The International Hot Rod Association Names Mike Dunn As President

Mike Dunn

IRG Sports + Entertainment (IRGSE), proud portfolio company of TPG; parent company to the International Hot Rod Association (IHRA); one the fastest-growing professional racing circuits globally, today, announced that Mike Dunn has been installed as President of the IHRA organization in advance of the complete reorganization of the company and its various operations. Dunn, one of the most successful drivers and team organizers in the history of motorsports, joins the IHRA after spending the last 14 years as the face of major league professional drag racing for ESPN.

"We welcome Mike Dunn, one of the most respected figures not just in drag racing but in all of motorsports, to the IRGSE family of companies and specifically the IHRA as we begin to reshape the entire organization; Racing Operations, Television and Digital, Licensing, Track and Individual Membership and a newly developed Team Ownership Sponsorship Business Unit into a first class motorsports and entertainment platform.

The future of the IHRA intends on delivering the world's fastest race cars, in important automotive manufacturer influenced global markets, as a platform for growth in the important 9-19 socially active generation Z consumers, while re-igniting the platform of our traditional drag racing consumers with new investment and engagement," said Vice Chairman of the Board and CEO of IRGSE, Chris Lencheski. "Mike has been a part of the most memorable moments that this sport has ever seen, and we are excited to have his expertise as a winning driver, businessman and influential media member to help lead us forward."

"I welcome this new opportunity after so many years in a race car and in front of the screen at ESPN," Dunn said. "I think the vision that IRGSE and the IHRA is pulling together fits a younger and engaged fan base that loves action, speed and the personalities around those elements. I am looking forward to working with Chris and the entire IRGSE family of tracks and properties, the current drivers, the current race teams and the traditional IHRA tracks and all fans of this great sport to get things moving forward quickly." Dunn added, "The IRGSE Board are committed to the their decisions and vision for drag racing into the future but are staying flexible in their approach to teams, markets, promoters, media and sponsorship. I think they may have the best vision to come along in Drag Racing in a very long time and I am excited to be a part of the leadership team."

Dunn is one of only four drivers to ever win 10 or more races both Top Fuel dragsters and Funny Cars, joining fellow legends Don Prudhomme and Gary Scelzi and six-time world champion Kenny Bernstein. The son of Hall of Fame Drag Racer "Big Jim" Dunn, Dunn began racing just before he turned 20 in 1976. The following year he earned his Funny Car license before taking a job as a crew member for legendary car owner Roland Leong and working for him until 1980.

Respected by his peers for being a mechanic as well as a driver and for always getting his own rides and consistently producing, Mike has forged a solid career and ranks among the most prolific drivers in fuel racing history with 22 NHRA national event victories. In 1987, the Southern California native obliterated Funny Car's 280 mph barrier, setting the National Speed record in Dallas, Texas and enjoyed the best season of his career in 1991, finishing third in the final points standings. In 1999, Dunn received one of his greatest honors: selection as Car Craft Top Fuel Driver of the Year, an award that in the past has gone to greats of the sport "Big Daddy" Don Garlits and Shirley Muldowney.

He left competitive driving in 2002 joining ESPN telecasts for the NHRA Drag Racing series, a position he held until leaving last fall.

The current 2016 IHRA Drag Racing Series is serving as an interim year between the current format and the restructuring format which will be announced throughout the 2016 season. The 2016 Competition Schedule begins at Orlando Speed World Dragway (Orlando, Florida) with the AMSOIL Spring Nitro Nationals on Friday, March 4, 2016. Highlighting the 2016 schedule will be stops in: San Antonio, Texas; Grand Bend, Ontario; Edmonton, Alberta; Martin, Michigan; West Salem, Ohio and Budds Creek, Maryland. The full schedule can be found at http://www.ihradrs.com/schedule/.

ABOUT IRGSE:
IRG Sports + Entertainment™ (IRGSE) is a leading marketer and promoter of sports and live entertainment experiences in the United States, Canada and Australia. The Company is owned by TPG, a leading global private investment firm with $70.2 billion of capital under management. IRGSE owns and operates four motorsports facilities: Palm Beach International Raceway™ (PBIR), Memphis International Raceway™ (MIR), Maryland International Raceway™ (MDIR) and Cordova International Raceway™ (CIR); as well as the International Hot Rod Association™ (IHRA) and the International Drag Bike League™ (IDBL).