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Announced

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Avenue Sports Fund completed the investment in Trackhouse Entertainment.

Synopsis

Avenue Sports Fund, a private equity growth-expansion fund , completed the investment in Trackhouse Entertainment, a sports car racer. Financial terms were not disclosed. "We are excited to partner with Justin Marks and his organization as they continue to compete aggressively in the NASCAR Cup Series and MotoGP series and potentially in new motorsports in the future. NASCAR has long held its position as the most popular racing series in North America, and MotoGP is now one of the most popular motorsports in the world with millions of cumulative race attendees and a substantial digital audience – all compelling attributes for an investment by Avenue Sports," Marc Lasry, Avenue Capital Chairman, CEO and Co-Founder.

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