BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile
Metaverse” or the “Company”), announces that BitNile.com
has been announced as the title sponsor, providing naming rights,
for the annual NTT INDYCAR SERIES event at Portland International
Raceway (“PIR”), Sept. 1-3, 2023. The Labor Day weekend
motorsport festival headlined by the 110-lap penultimate race of
the NTT INDYCAR SERIES season will be called the “BitNile.com Grand
Prix of Portland.”
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the full release here:
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BitNile.com Grand Prix of Portland 2023
Labor Day Weekend 2023 at the annual NTT INDYCAR SERIES event at
the Portland International Raceway (“PIR”), held Sept. 1-3, 2023.
For all ticket pricing, grandstand locations and additional
festival information, visit portlandgp.com. Stay up to speed on the
BitNile.com Grand Prix of Portland on social media all year long by
following #PortlandGP
Starting at 10:00 a.m. PT tomorrow, Aug. 2, 2023, single-day
tickets go on sale for the three-day event at PIR featuring 10
total races from five different series. Ticket prices start as low
as $25 for single-day general admission and $70 for single-day
grandstand seats. Three-day tickets remain available for purchase
and offer the best value. Fans should visit portlandgp.com to buy
tickets for the BitNile.com Grand Prix of Portland weekend.
BitNile.com, owned by BitNile Metaverse, is a rapidly growing
virtual world with over 1.4 million engaged users. Earlier this
year, the platform debuted social gaming with the launch of
roulette, offering users an opportunity to play for fun or real
money prizes, and the site also allows gamers the opportunity to
drive on virtual racetracks including the Indianapolis Motor
Speedway. BitNile.com also sponsors Ed Carpenter Racing, an NTT
INDYCAR SERIES team that will be represented by Indianapolis 500
winner Ryan Hunter-Reay and Rinus VeeKay in the BitNile.com Grand
Prix of Portland.
“I firmly believe that the BitNile.com Grand Prix of Portland
embodies the essence of innovation and technology, mirroring the
cutting-edge nature of the metaverse world we operate,” stated
Milton “Todd” Ault III, Executive Chairman of BitNile.com. “By
sponsoring this thrilling event at Portland International Raceway,
we aim to share our passion for technological advancement with the
world, creating an electrifying experience for IndyCar fans both at
the track and in the metaverse.”
The 2023 BitNile.com Grand Prix of Portland marks the 29th
running of this event, adding to the rich history of open-wheel
racing in the Rose City. The NTT INDYCAR SERIES headlines the
weekend and takes the green flag Sunday, Sept. 3, in a late-season
race that could decide and finalize the championship chase. The
series points leader after the completion of the past four Portland
rounds (2018, 2019, 2021 and 2022) has gone on to claim the NTT
INDYCAR SERIES championship.
“We are thrilled to welcome our new title sponsor and partner
BitNile.com to the team!” said Jerry Jensen, general manager of
Green Savoree Portland, which owns and operates the event at PIR.
“BitNile.com is already such a great supporter of IndyCar racing
through their sponsorship of Ed Carpenter Racing. With this new
partnership, we look forward to growing this event, building off a
strong foundation of classic IndyCar races dating back to 1984,
with invaluable support from BitNile.com.”
This year’s field will feature returning race winners Scott
McLaughlin (2022), Alex Palou (2021) and Will Power (2019). The
grid will boast other notable drivers such as 10-year Formula One
veteran Romain Grosjean and, including Power, eight Indianapolis
500 winners: this year’s winner Josef Newgarden, four-time winner
Helio Castroneves, 2008 winner and six-time NTT INDYCAR SERIES
champion Scott Dixon, Marcus Ericsson, Ryan Hunter-Reay, Simon
Pagenaud and Alexander Rossi.
The three top open-wheel development series that feed into the
NTT INDYCAR SERIES will also race at PIR on Labor Day weekend. INDY
NXT will battle on Sunday, Sept. 3, for 35 laps on the 1.964-mile,
12-turn permanent road course. Drivers from USF Pro 2000 Presented
by Cooper Tires and USF2000 Presented by Cooper Tires will contend
for championships as both series conclude their seasons with
tripleheader races across the weekend. Additionally, the U.S.
Touring Car Championship will add exciting sports car action to the
event lineup.
Children 12 and under receive free general admission to the
event. This also includes complimentary access to the NTT INDYCAR
SERIES Paddock throughout the weekend when accompanied by a
ticketed adult. PIR is located less than a tenth of a mile from a
public transit stop - the Delta Park/Vanport MAX Station on
TriMet’s MAX Yellow Line - making a trip to the track exceptionally
affordable for families.
For all ticket pricing, grandstand locations and additional
festival information, visit portlandgp.com. Stay up to speed on the
BitNile.com Grand Prix of Portland on social media all year long by
following #PortlandGP.
For more information on BitNile Metaverse and its subsidiaries,
BitNile Metaverse recommends that stockholders, investors, and any
other interested parties read BitNile Metaverse’s public filings
and press releases available under the Investor Relations section
at www.BitNile.net or available at www.sec.gov.
About BitNile Metaverse, Inc.
Founded in 2011, BitNile Metaverse (Nasdaq: BNMV) owns 100% of
BitNile.com, Inc., including the BitNile.com metaverse Platform.
The Platform, which went live to the public on March 1, 2023,
allows users to engage with a new social networking community and
purchase both digital and physical products while playing 3D
immersive games. In addition to BNC, BitNile Metaverse also owns
three non-core subsidiaries either directly or indirectly:
approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN)
indirectly; 100% of Zest Labs, Inc. directly; and approximately 89%
of Agora Digital Holdings Inc. directly. BitNile Metaverse also
owns approximately 70% of White River Energy Corp (OTCQB:
WTRV).
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended These forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and BitNile Metaverse will not undertake any obligation to update
any of these statements publicly in light of new information or
future events. Actual results could differ materially from those
contained in any forward-looking statement as a result of various
factors. In addition to risks relating to the acceptance of the
Platform by individuals, competition with much larger companies
operating metaverses and BitNile Metaverse’s ability to raise
capital, investors should review risk factors, that could affect
BitNile Metaverse’s business and financial results which are
included in BitNile Metaverse’s filings with the U.S. Securities
and Exchange Commission, including, but not limited to, Forms 10-K,
10-Q and 8-K. All such filings are available at www.sec.gov and on
the Company’s website at www.BitNile.net.
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version on businesswire.com: https://www.businesswire.com/news/home/20230801130546/en/
investorrelations@bitnile.net or 1-800-762-7293
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