Penske Motorsports, Inc.

Ticker: SPWY		13400 Outer Drive West
Exchange: NASDAQ-National Market		Detroit, Michigan
Industry: Service		(313) 592-5000

Type of Shares:	Common Shares	Filing Date:	1/29/96
U.S. Shares:	3,250,000	Offer Date:	3/26/96
Non-U.S. Shares:	0	Filing Range:	$18.00 - $20.00
Primary Shares:	3,250,000	Offer Price:	$24.00
Secondary Shares:	0	Gross Spread:	$1.62
Offering Amount:	$61,750,000	Selling:	$0.98
Expenses:	$550,000	Reallowance:	$0.10
Shares Out After:	12,500,000

Spin out parent firm:	PSH Corp.

Manager	Tier	Phone
CS First Boston	Lead Manager	(212) 909-3312
Merrill Lynch & Co.	Co-manager	(212) 449-4600

Auditor: Deloitte & Touche
	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/31/95				12/31/95
Revenue:	$42.10			Assets:	$73.26
Net Income:	$6.77			Liabilities:	$27.44
EPS:	$0.84			Equity:	$45.81
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The company is a leading promoter and marketer of professional motorsports in the United States. PMI owns and operates, through its subsidiaries, the Michigan International Speedway in Brooklyn, Michigan and the Nazareth Speedway in Nazareth, Pennsylvania, and is constructing a superspeedway near Los Angeles, California to be known as The California Speedway. PMI also produces and markets motorsports-related merchandise such as apparel, souvenirs and collectibles through its wholly-owned subsidiary, Motorsports International Corp. In addition, through its wholly owned subsidiaries, PMI distributes and sells Goodyear brand racing tires in the midwest and southern regions of the United States.

Use of Proceeds

The proceeds from the proposed offering will be used to fund the completion of the speedway near Los Angeles and to repay debt.

Last updated: 10/28/96