Take the "Checkers" on Hoosier Tires!Hoosier Racing TireTake the "Checkers" on Hoosier Tires!

    

PRESS RELEASE

   

Contact: Dennis Sherman
E-mail: dsherman@hoosiertire.com

FOR IMMEDIATE RELEASE
Phone: (574) 784-3152

  

SPECIALTY TIRES OF AMERICA VS. HOOSIER RACING TIRE CORP.

      

LAKEVILLE, IN (October 15, 2007) -- On September 25, 2007, Specialty Tires of America also known as American Racer brand tires filed a complaint in Federal Court against Hoosier Racing Tire Corp. alleging that Hoosier has violated the antitrust laws. Hoosier has worked hard to develop high quality, consistent, reliable and fairly priced products and to compete vigorously in a way that has helped to grow and enhance the sport of racing, and we will continue to do so. Specialty Tire essentially is complaining that Hoosier has been too successful in satisfying our customer's needs. It is not appropriate for HRT to comment on matters that are in litigation and it will not do so, except to say that HRT disputes and will be vigorously defending the allegations that have been made against it and looks forward to a resolution favorable to Hoosier Tire and the promoters and sanctioning groups with which it does business.      

      

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