GMAC to Sponsor Sarah Fisher in IRL

Race Update: Sarah's engine let go early in the race and she slammed into the wall
...she's ok but out of the race.
 
    INDIANAPOLIS - With anticipation building for Sunday's Indianapolis
500, Dreyer & Reinbold Racing announced today that GMAC Financial Services
will sponsor the #23 Chevrolet-powered Dallara driven by Sarah Fisher in
the Indy 500 and for the remainder of the 2003 Indy Racing League IndyCar
Series.

    "Everyone has been working very hard to bring this deal to fruition,
and we're extremely pleased to have GMAC riding with us for the remainder
of the season," said team co-owner Dennis Reinbold. "We've been insistent
from the start that Sarah deserved a strong, competitive program, and we
welcome GMAC's solid support in helping to make that happen."

"We're very excited about this opportunity to expand our presence
in racing to the Indy 500 with such an outstanding representative as
Sarah Fisher," said Jim Farmer, vice president, GMAC Merchandising,
Advertising and Communications. "She'll be a great addition to the GMAC
racing team."

    Long active in the racing community, GMAC has been affiliated with
NASCAR racing since 1994, supporting Winston Cup drivers Jeff Gordon, Terry
Labonte, Jimmie Johnson and Joe Nemechek, and Busch series drivers Brian
Vickers, Kyle Busch and recently retired Ricky Hendrick.

    "It's taken some time, but support continues to grow for our efforts,
and we appreciate the confidence that GMAC has in our race team," said
Sarah Fisher. "With the business issues falling into place, we can keep our
focus on the track and getting the most out of our race car."

    Fisher, 22, is one of the leading drivers in the Indy Racing League.
In 2002, she became the fastest woman ever to qualify for the Indianapolis
500 and the first woman to qualify on the pole for a major league open-wheel 
race in North American motorsports' history. She was the
youngest driver in Indy Racing League history when she made her debut at 19
in 1999, and she was only the third woman ever to qualify for theIndianapolis 500, 
a feat she first accomplished in 2000. Fisher's Indy 500,
effort is also supported by AOL Broadband, Raybestos Brand Brakes, and the
Girl Scouts' new "Girls Go Tech" campaign.

    GMAC Financial Services includes automotive financing, commercial
finance, insurance and mortgage products, and real estate services. With a
presence in 41 nations, GMAC earned $1.9 billion in 2002. A wholly owned
subsidiary of General Motors since 1919, GMAC has extended more than $1
trillion in credit to finance upwards of 150 million vehicles.

    General Motors Corp. , the world's largest vehicle
manufacturer, employs 342,000 people globally in its core automotive
business and subsidiaries. Founded in 1908, GM has been the global
automotive sales leader since 1931. GM today has manufacturing operations
in 32 countries and its vehicles are sold in more than 190 countries. In
2002, GM sold more than 8.6 million cars and trucks, nearly 15 percent of
the global vehicle market. GM's global headquarters is at the GM
Renaissance Center in Detroit. More information on GM and its products can
be found on the company's consumer website at www.gm.com.