Dale Jarrett Racing Adventure, Inc. (OTC QB: DJRT), a "Full Throttle" lifetime experience company, announced today that the Company is in the process of relocating its Las Vegas operations to the Charlotte Motor Speedway after being informed that Richard Petty Driving Experience has outbid us and secured an exclusive contract for the Las Vegas Motor Speedway.
According to CEO Tim Shannon, "While we are disappointed at this unexpected development, on a positive note, the past 9 months in Las Vegas has given us the opportunity to successfully test and improve our management strategy for national expansion. Additionally, the experience gained will certainly benefit us in the future as we look to expand our operations and build our business going forward."
"While we are in the process of pursuing new growth opportunities, we will be focusing our current efforts on adding additional event dates in Charlotte as well as in Texas, Chicago and other popular venues."
Dale Jarrett Racing Adventure, Inc.