DVD Dover Motorsports Inc

Race provides company with a platform to continue to promote neighborhood growth and prosperity through philanthropy, volunteerism and community development DOVER, Del., and CHARLOTTE, N.C., March 9 /PRNewswire/ -- Dover International Speedway and Bank of America today announced that the June 4, 2006, NASCAR NEXTEL Cup Series race has been named the "Neighborhood Excellence 400 presented by Bank of America." The change in name reflects both Bank of America's completed merger with MBNA, which sponsored races at Dover International Speedway since 1995, and its commitment to creating and sustaining vibrant communities, neighborhood by neighborhood. (Logo: http://www.newscom.com/cgi-bin/prnh/20060309/CLTH041LOGO http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b) "Our relationship with MBNA has been a great one for many years. With the merger now complete, we are pleased to welcome Bank of America to Dover International Speedway for this NASCAR NEXTEL Cup race," said Denis McGlynn, President and CEO of Dover Motorsports, Inc. "Our team couldn't be more pleased with the way Bank of America has embraced our race to demonstrate its commitment to the people and neighborhoods in cities across the country." Opening Doors for Our Communities Bank of America has long held the belief that a healthy community is a healthy place to do business. At the core of this belief is Bank of America's leadership in helping people and communities achieve neighborhood excellence. "Neighborhood excellence" is about identifying critical issues in local communities and directing resources -- through sponsorships, philanthropy, volunteerism and community development -- to address those challenges. - Sponsorships: One of the most important ways that Bank of America participates in the lives of its customers and communities is through sponsorships. While sponsorships, like the Neighborhood Excellence 400, help improve public awareness of the bank's products and services, they also make it possible for communities and fans to enjoy events that enrich lives, broaden experiences, and, often, attract economic growth to a community. - Philanthropy and Volunteerism: Bank of America continues to deliver upon its $1.5 billion, 10-year goal for philanthropic giving with a national strategy delivered locally through a concentrated focus on building the capacity and leadership of community organizations complemented by support of national partnerships and anchor institutions. As part of its philanthropic giving, Bank of America will donate $200 million to charity in 2006. Through its worldwide Team Bank of America volunteer network, Bank of America's associates volunteered an unprecedented 650,000 hours in 2005 and substantial financial contributions devoted to local causes. - Community Development: Bank of America brings to cities throughout the United States the power of its human and financial capital to turn communities into vibrant, desirable places to live, work and raise families. By helping people reach their personal and financial goals, Bank of America strengthens its surrounding communities. The company's $750 billion goal for community development lending and investing is one of the largest in the country. "At Bank of America, we recognize that in order for a community to remain healthy and economically vibrant, we need to invest in that community by promoting and creating neighborhood excellence," said Rick Parsons, Brand Marketing Executive, Bank of America. "Through our support for the Neighborhood Excellence 400, we can demonstrate the company's model for creating positive change in neighborhoods and communities through private partnerships, philanthropic investment, volunteerism and community development." A Platform for Giving Back Bank of America's sponsorship of the Neighborhood Excellence 400 provides the company with a platform to impact local communities. Prior to the race, Bank of America will coordinate a day of community service, enlisting its Team Bank of America network of volunteers to work alongside Dover International Speedway staff on local revitalization projects designed to help improve the community's quality of life. Following the June 4 race, Bank of America will present charitable donations to organizations that, through dedication, commitment and perseverance, have created positive change within Delaware's communities. The grants, distributed by the Bank of America Charitable Foundation, will be made in honor of the winning driver of the Neighborhood Excellence 400. Race Tickets Now on Sale The Neighborhood Excellence 400 presented by Bank of America is the main event in a June 2-4, 2006, race weekend full of activity at Dover International Speedway. Along with the stars of the NASCAR NEXTEL Cup Series on Sunday, the up-and-coming talent of the NASCAR Busch Series take to the Monster Mile on June 3. The Friday, June 2, 2006 excitement includes all three series on the track in one day, as the Busch Series practices in the morning, followed by the early afternoon NASCAR NEXTEL Cup qualifying, and the drop of the green flag for the AAA Insurance 200 NASCAR Craftsman Truck Series race. To purchase tickets for both the June 2-4 and Sept. 22-24, 2006 events at Dover International Speedway, visit http://www.doverspeedway.com/, or call the Dover International Speedway ticket office at 800-441-RACE. Dover International Speedway Dover International Speedway is owned by Dover Motorsports, Inc. (NYSE:DVD), a leading promoter of motorsports events in the United States. DVD subsidiaries operate tracks in three states, and present more than 500 motorsports events each year. This includes 15 major, national events which operate under the auspices of three of the premier sanctioning bodies in the U.S. -- NASCAR, NHRA, and IRL. Dover Motorsports, Inc. also owns and operates Gateway International Raceway near St. Louis, Mo., Memphis Motorsports Park in Memphis, Tenn., and Nashville Superspeedway near Nashville, Tenn. For further information log on to http://www.dovermotorsports.com/. This release may contain forward-looking statements based on management's beliefs and assumptions. Such statements are subject to various risks and uncertainties that could cause results to vary materially. Please refer to the SEC filings of DVD for a discussion of such factors. Bank of America Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 38 million consumer and small business relationships with more than 5,800 retail banking offices, more than 16,700 ATMs and award-winning online banking with more than 14 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 150 countries and has relationships with 97 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500. Bank of America Corporation stock (NYSE:BAC) is listed on the New York Stock Exchange. http://www.bankofamerica.com/ http://www.newscom.com/cgi-bin/prnh/20060309/CLTH041LOGO http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b http://photoarchive.ap.org/ DATASOURCE: Bank of America CONTACT: Joe Goode of Bank of America, +1-617-434-7314, or ; or Gary Camp, Director of Public Relations of Dover International Speedway, +1-302-857-3212 Web site: http://www.bankofamerica.com/ http://www.dovermotorsports.com/ http://www.doverspeedway.com/

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