Club Revolutionizes How Car Enthusiasts Experience Driving the World's Most Desirable Automobiles

BOSTON--April 5, 2006--Scott Speed's Squadra Piloti is a national club that provides car enthusiasts with access to virtually any car that they want to drive. By connecting local car enthusiasts with each other, the club makes it convenient, affordable and hassle-free for its members to routinely drive a variety of exciting cars. Squadra Piloti, which is Italian for "Team of Drivers," launched its service in April 2006 and is rapidly becoming a favorite destination for the millions of car enthusiasts across the country.

Scott Speed, who is making his Formula One debut in 2006 racing for Scuderia Toro Rosso, is the first American driver in Formula One since Michael Andretti drove for McLaren in 1993. Like many professional race car drivers, Scott's enthusiasm for driving extends beyond the track to include a passion for driving some of the world's most desirable automobiles. Speed, a California native, says, "Squadra Piloti is a phenomenal club - when I'm off the track, it allows me to drive a variety of exceptional cars by connecting with local, reputable car enthusiasts like myself."

Squadra Piloti gives members access to their dream cars by creating a new online marketplace that allows members to connect with other local car enthusiasts in one of two ways. The first way permits two members to trade driving time on high-end cars that they already own. For example, if you are a Porsche owner who has a craving to drive the latest model Ferrari, Squadra Piloti will connect you with a nearby member who not only owns the latest model Ferrari, but who also wants to drive the Porsche that you own. The club arranges the details of a temporary car exchange that is a win-win for both members. The second way that Squadra Piloti connects members is by facilitating a transaction in which one member pays cash to acquire driving time in another member's car. The club makes it easy for anyone to drive their favorite cars: new members simply provide their location and indicate all of the cars they want to drive, and Squadra Piloti handles the rest.

The club, which is the first of its kind, offers car enthusiasts several advantages over existing alternatives. Unlike daily exotic car rental agencies, which need to charge high prices because their cars are typically driven only a few days each month, Squadra Piloti allows members to drive the same exotic cars at a significantly lower cost. While there are a handful of European car clubs based on a timeshare concept, their American counterparts currently exist in only a few select cities. Unlike such timeshare clubs, Squadra Piloti is national in scope, charges no initiation fee and offers free ongoing membership.

Squadra Piloti is rapidly gaining wide appeal among car enthusiasts, with the automobiles owned by club members already constituting the largest network of high-end cars in the country. Byron Cheng, a co-founder of Ferrari Driving Club, says, "Squadra Piloti is a true drivers' club. Our club members love Squadra Piloti because it makes it easy to connect with other like-minded car enthusiasts that they can trust." Cheng's friend and co-founder of Ferrari Driving Club, Jean-Louis Michel, added, "It doesn't matter how many cars you've driven, the real enthusiasts always want to drive one more - and Squadra Piloti can make that happen!"

While Squadra Piloti does have an established following among drivers of exotic cars, you don't need to own a sleek Italian automobile to become a member. So who should check out the new club? According to Scott Speed, "Any true car aficionado who loves to drive should be a member of Squadra Piloti."

About Squadra Piloti, LLC

Scott Speed's Squadra Piloti is a national club that provides car enthusiasts with access to virtually any car that they want to drive. The automobiles owned by Squadra Piloti members constitute the largest network of high-end cars in the country. Squadra Piloti brings together and connects like-minded automobile aficionados in all areas of the United States for the purpose of facilitating car exchanges that allow its members to build their repertoire of driving experiences, while having fun and getting to know other local enthusiasts. Any car enthusiast can become a member of Scott Speed's Squadra Piloti free of charge through the club's website located at http://www.squadrapiloti.com.