PRNewswire - XM Satellite Radio (Nasdaq: XMSR), the nation's leading satellite radio provider with over 4 million subscribers, today announced that it will provide the first satellite radio broadcast of The Indianapolis 500 with coverage of the race on Sunday, May 29. The Indy Racing League (IRL) IndyCar(R) Series most famous racing event will also be the debut of XM Satellite Radio's "Fast Cash Finish," a national promotion offering eligible motorsports fans the chance to share the rewards of victory with the #7 XM Satellite Radio IndyCar Series vehicle, driven by Bryan Herta.
"XM's coverage of The Indianapolis 500 will give a national radio audience the opportunity to enjoy minute-by-minute action, color and analysis of America's most revered annual motorsports spectacle," said Hugh Panero, president and CEO of XM Satellite Radio. "With our unmatched motorsports programming, XM subscribers with a need for speed have the widest possible menu of sports entertainment options."
XM recently announced a multi-year agreement as the official satellite radio provider of the IRL, which includes broadcasting the IMS Radio Network's live race coverage of 17 events, pre-race programming, and additional segments on Extreme XM (XM channel 152), plus IRL updates on a variety of XM talk channels. Coverage of the Indianapolis 500 will air on Sunday, May 29 at 12 noon (EDT) on Extreme XM.
In addition to being the exclusive satellite radio partner of the IRL, XM is the exclusive satellite radio service for NASCAR, with every race in all three national championship series; the official satellite radio network of Major League Baseball, with live games for every team all season long; and the official satellite radio network for the PGA Tour, the Atlantic Coast Conference, Big Ten, and Pac-10 college sports conferences. XM also is official satellite radio home for English and Spanish-language coverage of the FIFA World Cup Soccer 2006 Tournament. In addition, XM also carries ESPN Radio, ESPNews Radio, Fox Sports Radio, and Sporting News radio.