Hard Work Pays off as Kletjian Wins GT-1 Award at Toronto

CONTACT: Justin Anderson,
Ph: 704-348-9400, Cell: 704-589-2100

FOR IMMEDIATE RELEASE

HARD WORK PAYS OFF AS KLETJIAN WINS GT-1 AWARD AT TORONTO

TORONTO, Ontario (July 10, 2004) ‹ Motorock Trans-Am Series GT-1 Driver
Development Program participant Garrett Kletjian was determined to run the
Trans-Am in T.O., part of the Molson Indy Toronto on Saturday. So determined
in fact was the Hingham, Mass. driver that he took a broken down race car,
fixed it at the track, and thrashed all weekend fighting gearbox problems.
It all paid off Saturday, though, as Kletjian, with his ninth-place finish,
was celebrating on the podium as this weekend¹s GT-1 winner.

As a reward for being this race¹s highest-finishing GT-1 racer, Kletjian
took part in victory lane ceremonies, as well as participating in the
post-race press conference.

³I want to thank Trans-Am for this GT-1 program. Obviously we want to see
more GT-1 competitors out here and I think this is the right way to do it,²
said Kletjian, driver of the No. 20 www.upscalelingerie.com
<http://www.upscalelingerie.com/> Qvale Mangusta. ³It worked out well for us
today.

³We just bought a new car,² added Kletjian. ³This was just the second time
we even rolled this car off the trailer. So we¹re pleased with our results.

³We¹re hoping to use this program as a stepping stone,² concluded Kletjian,
who also plans to compete at the Grand Prix de Trois-Rivières July 30-Aug.
1. ³We want to pick up our program so we can hopefully run full time in
Trans-Am next year.²

The GT-1 Development Program, announced earlier this year, will award the
GT-1 Drivers¹ Championship, presented for the first time in 2003, and will
further recognize the importance of GT-1 involvement in Trans-Am
competition. In order to create more visibility, the Program will recognize
the highest-finishing GT-1 competitor at each event during winner¹s circle
festivities. The top-finishing GT-1 driver will also be invited to take part
in post-race media interviews, and, when possible, will participate in
television interviews.

Also, those competitors winning GT-1 races at the SCCA Valvoline Runoffs at
the Mid-Ohio Sports Car Course, and the June Sprints at Road America, will
be presented a GT-1 Trans-Am Series Support Package, which includes, among
other things, free entries to Trans-Am Series races.

GT-1 competitors will continue to be eligible for regular Trans-Am
championship points, contingency monies and race awards. Special GT-1
contingency awards are also being planned.

The Motorock Trans-Am Series features closed-fendered, production-based,
V-8-powered sports cars, competing on permanent road courses, and temporary
street and airport circuits throughout North America. The Trans-Am Series is
America¹s oldest continuously running road racing series and celebrates its
39th year of competition in 2004.

###