For the official press release from Red Bull Air Race GmbH regarding the cancellation please read below or visit www.redbullairrace.com.

STATEMENT

13 July 2010

Red Bull Air Race World Champion to be crowned in Germany following cancellation of this year’s Budapest race

The Red Bull Air Race in Budapest has been cancelled this year due to lengthy delays in the permissions process the organization announced with regret today. Interrupting a six-year tradition of racing in the Hungarian capital, the Red Bull Air Race World Champion will now be crowned after the final race of the 2010 season at EuroSpeedway in Lausitz, Germany on 7 th & 8 th August.

Budapest has been an annual fixture on the Red Bull Air Race World Championship calendar since 2004 with enormous crowds of more than 600,000 spectators watching the racing from the banks of the Danube River. This year’s race, which would have been the seventh annual race in Budapest, was set for 19 th & 20 th August.

Red Bull Air Race GmbH CEO Bernd Loidl expressed his disappointment over the Budapest cancellation, which comes just a week after a race cancellation in Portugal due to unexpected delays in reaching a revised host city agreement. But he said he hoped Budapest would be back on the calendar in 2011. Loidl also said the 2011 calendar – which will include a return to New York after the historic first race there in June; will be announced after the final round in Germany next month.

“Having safely and successfully executed the Red Bull Air Race World Championship in Budapest for the past six years, it was a tough decision to make,” Loidl said. “Following so close to the cancellation of the Portugal race last week, we are obviously disappointed and every effort will be made to see a return to Budapest in 2011. Securing the future of the Red Bull Air Race World Championship is paramount and making tough decisions is part of that process. We look forward to announcing the 2011 calendar after the final round in Germany including a much anticipated return to New York in the United States.”

The battle for the 2010 Red Bull Air Race World Championship will remain intense at Lausitzring in Germany, where defending champion Paul Bonhomme is holding a five-point lead over 2008 champion Hannes Arch of Austria. Arch has won three of the last five races and is confident he can overtake Bonhomme down the home stretch of the 2010 season to take his second title. The race in Germany will be the 50 th Red Bull Air Race since the sport was created in 2003. It has been a FAI-recognised world championship since 2005.

Ticket Refunds:
For tickets purchased via www.redbullairrace.com – refunds will be made automatically to the purchaser’s credit card, to the face value of the event ticket.

Tickets purchased through ticketing, travel or hospitality agencies are advised to contact their sales agents directly for a refund.

For further information contact:
media@redbullairrace.com

For more information on the cancellation please read the official statement from Red Bull Air Race Gmbh below or visit www.redbullairrace.com.

STATEMENT
7 July 2010

Final round of the Red Bull Air Race World Championship 2010 in Portugal Cancelled

The Red Bull Air Race GmbH today announced that the final round of the 2010 World Championship, which was to be held in Portugal on 4th and 5th September, will be cancelled due to the unexpected delays in reaching a revised host city agreement.  The negotiation process with the associated cities of Lisbon, Porto and Gaia was positive, however time ran out to execute a race of this size, complexity and of the quality expected of the strong fan base in Portugal.

The 2010 race was originally announced on 21st December 2009 to take place in Portugal’s capital city, Lisbon.  Earlier this year the City of Lisbon, in an effort to secure a longer term agreement for Portugal, approached the Cities of Porto and Gaia to develop a joint proposal which would have seen the race alternate between the north and south of Portugal over the next four years.

“The Red Bull Air Race is committed to keeping Portugal on the race calendar, however, due to the delays in finalising the agreement, we were faced with making a tough decision to cancel the race for 2010 due to the time available to plan and execute a quality event.” said Mr Bernd Loidl, CEO Red Bull Air Race GmbH.

“Making such a decision is not easy and I would like to take this opportunity to thank our valued sponsors, broadcast partners and fans around the world for their support and understanding.  I would also like to thank the Cities of Lisbon, Porto and Gaia, along with Tourism of Portugal and Tourism of Lisbon, as every effort was made from all sides to reach a revised agreement; however, time simply ran out.  We hope to continue discussions to see the race return to Portugal again in the near future,” Loidl said.

Just five years since it was officially launched, the Red Bull Air Race World Championship has evolved to become the most exhilarating and fastest growing motor sport on the planet and has touched down in spectacular locations around the world from the beaches of Rio de Janeiro to the West Coast of Australia, and most recently its debut in New York on the Hudson River.

The Red Bull Air Race World Championship is a visual spectacle unlike any other, delivering raw sporting drama set amidst vibrant landscapes.  The sport has quickly built a staggering following around the world with millions captivated by the exciting and dynamic racing format.

For further information
Contact: media@redbullairrace.com

Watch Michael fly along side the Canadian Forces “Snowbirds”, Kent Pietsch, David Martin, Greg Poe, and more wonderful performers. Michael will perform Thursday, Friday, Saturday and Sunday. The complete schedule may be found HERE.

Along with your admission ticket, be sure to purchase a pit pass so that you can visit Michael and his team on the ramp (and see all of the other racing aircaft up close)!

Website: http://www.airrace.org/indexJS.php

Location: Reno Stead Airport

Hours of flying and racing: 8:00am – 4:30pm  each day

Watch Michael fly along side the F-22 Raptor, John Klatt, Robosaurus, Kent Pietsch and many other wonderful military and civilian performers! Gates open at 9am Saturday and Sunday.

Website: http://www.californiacapitalairshow.com/

Location: Sacramento, CA – Mather Field

Mike Goulian and the Navy’s Blue Angels will perform along side other well-known air show performers including the Brazilian Smoke Squadron Air Force Demonstration Team – click here for the complete list. Flying starts at 9:30am both days.

We look forward to seeing you there.

For complete information, please visit their website at: http://www.bostonnewenglandairshow.com/