NeXovation, Inc. Expects Closing on Purchase of Nashville Superspeedway by Year’s End

Nashville, Tenn. – Wednesday, October 8, 2014 – Yesterday, NeXovation, Inc. and Dover Motorsports, Inc. (NYSE:DVD) amended the purchase agreement between them concerning NeXovation’s acquisition of the Nashville Superspeedway. The amendment will allow NeXovation additional time to complete the required due diligence on certain survey items.

“We intend to close before the end of the year, ideally, as soon as possible”, said Robert J. “Robb” Sexton, CEO at NeXovation, Inc.

NeXovation has already made a firm payment on the purchase transaction, according to Dover’s statements in its recently released 8-K.

# # #

Media Contacts:

 
About NeXovation, Inc.
NeXovation, Inc. is a global, multi-industry innovation company that operates as an entrepreneurial conglomerate in the fields of innovation and technology, motorsports venues, automotive, aerospace, wiring, media, musical instruments and consumer products. For more information regarding NeXovation, Inc., visit http://www.nexovation.com/