PDF Executive Director's REPORT

Executive Director's

REPORT

INSIDE

? Possible NASCAR Sale ? Free Internship ? SEF Project Update ? Embraer Electric

Air taxi

Sebring News | May 2018

FREE INTERNSHIP OFFER: SOUTH FLORIDA STATE COLLEGE

Lee, Garrett is offering to an internship this summer from May 21 to June 15. As the coordinator of the newly established Engineering Program at South Florida State College, he is required to help mold the engineering technology curriculum to best suit the needs of local businesses. To that end, he is wishing to participate in an externship with a local industrial or manufacturing company in order to bolster partnerships and gain insight into current business needs and expectations. A position of this type would be ideal for helping the college figure out how best to serve students and

the community by giving an education that leaves their graduates ready to step into the workforce. Salary and benefits are covered by the college. If you are interested and for additional details, contact Garrett 863-7847439. or email Garrett.Lee@southflorida.edu

NASCAR'S MAJORITY OWNERS EXPLORE SALE

The majority owners of NASCAR, the Daytona Beach company which operates the namesake U.S. car-racing series, are exploring options that include the sale of a majority stake. The move comes as NASCAR grapples with an aging fan base, stricter safety rules and a competitive media landscape that have weighed on its popularity and made it less attractive to advertisers and sponsors.

While Reuters' report in early May was the first to specifically name the company ? Goldman Sachs ? with whom NASCAR was reportedly working to gauge interest in a sale, a local TV station in Charlotte, N.C., first raised the prospect of a sale in January during the annual Media Tour.

In its report, "Could NASCAR be in play for a new owner?," WBTV Charlotte spoke with former Charlotte Motor Speedway executive H.A. "Humpy" Wheeler about rumors of a possible sale and he actually brought up the prospect there could be those on "Wall Street" that may be interested for the right price.

SEF PROJECTS UPDATE

Rail Project 30% Plans submitted in April, review meeting held with FDOT and CSX in April. 90% Plans submittal due in June. Copies of 30% sent to CSX and FDOT.

Master Plan Update Coordinating Exhibit A and sustain-ability. Working Paper 3 will be submitted next.

Apron Project 90% plans submitted on April 25, review meeting held with FDOT in April. Tenant meeting

on 5/11. Waiting on comments from FAA on Alternatives report, planning on submitting 100% documents in June once FAA comments are received.

Webster Turn Tenant meeting conducted in April. Scope and fee submitted to airport for design. Waiting on NTP to begin design.

AWOS Bid documents in Airports court.

Fencing Repairs AVCON in process of evaluating bids received.

Main terminal re-roofing Dry-in completed. Roofing material delivery begins 5/15/18

Storm Damage project Bob Swaine is working with Design Builder on contract. Design Builder is working on pricing and a guaranteed maximum price.

Florida Job Growth Grant Fund application This was submitted for assistance with land acquisition and runway extension.

Economic Development Administration preapplication This was submitted for storm water infrastructure improvements.

Wayne Estes, President and General Manager on future events and more

Demolition on the Green Park drive-over bridge is complete, stress tests on the spans for the new bridge are complete, and engineering for the new structure is in its final stages. Submission for approvals on engineering drawings to the Airport and City should be coming very soon. The hope is to start the bridge

in June and complete the project before the end of September.

We are planning the November 11 weekend Michelin Encore event, which if all parts come together, will be much more than a minor motorsports event. We have a vision for a three day weekend with music, overnight activities, and three

racing events. Stay tuned as this event develops.

We continue to seek a building renter for the building formerly occupied by the Skip Barber Racing School.

Final drawings for a second pit road have been submitted and approved by FIA for next year's World Endurance

Championship (WEC) event. There is no actual construction. Simply moving some walls and fences around, and adding a new debris fence atop the wall at Turn 16 to protect the teams servicing cars on the new pit road. Work for this will be complete before year's end.

EMBRAER ELECTRIC TAXI CAB: LIKE UBER FOR THE SKIES

Meet The Battery Guru Who Will Help Keep Uber's Sky Taxis Flying

Having gotten Teslas to a 300-mile range, Celina Mikolajczak now must push Uber's electric air taxis to 60 miles of flight and 15-minute recharges.

Celina Mikolajczak, Uber's new head of energy storage systems, embodies the same attributes she desires in her products: cool and calm, but packing a lot of power.

In January, she left Tesla to head up battery development for Uber Elevate, the ride-sharing company's audacious program to launch an affordable electric sky taxi program by 2023.

If and when the skies turn into something similar to "The Jetsons," Embraer's facilities in Melbourne could be a key player.

In fact, it already is to some extent. Last week, Embraer X, an Embraer offshoot based at the Orlando Melbourne International Airport, unveiled concept images of its first electrical Vertical Take-Off and Landing, or eVTOL aircraft. The unveiling took place at Uber's Elevate 2018 in Los Angeles, a conference where a number of aviation manufacturers, entrepreneurs and others presented cutting-edge ideas for the future of urban air travel. Think Uber taxi-cabs for the skies. Embraer X is involved in numerous projects, including the development of eVTOL concepts, with Uber and other companies to explore opportunities within the Uber Elevate ecosystem. While much of the concept work for the future aircraft took place in Melbourne, it's a little too early to say that if Embraer's eVTOL were to come to fruition it would be built on the Space Coast.

Pictured below: On Tuesday Embraer X, an Embraer offshoot based at the Orlando Melbourne International Airport, unveiled concept images of its first electrical Vertical Take-Off and Landing, or "eVTOL" aircraft concept.

Sebring Regional Airport 128 Authority Lane Sebring, Florida 33870 sebring- 863.655.6444

With strategic access to major markets by land, sea and air--Sebring Regional Airport and Commerce Park offers a wide range of business advantages and incentives to support your company's future. In the heart of Central Florida, the 2,000-acre park is conveniently situated within a 150-mile radius of 85 percent of the state's population. Already home to Sebring International Raceway, a premier sports car racing facility, the park is uniquely positioned to accelerate your business.

SITE MAP

A C C E L E R AT E YOUR BUSINESS'S POTENTIAL

AT A GLANCE

Transportation Access

U? Major Highways: Nearby Highways 27, 70 & 98 link to Florida's Turnpike and major interstates: I-4, I-95 & I-75.

? U? Air: Sebring Regional serves corporate aircraft and air freight.

Infrastructure

? U? Electrical service: Progress Energy ? U? Water & Sewer: City of Sebring Utilities ? U Natural Gas: Sebring Gas

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