DENVER, CO--(Marketwire - June 16, 2010) - Motor Sport Country Club Holdings LLC (MSCC) www.motorsportcc.com, which recently completed a reverse merger with Victoria Industries, Inc. (
"We are devastated by this tragic and unexpected loss," said Claus Wagner, Chairman and CEO of MSCC. "Rob's enthusiasm for this project was unmatched and we will miss his friendship and business acumen greatly. We have strategic plans in place to move Motor Sport Country Club forward unencumbered in the face of this loss and we intend to keep Rob's unfailing energy going far into the future. Rob was a dear friend to me and our thoughts and prayers are with his family during this time of mourning."
Mr. Newson was a seasoned international businessman possessing a wealth of experience in assisting companies worldwide. He held senior positions in both private and public companies in the UK. Newson completed projects globally on every continent and had over 25 years of banking and related experience. In his long history of international business, he advised corporations such as Morgan Stanley, Donaldson Lufkin Jenrette and Credit Suisse. Since 2006, Newson had been advising a number of prominent companies within the Middle East. His career started in Lloyds of London and from there progressed to the floor of the London Stock Exchange. Newson was a UK citizen, resident in the USA. He received his MBA from the London School of Economics.
ABOUT MOTOR SPORT COUNTRY CLUB
The Motor Sport Country Club of Colorado (MSCC), home to the future "Ring of the Rockies" racetrack circuits, is the first Formula 1-inspired, multi-track planned country club in North America. Located less than an hour outside of Denver, Colorado, MSCC's track plans are modeled after the famous Nuerburgring in Germany and are designed by the world-renowned Formula 1 racetrack architect, Hermann Tilke. Set amid 2,600 acres of breathtaking scenery, MSCC will offer a full array of Motorsports, top driving instruction, state-of-the-art clubhouse, generous amenities for the entire family and a limited collection of spacious home sites and luxury villas. MSCC will be an exclusive performance lifestyle racing resort where those with a passion for Motorsports can give their adrenaline a place to call home in a true luxury environment. Motor Sport Country Club Holdings, Inc., formerly Victoria Industries, Inc., legally changed its name in the state of Nevada on May 27, 2010, and the name change to Motor Sport Country Club Holdings, Inc. is now pending FINRA approval. For more information visit www.MotorSportCC.com or call (303) 459-7745.
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements regarding future events and financial performance. In some cases, you can identify these statements by words such as "may," "might," "will," "should," "except," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," or "continue," the negative of these terms and other comparable terminology. These statements involve a number of risks and uncertainties and are based on numerous assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company's control. There are or may be important factors that could cause our actual results to materially differ from our historical results or from any future results expressed or implied by such forward looking statements. These factors include, but are not limited to, those discussed under the section entitled "Risk Factors" in our Annual Report on Form 10-K which is available at the U.S. Securities and Exchange Commission website at www.sec.gov. The forward-looking statements in this press release are based upon management's reasonable belief as of the date hereof. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Contact Information:
Contact:
Alana Morris
Alana@vocapr.com
303.962.9163
Investor Relations:
ir@motorsportcc.com
214-722-3045