MIRlogorRacingRocks

MIR MASTERS OF THE PROS WEB HEADER
 
    Classifieds

PressReleases

IRG Sports + Entertainment Closes Recapitalization

Thursday, October 1, 2015
IRG Sports + Entertainment™ (IRGSE) is pleased to announce completion of its recapitalization with TPG Specialty Lending, Inc. (TSL). TSL is the U.S. direct originations investment platform of TPG Special Situations Partners, the credit and special situations platform of TPG, a $75 billion global private investment firm. TSL will assist IRGSE, a leading marketer and promoter of sports and live entertainment across the United States and Canada, in pursuing future growth. As result of the recapitalization IRGSE has a stronger balance sheet as well as access to the substantial resources and capital of a leading investment firm.


Since 2014, TSL has assisted with the current growth across all IRGSE properties including: Palm Beach International Raceway™ (PBIR), Memphis International Raceway™ (MIR), Maryland International Raceway™ (MDIR),Cordova International Raceway™ (CIR) and the World Series of Drag Racing™; as well as the International Hot Rod Association™ (IHRA) and the International Drag Bike League™ (IDBL).

The Executive Management Team will consist of current IHRA President Scott Gardner, IRGSE Chief Operating Officer Royce Miller and new Chief Financial Officer Louis F. Partenza.Prior to joining IRGSE, Partenza was the Executive Vice President, Chief Financial Officer and Chief Operating Officer of the Florida Panthers Hockey Club, Sunrise Sports and Entertainment and BB&T Center. All three individuals will be involved in the future expansion of IRGSE.

IRGSE properties promote more than 1,150 motorsports, live entertainment and corporate events annually at its venues and within its series. For more information, please visit www.irgse.com, and follow @IRGSports on Twitter and LinkedIn.

Read 2071 times

MIRUpcomingEvents

Moore Tech Test-N-Tune
Test N Tune
Thursday, June 27th
Midnight Madness with Drifting
Drag Strip
Friday, June 28th - Friday, June 28th
Summit Racing Equipment Bracket Series presented by COMP Cams / 6.0 & 7.0 Index
Bracket Racing
Saturday, June 29th - Saturday, June 29th
5th Annual Track Mania
Drag Strip
Sunday, June 30th
SCCA Tracknight in America
Road Course
Tuesday, July 9th
Moore Tech Test-N-Tune
Test N Tune
Thursday, July 11th
Street Warriorz: Grind City Showdown III
Drag Strip
Friday, July 12th
Summit Racing Equipment Bracket Series presented by COMP Cams/ SS Stock Combo
Bracket Racing
Saturday, July 13th - Saturday, July 13th
JEGS/ CRA Masters of the Pro's 125
Oval
Saturday, July 20th - Sunday, July 21st
Donkfest Family Reunion
Drag Strip
Saturday, July 20th
HOME   SCHEDULE AND TICKETS NEWS TRACKS & EVENTS MARKETING & SPONSORSHIP   
FAQ'S
 
 
 
 
 
 
 
   

 

 
         
MEMPHIS INTERNATIONAL RACEWAY

5500 Victory Lane
whitebar 901-WOW-RACE
Millington, TN 38053 RACEMIR.com
 ©2019 Memphis International Raceway. All Rights Reserved

An-IRG-company-white-text