ONE-YEAR DEADLINE SET TO FINALIZE FINANCING FOR RACE TRACK

          WV-based Brant Motorsports Inc. was given one year to
     "put together financing" for a proposed full-sized, enclosed
     $300M indoor auto racing track near Pittsburgh Int'l
     Airport, according to Mark Belko of the PITTSBURGH POST-
     GAZETTE.  Under a "proposed memorandum of understanding" to
     be considered at a commissioner's meeting today, Brant will
     be asked to assemble a development team, perform
     engineering, marketing, environmental and traffic studies
     and do title searches and core drillings.  Allegheny County
     will then give Brant "the exclusive right" for the next 12
     months to develop the 145 acres of county-owned land where
     the track would be placed.  Brant "will have to meet certain
     milestones" every 90 days or the county will have the right
     "to revoke the agreement" (PITTSBURGH POST-GAZETTE, 5/13).

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