Petersen Motorsports Gambles For Win, Ends With Top-Five

PETERSEN MOTORSPORTS/ WHITE LIGHTNING RACING GAMBLES FOR WIN, ENDS WITH
TOP-FIVE

SONOMA, Calif., July 27, 2003 – Petersen Motorsports/ White Lightning Racing
gambled on a one-stop pit strategy in today’s Grand Prix of Sonoma here at
Infineon Raceway and ended the day with a fifth-place in GT class, 17th
overall. Johnny Mowlem, of Warfield, England, and Long Beach, California’s
Craig Stanton started the #31 Westward Ho Casino/ MMPIE/ PAWS/ XtraJet/
Justice Brothers Porsche 911 GT3 RS third in class and led before a caution
flag in the second-half of the two hour and 45-minute American Le Mans
Series (ALMS) race offset the advantage of the Michael Petersen-owned
Porsche. Taking high percentage chances comes naturally to the Las
Vegas-based operation and today’s strategy of a single pit stop for fuel,
Michelin tires and a driver change (Mowlem to Stanton), called by team
manager Dale White and engineer Harry Haggard, would have given the Petersen
Porsche a significant advantage had the race gone caution-free the second
half of the event.

"Our strategy was to do the race on one pit stop,” explained White. “It
could have gone either way. If it'd stayed green we probably would have won.
But, the last yellow gave everyone else the opportunity to pit and that hurt
us."

Haggard offered the following comparison: “We played ‘Battleship’ and lost
the battle."

"The day worked quite well,” reflected Stanton after taking the checkered
flag. “We tried some strategy that, if things had worked out with the yellow
and the greens, we would have won. The Porsche ran just flawless all
weekend. I want to thank Mike Petersen, Dale White and all the guys at
Petersen Motorsports/ White Lightning Racing. They did an awesome job."

Petersen Motorsports/White Lightning Racing will compete in the next United
State’s round of the ALMS at Road America on August 24.

Petersen Motorsports/ White Lightning Racing began operation in the late
1980s competing in off-road endurance events. The duo of White and Petersen
joined to win over 50 off-road truck victories including three-consecutive
overall wins at the Baja 1000 and Baja 500 and four SCORE, SNORE and SODA
championships. Since introducing the team to sports car racing, the effort
has scored victories in the Trans-Am Series, Speed Challenge Series and
endurance sports car wins at the 24 Hours of Le Mans, Watkins Glen and at
the Rolex 24 of Daytona.

For more, please visit www.PetersenMotorsports.com.

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Digital images and complete team and driver bios available upon request.
Editors, please do not publish any contact information other than web sites.
Thank you.

contact: Tom Moore, Petersen Motorsports/ White Lightning Racing,
770-466-5442 (office), 404-229-3703 (cell), tom@darkhorsecom.com