SCHEDULE 14A INFORMATION
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Global Motorsport Group, Inc.
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(Name of Registrant as Specified in Its Charter)
Golden Cycle, LLC
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(Name of Person(s) Filing Proxy Statement (if other than the Registrant)
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GOLDEN CYCLE TO DELIVER CONSENT TO GLOBAL MOTORSPORT GROUP
WYNNEWOOD, PA, April 16, 1998 -- Golden Cycle, LLC today announced that it
intends to deliver a written consent to Global Motorsport Group, Inc.
(NASDAQ:CSTM) on Monday, April 20 in connection with its consent solicitation.
Golden Cycle believes that the delivery of the consent to the company will
establish the record date for holders of Global Motorsport common stock entitled
to vote on its proposals to, among other things, remove the current Board of
Directors of the company. Golden Cycle believes that consents must be delivered
by June 19 in order to be effective. Global Motorsport purports to have set
March 30 as the record date for the solicitation and has contended that consents
must be delivered by May 29. Golden Cycle believes that the record date and
expiration date issues will be resolved by the Delaware court.
