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THE DIRT MILLION PRESENTED BY ARIZONA SPORT SHIRTS “FOR THE INDUSTRY.

BY THE INDUSTRY” ONE OF THE MOST UNIQUE EVENTS IN THE SPORT, THE DIRT MILLION IS ALSO SET TO BE ONE OF THE BIGGEST RACES IN DIRT LATE MODEL RACING HISTORY.

THE DIRT MILLION WILL BE A TEST OF THE OVERALL MARKETABILITY, HEALTH, DIVERSIFICATION, SIZE AND INFLUENTIAL POWER OF THE DIRT RACING INDUSTRY.

TAKE IT AS A CHALLENGE…SHOW THE MAINSTREAM THAT WE MEAN BUSINESS…THIS IS US…THIS IS #OURDIRTMILLION WELD RACING BECOMES PARTNER IN MAJOR DIRT LATE MODEL EVENTS WELD RACING Becomes Official Wheel of Gateway Dirt Nationals and the Dirt Million! — WELD RACING is the industry leader in racing and maximum performance wheels.

A newly formed partnership will now align the iconic “WELD RACING” brand with two of dirt racings largest events in 2018.

According to Page Six, the heiress, whose been proudly wearing her $2 million, 20-carat engagement ring since fiancé Chris Zylka’s romantic New Year’s proposal in January, was reportedly dancing with friends at the RC Cola Plant night club in the hip Wynwood section of Miami Friday when her ring came loose and slipped off her finger.

(In January, a source confirmed to PEOPLE that the couple hired extra security on their Aspen engagement trip to safeguard her $2 million diamond.) Zylka was on hand to help the security team at Miami night club search the VIP area for his bride-to-be’s ring, an uneasy task as the venue is nearly 50,000-square-feet and holds up to 7,000 people, according to its website.

A panicked Hilton reportedly “waited in tears” until her needle-in-a-haystack nightmare was over.

Her one-of-a-kind ring was found in an ice bucket two tables away from her VIP area.

Diamond expert and celebrity jeweler Michael Greene designed the gigantic, pear-shaped sparkler Zylka proposed with during the couple’s holiday ski trip in Aspen.

RELATED PHOTOS: See Paris Hilton’s $2 Million Engagement Ring from Every Angle Hilton has yet to address the ordeal, but the British deejaying trio Above & Beyond referenced her lost-and-found ring saga on Twitter, writing that they were “glad” she found her precious ring.

The jeweler behind the ring told PEOPLE that the design was inspired by a special ring Hilton’s mom, Kathy, wears.