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O. Bruton Smith, 78, has been the Chairman and Chief Executive Officer of SMI since its organization in 1994. Mr. Smith has served as the CEO and a director of Charlotte Motor Speedway, LLC, a wholly-owned subsidiary of SMI, and its predecessor entities (CMS) since 1975, which he originally founded in 1959. Mr. Smith has been the Chairman and CEO of Atlanta Motor Speedway, Inc. (AMS) since its acquisition in 1990, Texas Motor Speedway, Inc. (TMS) since its formation in 1995, Bristol Motor Speedway, Inc. (BMS) since its acquisition in 1996, the subsidiary operating Infineon Raceway (IR) since its acquisition in 1996, and the subsidiary operating Las Vegas Motor Speedway (LVMS) since its acquisition in 1998. In addition, Mr. Smith serves as the CEO and a director, or in a similar capacity, for many of SMI’s other subsidiaries. Mr. Smith also is the Chairman, CEO, a director and controlling stockholder of Sonic Automotive, Inc. (SAI) (NYSE: symbol SAH), and serves as an officer or director of most of SAI’s operating subsidiaries. SAI is believed to be one of the ten largest automobile retail dealership groups in the United States and is engaged in the acquisition and operation of automobile dealerships. Mr. Smith also owns and operates Sonic Financial Corporation (Sonic Financial), a private business he controls, among other private businesses. | 