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                          |  | GENNARELLI, VAN HORN TO BUY ROCKINGHAM DRAGWAY Earwood Promises ‘Business as Usual’ During 
                          Two-Year Transition Period
 
 ROCKINGHAM, N.C. – Al Gennarelli and Dan VanHorn, two 
                          successful businessmen united by their passion for 
                          fast cars, have taken the first step toward becoming 
                          the new owners of Rockingham Dragway, the iconic 
                          Carolina facility that, upon its construction in 1968, 
                          was one of the first dragstrips to feature amenities 
                          like permanent restrooms, concrete grandstands and 
                          corporate suites.
 
 Through a unique agreement with Steve Earwood, who has 
                          owned, operated and upgraded the multi-purpose 
                          facility since buying it from the L.G. Dewitt family 
                          in 1992, Gennarelli, 49, and Van Horn, 47, will spend 
                          the next two years observing events at the track and 
                          learning the basics of racetrack operation before 
                          assuming full ownership in October, 2022.
 
 
  
 In the interim, Earwood emphasized that it will be 
                          business as usual at The Rock with a full slate of 
                          diverse events including this week’s 29th annual 
                          Griffin Motors MOPARS at the Rock expo featuring the 
                          Modern Street Hemi Shootout series VanHorn created in 
                          2009 and in which he and Gennarelli both compete.
 
 “All of our personnel will stay in place,” Earwood 
                          said, “and I don’t see any major changes other than we 
                          are adding more non-traditional events to our 
                          calendar, which has been one of our trademarks. In the 
                          past, we’ve hosted the Smoke Out Festival, Metallica 
                          concerts and the more recent Epicenter concert and 
                          we’re looking right now for opportunities to bring 
                          similar non-racing events to Richmond County.”
 
 Gennarelli, who grew up in Pennsylvania but now lives 
                          in Gates, N.C., has operated Gennarelli Concrete and 
                          Construction for the last 22 years. In addition to 
                          pouring concrete, the company is involved in 
                          pre-engineered metal building sales, metal building 
                          erection and concrete pumping and recently added dump 
                          truck hauling to its repertoire.
 
 On the racetrack, Gennarelli’s Dodge Challenger was 
                          the first Modern Mopar to break the 8.00 second 
                          barrier using a Gen3 hemi for power, posting a quarter 
                          mile best time of 7.85 seconds at more than 175 miles 
                          per hour. He also has driven the world’s fastest 
                          hemi-Jeep, stopping the quarter mile timers in 8.00 
                          seconds.
 
 “I’m looking forward to a new chapter in my racing 
                          career as a track co-owner with Dan VanHorn,” 
                          Gennarelli said, “and I’m excited to be able to apply 
                          my flair for business to my passion for racing.”
 
 VanHorn, who lives with his wife Julie and children 
                          Dylan, David and Claire in Stafford, Va., comes from a 
                          military family and proudly served in the U.S. Air 
                          Force as an air traffic controller. It was in the 
                          service that he developed the skills that he would 
                          bring to the private sector where he has worked the 
                          last 23 years as an FAA controller.
 
 Originally from Ocala, Fla., VanHorn, like Gennarelli, 
                          is a lifelong MOPAR and hemi fan. He has raced a 
                          Challenger in his own Modern Street Hemi Shootout 
                          series since he first conceived the idea for the 
                          competition 11 years ago.
 
 “Now that my career as an Air Traffic Controller is 
                          winding down,” VanHorn said, “I am excited to be able 
                          to pursue drag racing at its highest level as a track 
                          owner, teaming with my fellow hemi racer, Al 
                          Gennarelli.”
 
 Over its 52-year history as a major player in 
                          professional drag racing, Rockingham Dragway hosted 
                          major events sanctioned by the three organizations 
                          that figured most prominently in the sport’s 
                          development: the National Hot Rod Association, the 
                          American Hot Rod Association and the International Hot 
                          Rod Association.
 
 Among the professional drivers who have celebrated 
                          major victories at The Rock are Hall of Famers Don 
                          Garlits, John Force, Don Prudhomme, Raymond Beadle, 
                          Kenny Bernstein, Joe Amato, Don Schumacher, Connie 
                          Kalitta, Bob Glidden, Warren Johnson and Ronnie Sox as 
                          well as “TV Tommy” Ivo, Darrell Gwynn, Jeb Allen, Ed 
                          “the Ace” McCulloch, “Dyno Don” Nicholson and Lee 
                          Shepherd.
 
 “We have had a lot of offers to sell the business over 
                          the years,” Earwood said, “but one of my concerns has 
                          always been what impact the sale would have on our 
                          racers, our manufacturers, our sponsors and our fans. 
                          I never felt confident that they would be taken care 
                          of until I started talking to Dan more than a year 
                          ago.
 
 “Now, though, with Dan and Al taking over, I believe 
                          the track’s future is secure and that it will continue 
                          to serve as Richmond County’s principal entertainment 
                          venue and visitor destination.”
 
 Earwood, who was National Media Relations Director at 
                          the NHRA before opting to pursue his dream of track 
                          ownership, not only will continue to handle day-to-day 
                          track operations for the next two years, he will stay 
                          on as a consultant to Gennarelli and Van Horn after 
                          the sale is complete.
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