GRAND PRIX RACEWEAR UNDER NEW MANAGEMENT

Silverstone, February 6, 2009: The long-term future of one of the iconic names in British motorsport, Grand Prix Racewear (GPR), has been secured, following the acquisition of the company's assets by Martin Hines.

Established over 21 years ago, GPR is regarded by many as the Harrods of motorsport; an emporium featuring the world's top brands, with highly-knowledgeable staff on hand to supply anyone from a six-year-old junior karter to a Formula 1 star with the very best in racing helmets, racewear and accessories.

In a time of great economic uncertainty, that attention to detail, focus on quality and customer-led philosophy is now set to grow.

The new management structure has confirmed that GPR will continue to be based at the 10,000 sq ft purpose-built headquarters at Silverstone Circuit in Northamptonshire, the home of British motorsport.

GPR is a thriving business, which currently holds in excess of £1m of stock and offers over 15,000 product items. GPR supplies a huge array of motorsport accessories from the world's leading brands, and is renowned worldwide for supplying professional racewear for elite drivers - including racing overalls (suits), boots and gloves as used by today's champions, be it in Formula 1, rallying, touring cars or karting.

Martin Hines has been professionally involved in motorsport for over 40 years, as a world championship winning competitor, talent-spotter and businessman. He won the FIA World Superkart Championship three times, the FIA European Championship six times and was multiple British Champion. Martin owns and runs Zip Kart (based at Hoddesdon in Hertfordshire), the leading manufacturer and supplier of racing karts, and runs the Zip Kart Young Guns team, which has discovered, and continues to discover, some of Britain's best racing drivers, including Lewis Hamilton, David Coulthard, Anthony Davidson, Gary Paffett, Jason Plato, Luke Hines, Oliver Turvey, James Colado, Oliver Rowland and Jake Dennis.

Martin Hines said: "Grand Prix Racewear is recognised as the Harrods of motorsport; the one place you can go to buy the leading brands from people who know the business inside out. We want to continue to do what GPR does best - supply motorsport equipment to serious and professional motor racing drivers of all ages on a global basis.

"GPR will continue to provide customers with expert advice, value for money and the best products the motorsport market has to offer. It will also continue to specialise in safety equipment and stock all the top brands, including Alpine Stars, Sparco, Puma, SABELT, OMP, Arai, BELL, Simpson and Stilo, to name but a few. We'll supply everyone from beginners to Formula 1 drivers and everyone from six to 96 years old can visit our emporium and find the very best equipment on the market.

"I've been involved in motorsport for 40 years, and for over 20 of those years GPR has been associated with excellence. It's a brand I know very well, and one which I, like many involved in motorsport, am passionate about. It's a British motorsport institution known throughout the world, and I believe now is the right time to invest in GPR and to secure its long-term success."

Grand Prix Racewear can be found at: Unit 1, Silverstone Technology Park, Towcester, Northamptonshire, NN12 8TN, or online at http://www.gprdirect.com.