OAKBROOK TERRACE, IL -- (Marketwire) -- 11/27/12 -- Redbox and International Speedway Corporation (ISC) announced a partnership today to sell tickets to a series of 2013 NASCAR® motorsports events, starting at the Auto Club Speedway of Southern California(SM) in Fontana, Calif. Redbox launched event ticketing in Philadelphia in October, and the company will begin selling tickets at Redbox kiosks in the Los Angeles-area in early January 2013.
"As America's destination for entertainment, we're excited to launch Redbox Tickets in Los Angeles in early 2013 and are thrilled that ISC is joining forces with us at the starting line," said Jason Rubinstein, general manager/vice president, Redbox Tickets. "This partnership empowers ISC to market Auto Club Speedway events across our consumer platforms: Los Angeles-based kiosks, our new Tickets web portal, and through our mobile and social media channels."
Consumers will be able to purchase tickets to NASCAR Qualifying Day (March 22, 2013), Royal Purple 300 (March 23, 2013) and Auto Club 400 (March 24, 2013). Redbox Tickets carry only a $1 fee per ticket, and Auto Club Speedway's ticket pricing will be attractive to consumers.
"We are pleased to partner with such an innovative company as Redbox," said Gillian Zucker, president, Auto Club Speedway. "This partnership gives our motorsports fans a new, convenient and unique way to discover and purchase their 2013 tickets. We see this as a valuable way to remain top-of-mind with consumers while reaching new audiences."
Tickets will be sold online at redbox.com/tickets starting in mid-December, and at most Los Angeles-area Redbox® kiosk locations beginning January 2013.
Redbox Automated Retail, LLC, a wholly owned subsidiary of Coinstar, Inc. (NASDAQ: CSTR), offers new-release DVD, Blu-ray Disc and video-game rentals through its network of conveniently located, self-service kiosks. Redbox has rented more than 2 billion discs and is available at approximately 42,400 kiosks across 34,600 locations nationwide, including leading grocery, drug and convenience stores, and select Walgreens, Walmart and McDonald's locations in some markets. For more information, visit redbox.com.
About International Speedway Corporation
International Speedway Corporation is a leading promoter of motorsports activities, currently promoting more than 100 racing events annually as well as numerous other motorsports-related activities. The Company owns and/or operates 13 of the nation's major motorsports entertainment facilities, including Daytona International Speedway® in Florida (home of the DAYTONA 500®); Talladega Superspeedway® in Alabama; Michigan International Speedway® located outside Detroit; Richmond International Raceway® in Virginia; Auto Club Speedway of Southern California(SM) near Los Angeles; Kansas Speedway® in Kansas City, Kansas; Phoenix International Raceway® in Arizona; Chicagoland Speedway® and Route 66 Raceway(SM) near Chicago, Illinois; Homestead-Miami Speedway(SM) in Florida; Martinsville Speedway® in Virginia; Darlington Raceway® in South Carolina; and Watkins Glen International® in New York.
The Company also owns and operates Motor Racing Network(SM), the nation's largest independent sports radio network and Americrown Service Corporation(SM), a subsidiary that provides catering services, food and beverage concessions, and produces and markets motorsports-related merchandise. In addition, the Company has a 50 percent interest in the Hollywood Casino at Kansas Speedway. For more information, visit the Company's Web site at www.internationalspeedwaycorporation.com.
Safe Harbor for Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including phrases conveying expectation or intent and other expressions identifying future performance. Forward-looking statements are not guarantees of future performance which may vary materially from performance expressed or implied in the forward-looking statements. Differences may result from actions taken by Coinstar, Inc. or Redbox as well as those of third parties and from risks and uncertainties beyond our control. Such risks and uncertainties include, but are not limited to, changes in the rollout timing for tickets, ability to obtain or maintain adequate inventory, our ability to attract new partners and penetrate new markets and distribution channels and the termination, non-renewal or renegotiation on materially adverse terms of contract terms with our suppliers and retailers. The foregoing risks and uncertainties are illustrative, but by no means exhaustive. For more information on factors that may affect future performance, please review "Risk Factors" described in our most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission. These forward-looking statements reflect Coinstar, Inc.'s expectations as of the date of this release. Coinstar, Inc. undertakes no obligation to update the information provided herein.
Auto Club Speedway