earnest and continued efforts on everyone’s part to develop a viable market for these events in one of our nation’s greatest cities. We remain committed to fulfill the balance of our 2010 schedule including our October 23rd NASCAR Nationwide race which will provide our fans the opportunity to see Danica Patrick compete here for the first time. We also plan to explore various ways to change the economics at Gateway both from the revenue and expense side.”

Denis McGlynn, President & CEO of Dover Motorsports, stated, “We have a group of extremely dedicated and talented employees who make Gateway a great destination and we deeply appreciate all the support we have had from the racing community over the years – from racing fans and drivers to sponsors, team owners and sanctioning bodies. However, economics dictate that we evaluate all of our options for this facility, including its possible sale.”

Gateway International Raceway is owned by Dover Motorsports, Inc. (NYSE: DVD), a leading promoter of motorsports events in the United States. DVD subsidiaries operate three tracks in three states

[Steve Quien]

http://www.stltoday.com/sports/motor-sports/article_98334578-9a91-11df-9422-00127992bc8b.html

[TRWMotorsports]

Earnings conference call may reveal more. Short notice but its scheduled for today, Thurs July 29, 2010
 9:30 central time.

Glynn



Press Release Source: Dover Motorsports, Inc. On Thursday July 22, 2010, 3:44 pm EDT
DOVER, Del.--(BUSINESS WIRE)--Dover Motorsports, Inc. (NYSE: DVD - News) invites you to a conference call subsequent to the release of Dover Motorsports, Inc.’s earnings for the second quarter ended June 30, 2010. The conference call will be held on Thursday, July 29, 2010 at 10:30 a.m. Eastern Time.

To listen to the conference call, you should dial 517-308-9141 five to ten minutes before the scheduled start time and request to be connected to the Dover Motorsports, Inc. conference call, conference ID is MOTORSPORTS, leader is Denis McGlynn. If you wish to listen to a playback of the conference call, you may dial 203-369-0163 (passcode 4551), beginning one hour after the conference call. The playback will be available until August 5, 2010.

Dover Motorsports, Inc. is a leading promoter of motorsports events in the United States. Its motorsports subsidiaries operate three motorsports tracks in three states and promote motorsports events under the auspices of two of the premier sanctioning bodies in motorsports – NASCAR and NHRA. The Company owns and operates Dover International Speedway in Dover, Delaware; Gateway International Raceway near St. Louis, Missouri; and Nashville Superspeedway near Nashville, Tennessee. For further information log on to www.dovermotorsports.com.

-30-

Contact:
Dover Motorsports, Inc.
Timothy R. Horne – Sr. Vice President-Finance
(302) 857-3292

[djchinault]

Such a shame!

Dover International needs to get totally out of the racing business!

[jeffwilliams]

lOOKS AS THO THEY ARE TRYING.

[jbowers]

Maybe someone can buy memphis out of bankruptcy cuz it sure looks like thats where its headed.

Does someone at dover have a crack problem? They seem to run thru more money than a crack head.

[djchinault]

Does make you wonder

Too many high dollar folks at the top of the food chain that need a good firing

[NeverTrustaMidget]

Does make you wonder

Too many high dollar folks at the top of the food chain that need a good firing

There's a lot of DVD shareholders that agree with you.

[racecarx111]

The CEO must have a bad gambling problem or somebody's smoking a whole lotta crack 

[NeverTrustaMidget]

None of the facilities outside of Dover ever turned a profit. The company paid way too much in the LBGPA merger and building Nashville and has been struggling with heavy debt ever since. If they could close Gateway without the state calling in the bonds they would do it.