DRAFT SRD PRESS CONFERENCE SPEECHES /FIRST DRAFT/3-21-96 Walter Czarnecki: Good morning: coming: Thank you for My name is Walter Czarnecki am Executive Vice-President of the Penske Corporation, here am today in our nation' capital tO talk about an issue that is of great importarce to future of tne sports and entertainment events in this country: Some officials in the federal government have chosen to try to involve thenselves in decision that has long been handled by private individuals and organizations. That is, the decision on which companies should be allowed to sponsor sports and entertainment events 1995, August President Clinton announced his support of efforts by the Food and Drug Administration to regulate tobacco products. Part of the FDA'$ proposal is ban 0n tobacco-brand sponsorship 0f sports and entertainment events. This proposal threatens to increase the federal governmen/s role in sports and is serious concern t0 those of us in the sports and entertainment community. Like most Americans we want to make our Own decisions about how to run our lives and business addition, an FDA ban or: tobacco-brand sponsorship would have negative effect on some of the most popular professional sports and entertainment events in the United States Joining me in few minutes will be representatives from professional auto racing, rodeo bowlirg billiards, hydroplane, tennis iishirg, hunting; golf and music tours: today to oppose efforts to limit sponsorship of sports and entertainment here We are We've chosen t0 take events_ roday, stand here together on Capitol Hill to Show Members of Congress and the American public that many members &f the sports and entertainment community are unified in their opposition to sponsorship limits 1 Sponsorship has been extrerely important in the success of major sporting events in Sponsorship takes many differert forms, including point funds, series America sponsorships or sponsorship of individual events or teams. Sponsor contributions help event and series promoters to build first-rate facilities and attract and pay tp talent Sponsorship is especially important for developing The up-front financial commitment of sporsor companies is critical for ghoopterg spocce success and long-range planning:
DRAFT SRD PRESS CONFERENCE SPEECHES /FIRST DRAFT/3-21-96 Walter Czarnecki: Good morning: Thank you for coming: My name is Walter Czarnecki am Executive Vice-President of the Penske Corporation, am here today in our nation' capital tO talk about an issue that is of tne future of great importarce to sports and entertainment events in this country: Some officials in the federal government have chosen to try to involve thenselves in decision that has long been handled by private individuals and organizations. That is, the decision on which companies should be allowed to sponsor sports and entertainment events August 1995, President Clinton announced his support of efforts by the Food and Drug Administration to regulate tobacco products. Part of the FDA'$ proposal is ban 0n tobacco-brand sponsorship 0f sports and entertainment events. This proposal threatens to increase the federal governmen/s role in sports and is serious concern t0 those of us in the sports and entertainment community. Like most Americans we want to make our Own decisions about how to run our lives and business addition, an FDA ban or: tobacco-brand sponsorship would have negative effect on some of the most popular professional sports and entertainment States events in the United Joining me in few minutes will be representatives from tennis bowlirg professional auto racing, rodeo billiards, hydroplane, iishirg, hunting; golf and music tours: We are here today to oppose efforts to limit sponsorship of sports and entertainment events_ We've chosen t0 take stand here roday, together on Capitol Hill to Show Members of Congress and the American public that many members &f the sports and entertainment community are unified in their opposition to sponsorship limits Sponsorship has been extrerely important in the success of major sporting events in 1 America Sponsorship takes many differert forms, including point funds, series sponsorships or sponsorship of individual events or teams. Sponsor contributions help event and series promoters to build first-rate facilities and attract and pay tp talent Sponsorship is especially important for developing up-front financial commitment of sporsor companies is critical for ghoopterg spocce The long-range planning: success and