EXECUTIVE TRANSACTIONS

          JEFFREY BELSKUS has been named COO of the Indianapolis
     Motor Speedway (IMS).  Belskus had been IMS Exec
     VP/Administration and Operations (IMS).  In Indianapolis,
     Bill Koenig reports that Belskus is now responsible "for
     most of the major departments at the Speedway," and that one
     priority "is to boost corporate support of the IRL"
     (INDIANAPOLIS STAR-NEWS, 1/22)....G. CLIFTON PENNELL was
     named President of R.J. Reynolds' Sports Marketing
     Enterprises.  Pennell has been with RJR since '79 and has
     been a Brand Marketing Senior VP since '85.  He fills the
     position of the late T. WAYNE ROBERTSON (STAR-NEWS, 1/21).