BARRON POSTS FOURTH-PLACE FINISH FOR CHEVY IN PHOENIX

PHOENIX, March 21, 2004 - On a scorching afternoon in the Valley of the
Sun, Alex Barron shined as Chevy's top finisher in the IRL Copper World
Indy 200 at Phoenix International Raceway. Barron brought his Red Bull
Cheever Racing Chevrolet Dallara across the stripe in fourth place, 7.32
seconds behind the leader. Starting 17th in the 20-car field, Barron gained
13 spots in the course of 200 laps. Rookie Mark Taylor finished 12th in the
Menards/Johns Manville Chevrolet Dallara. Accidents eliminated Chevrolet
drivers Tomas Scheckter, Robbie Buhl and Ed Carpenter; none were injured.

Tony Kanaan won the IRL IndyCar Series' Phoenix round for the
second consecutive year in Andretti Green Racing's Honda Dallara.

Conditions at PIR were difficult, with 96-degree heat and a wilting
desert wind. Barron overcame the obstacles of a slippery racing surface and
heavy traffic to post his best finish since he joined Cheever Racing.

"Right away my car was really good and I didn't have to make
many adjustments," Barron reported. "We were a little conservative at the
end with the rubber pickup on the tires, and I thought maybe I could get
third. Overall we're real happy with the result.

"The Chevy power ran great in the race," Barron continued. "I struggled a
bit this weekend in qualifying. We concentrated in the warm-up on having a
good car. The engineering staff and the crew put together a good car for
me. We came back, and that's what counts."

Tomas Scheckter appeared to be headed for a podium finish in Panther
Racing's Chevrolet Dallara. Running third with 20 laps to go, Scheckter was
hit from behind by Dario Franchitti under the yellow flag brought out by
Robbie Buhl's accident in Turn 4.

"I slowed for the yellow and was hit from behind," said Scheckter. "I heard
my spotter call 'Yellow, yellow, yellow!' It was a crash that shouldn't
have happened."

Scheckter's misfortune elevated his teammate Mark Taylor in the
final standings. Taylor finished 12th, the best result of his young IndyCar
Series career.

"Being a rookie, I struggled in the first 50 laps to gain confidence
and really push the car," Taylor said. "I could have done better if I'd
pushed a bit harder in the beginning, but when the car's twitching like
that, I'm not going to take any risks after what happened in Homestead.

"The engine was great all the way through," Taylor continued. "We only did
two pit stops so fuel wasn't a problem. I was able to overtake on the
outside when I needed to.

"I was a tough day, with the heat and the rubber on the track at the
beginning of the race," he declared. "It was hard work out there, and I'm
happy to have finished with that result. It would have been nice to get a
top 10, but at least we finished, and that's the most important thing."

Rookie driver Ed Carpenter was not so fortunate in Cheever Racing's
second entry. He encountered the SAFER barrier "soft wall" on the 133rd
lap.

"I was going into Turn 1 with Takagi and Ray and we were all trying to
pass Sharp," Carpenter recalled. "I got impatient and lost my head for just
a minute. I tried to turn in a little too hard and just pinched it off and
spun out. It's a shame. The guys gave me a really good car to work with and
I just made a mistake and lost it."

Buhl also tested the SAFER barrier after he lost a portion of his rear wing
on the backstretch. With the sudden loss of downforce, Buhl crashed in the
next corner, but emerged from the wreckage without injury.

"It's unfortunate because the guys had worked hard on the car, and gave me
a good car for what we had to work with," said Buhl. "We kept running hard,
and I think we would've gained a couple of more spots by the end of the
race."

The IndyCar Series will journey to Japan for the Indy Japan 300 at Twin
Ring Motegi on April 17. The third round of the 16-race series will be
televised live on ESPN2 at 12 a.m. EDT.

RACE SUMMARY
Track: Phoenix International Raceway, 1-mile oval
Winner: Tony Kanaan, Andretti Green Racing Honda Dallara
Margin of Victory: .5344 seconds
Average Speed: 127.981 mph
Pole: Dan Wheldon/Honda, 174.779 mph
Fastest Lap: Darren Manning/Toyota, 161.433 mph

RESULTS
Pos./Driver/Engine/Laps
1. Tony Kanaan/Honda, 200
2. Scott Dixon/Toyota, 200
3. Dan Wheldon/Honda, 200
4. Alex Barron/Chevrolet, 200
5. Darren Manning/Toyota, 200

12. Mark Taylor/Chevrolet, 198
16. Tomas Scheckter/Chevrolet, 180 (accident)
18. Robbie Buhl/Chevrolet, 177 (accident)
19. Ed Carpenter/Chevrolet, 132 (accident)

CHAMPIONSHIP STANDINGS (after 2 of 16 events)
Driver/Engine/Points (victories in parentheses)
1. Tony Kanaan/Honda, 77 (1)
2. Helio Castroneves/Toyota, 71
3. Dan Wheldon/Honda, 70
4. Sam Hornish Jr./Toyota, 65 (1)
5. Darren Manning/Toyota, 58

Manufacturer/Points (victories in parentheses)
1. Toyota, 17 (1)
   Honda, 17 (1)
3. Chevrolet, 10

NEXT EVENT
April 17, 2004, Indy Japan 300, Twin Ring Motegi, Motegi, Japan
TV: ESPN2, 12 a.m. EDT