Westwood One Partners With The Performance Racing Network

WESTWOOD ONE

PARTNERS WITH

THE PERFORMANCE RACING NETWORK

–– Westwood One adds motorsports to its roster of sports programming and now offers

a full schedule of sporting events throughout the entire calendar year. –

New York, NY – November 16, 2010 – Westwood One (NASDAQ: WWON) announced today a multi-year joint marketing agreement with The Performance Racing Network (PRN) for ad sales, research and affiliations. The agreement adds the NASCAR Sprint Cup Series and NASCAR Nationwide Series to Westwood One’s sports programming offerings. Both NASCAR series air from March through November.  With this partnership, Westwood One now has a year round presence in live play-by-play sports.

“We are pleased to partner with PRN to add motorsports to our program lineup and offer our customers a year-round schedule of play-by-play radio sports,” said Westwood One President, Rod Sherwood.

“We are thrilled with the growth potential this partnership brings to PRN and look forward to a long, healthy and mutually beneficial relationship,” said Doug Rice, president and general manager of PRN. “Although PRN will continue to self-represent for sales and affiliations in the majority of cases, this partnership with Westwood One will create some new opportunities for us.”

Westwood One is the leader in play-by-play sports broadcasts on radio. Westwood One’s sports lineup also includes regular season NFL football, the Playoffs and the Super Bowl; NCAA Football and Basketball; the Masters, the Olympics and more.

For more information, contact Gerry Horn, Performance Racing Network, at (704) 454-4704 or ghorn@GoPRN.com, or Steve Harrison, Westwood One, at (386) 873-4302 or via email at Steven_Harrison@westwoodone.com.

About Westwood One

Westwood One (NASDAQ: WWON) is one of the nation’s largest providers of network radio programming and one of the largest domestic providers of traffic information in the U.S. Westwood One serves more than 5,000 radio and 165 TV stations in the U.S. Westwood One provides over 150 news, sports, music, talk and entertainment programs, features and live events to numerous media partners. Through its Metro Traffic business, Westwood One provides traffic reporting and local news, sports and weather to more than 2,250 radio and TV stations. Westwood One also provides digital and other cross-platform delivery of its Network Radio and Metro Traffic content to over 700 radio, television and newspaper affiliates.

About the Performance Racing Network

The Performance Racing Network (PRN) is one of two NASCAR licensed multi-broadcast radio networks which markets, produces and distributes motorsports programming 365 days a year.  PRN broadcasts 13 NASCAR SPRINT Cup Series races, ten NASCAR Nationwide Series events and produces “Fast Talk”, “The Pit Reporters”, “Garage Pass” and “zMAX Racing Country.”   Performance Racing Network is a subsidiary of Speedway Motorsports, Inc. (NYSE:TRK), a leading marketer and promoter of motorsports entertainment in the United States. Its programming airs on more than 725 radio stations.