TEAM REPORTS (CONCORD, NC.) - RED BULL ANNOUNCES NEW GENERAL MANAGER

Red Bull Racing Team is pleased to announce Jay Frye as General Manager effective January 14, 2008. Jay Frye brings on board 16 years of experience in the NASCAR industry, most recently with a 12-year stint as CEO and GM of Ginn Racing (formerly MB2 Motorsports). “Red Bull along with Toyota has all the necessary tools to compete at a very high level. I’m excited about the opportunity to work with an organization that has unlimited potential,” says Frye. With a long-standing history of industry success, Frye completes Red Bull Racing Team’s search for a GM, since the position was vacated in June 2007. Guenther Steiner, who joined the team in 2006 with extensive Formula One technical expertise, will continue to work as Technical Director and focus fully on delivering advanced engineering performance and technology. Red Bull Racing Team's focus on superior and precision engineering paired with Jay Frye's industry expertise is certain to lead to consistent and successful results in 2008.

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