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[ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: 11:21:25 09/05/08 Fri Author: . Subject: . Author: ********* [Edit] Date Posted: 12:30:55 09/03/08 Wed Houston, TX (September 3, 2008)---High Velocity Impact Racing regrets to announce the cancellation of its remaining two events scheduled at Houston Raceway Park Saturday, September 20, 2008 and the Series finals, October 18-19, 2008, due to decreasing participant interest and lack of sponsorship funding. “Because of the tough economic environment that exists today, we unfortunately had to make this difficult decision. This is the last thing we anticipated ever having to do,” series founder Bonnie Webb said. “The cost of racing has risen dramatically as reflected in our decreasing car counts. The sponsorship revenue we rely heavily on to operate our events on the level our racers expect just simply isn’t there.” Webb fully expects High Velocity Impact Racing to return to Houston Raceway Park’s calendar in 2009. “I am extremely disappointed to remove these two great events from our race calendar, but support Bonnie 100% in her decision,” said Seth Angel, General Manger of Houston Raceway. “No one is immune to the effects of our weakened economy and rising gas prices.” [ Next Thread | Previous Thread | Next Message | Previous Message ] Replies:
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