Oil Company to Sponsor Paul Newman and All-Star Racing Team in Rolex 24 Daytona Event

DAYTONA BEACH, Fla.--Feb. 4, 2005--ChevronTexaco today announced it will sponsor the race car driven by Paul Newman and a championship team of drivers in the Rolex 24 at the Daytona International Speedway on February 5-6. Newman will pilot the car, which will sport the Chevron logo, along with Sebastien Bourdais, Cristiano de Matta and Michael Brockman in the grueling 24-hour event. Three of the four drivers have won seven Champ Car World Series championship rings combined with Brockman serving as Newman's co-driver when they won the 24 Hours of Daytona in 1995.

"ChevronTexaco is proud of our association with an American icon like Paul Newman," said Wayne Klahs, vice president, Global Marketing Solutions with ChevronTexaco. "Paul's legacy in the world of racing complements our long-standing tradition in motorsports and supports Chevron's brand values of reliability and quality."