SEPTEMBER 30TH, 2024

The Motorsports Gateway Howell community is steadily coming to life, marked by notable achievements that showcase the project’s progress. Our South Circuit is now in place as envisioned for this unique automotive district.

South Circuit Base Course
The South Circuit, paved in partnership with AJAX Paving Industries, has officially taken shape. This 1.75-mile road course, designed by Driven International, boasts 15 turns, 140 feet of elevation change, and a 1/2-mile straight, bringing an unparalleled driving experience. With its smooth asphalt base course laid, the circuit is ready for finishing details, like paint, safety barriers, and final surface course prior to the 2025 racing season.

“We're incredibly proud to see the South Circuit come to life,” said Eli Bayless, Head of Communications at Motorsports Gateway Howell. Sharing his excitement about the track’s features, “My first lap left me feeling thrilled with a deep craving for more. The 17-foot ascent through turn 10 leading into the 1/2-mile straightaway and the technical challenge of turns 13, 14, and 15 are my favorite features of the South Circuit. We cannot wait to share this technical track with our members and hear what features they enjoy the most.”

Motorsports Gateway Howell’s South Circuit is the most exciting new addition to Michigan’s motorsport landscape.

Garage Condo Developments
Meanwhile, the garage condo community is advancing further. Building 7, now enclosed with corner, base, and stack joint trims, provides a glimpse into the luxury lifestyle awaiting our owners. Rough grading for Buildings 1, 2, 3, 8, 9, and 10 has been completed, and materials for Building 1 and 2 have arrived onsite, allowing us to maintain momentum in expanding this premier community. With the arrival of material for buildings 1 and 2, pricing for units in these buildings will increase per our published milestone pricing schedule.

Temporary Paddock
Our temporary paddock is also complete, with millings placed, graded, and compacted. While the permanent Pit Lane clubhouse is being constructed, a temporary building is being delivered for the 2025 racing season. These essential components lay the groundwork for future race events and ensure that everything is ready to accommodate our Drivers Club members.

Stay connected for more updates on our exciting journey!

Notice Regarding Forward-Looking Statements

This communication may contain forward-looking statements within the meaning of the securities laws, including statements regarding our future business plans, growth prospects, and strategic initiatives. These forward-looking statements are based on current expectations, estimates, forecasts, and projections about our business and industry, as well as on management's beliefs and assumptions. Statements that are followed by or include words such as "aim," "anticipate," "believe," "estimate," "expect,” “forecast,” "intend," "plan," "project," "seek," "may," "could," "will," “should,” or similar expressions and narratives thereof are subject to this notice. Forward-looking statements may include, but are not limited to, statements regarding anticipated future plans or performance, projections and expectations, market trends, expansion opportunities, and potential strategic partnerships or acquisitions. These statements are subject to various risks, uncertainties, and assumptions, including those described in our newsletters, website, and filings with regulatory authorities.

While our company is not subject to the same regulatory requirements as publicly traded companies, we recognize the importance of providing transparent and accurate information to our stakeholders. Accordingly, our forward-looking statements are made in accordance with applicable laws and regulations governing corporate communications and are based on current information and reasonable assumptions.

Actual results may differ materially from those expressed or implied by these forward-looking statements due to various factors beyond our control. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Our general audience and stakeholders are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.