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G SQUARED MOTORSPORTS: Matt Smith captures his first career win at Indy


G SQUARED MOTORSPORTS
OWNERS: GEORGE BRYCE & GEORGE SMITH

NHRA POWERADE DRAG RACING SERIES
PRO STOCK MOTORCYCLE: G SQUARED S&S BUELL
RIDER: CHIP ELLIS and MATT SMITH

51ST ANNUAL NHRA MAC TOOLS U.S. NATIONALS
INDIANAPOLIS RACEWAY PARK - INDIANAPOLIS, IND.
AUGUST 31- SEPTEMBER 5, 2005

Chip Ellis:
Qualified: # 7 (7.112 seconds at 181.28 mph)
Eliminations:
Round 1: Ellis (7.109/186.54) def. Mike Berry (7.301/181.08)
Round 2: Ellis (7.139/185.82) lost to Matt Smith (7.162/180.19)

Matt Smith:
Qualified: # 2 (7.090 seconds at 184.52 mph)
Eliminations:
Round 1: Smith (7.207/185.72) def. Chris Rivas (7.272/176.81)
Round 2: Smith (7.162/180.19) def. Chip Ellis (7.139/185.82)
Round 3 (Semifinal): Smith (7.178/185.77) def. Matt Guidera (Red light: 
7.350/178.99)
Round 4 (Final): Smith (7.114/186.12) winner over Steve Johnson 
(7.206/185.08)


Matt Smith captures his first career win at Indy
Ellis advances to the quarterfinals

CLERMONT, Ind. (September 5, 2005) - In the second final round of his 
career, Matt Smith rode his Red Line Oil G Squared S&S-powered Buell to 
a win over Steve Johnson at the 51 annual NHRA Mac Tools U.S. Nationals, 
the most prestigious event on the NHRA POWERade Drag Racing Series.

En route to the final round Smith turned back Chris Rivas, Chip Ellis 
and Matt Guidera.  In the final round Smith caught Johnson at the finish 
line to capture his first career win.

Matt Smith, 32, from King, N.C., is the son of veteran Pro Stock (car) 
driver Rickie Smith.  He began racing Pro Stock Motorcycle in 1996.  His 
first final round came at Memphis last season when he finished runner-up 
to Antron Brown.

"Friday was the first time I even sat on this Buell," said Smith.  "I 
knew immediately after that first pass that I had a bike that could win 
it all.  I appreciate the opportunity that George Bryce and George Smith 
of G Squared gave me this weekend.  To win the U.S. Nationals is awesome 
and a one of the kind experience.  I know I'll never forget it.

"I want to also thank Mac Tools and Mike Ashley's Gotham City Racing for 
their support."

EVENT RECAP:

Chip Ellis and Matt Smith, both aboard G Squared S&S Buells, set their 
sights on the most sought after prize on the NHRA POWERade Drag Racing 
Series - a Wally, emblematic of winning this weekend's NHRA Mac Tools 
U.S. Nationals.

In the opening round of eliminations, Ellis turned back Mike Berry. On a 
picture perfect Chamber of Commerce day, Ellis blazed the Indianapolis 
Raceway Park (IRP) quarter-mile in 7.109 seconds, easily outdistancing 
Berry's 7.301 run.

While Ellis was sending Berry packing, Smith won over Chris Rivas, also 
on a Buell.  Smith overcame a .001-second reaction time by Rivas, 
running an elapsed time of 7.207 seconds to turn on the finish line lights.

This paired Ellis and Smith in round two.

On a holeshot, Smith overcame a pass of 7.139 seconds by Ellis.  Smith 
turned an advantage of 38 hundredths, coupled with an elapsed time of 
7.162 seconds, into a win.  Smith's margin of victory was about four 
feet (.0157 of a second).

Smith moved into the semifinals against the Buell of Matt Guidera.

Guidera's red light in the semifinal round sent Smith into the final 
round against Steve Johnson.  Smith had lane choice by virtue of his 
7.178 second run against Guidera.

Johnson got out first at the green and it took every inch of the IRP 
track for Smith to run him down but the power of his S&S engine did the 
job. Smith's margin of victory was one ten thousandth of a second.

"I hesitated at the light because I didn't want to red light," said 
Smith.  "Fortunately, I didn't throw away the win.  Since George (Bryce) 
teaches us to focus on a spot at the end of the track, I didn't know 
where Steve (Johnson) was.  I hear it was close at the finish line."

NEXT RACE: After a weekend off, G Squared Motorsports move to Maple 
Grove Raceway, near Reading, Penn., for the Toyo Tires Nationals, which 
unfolds September 15-18.

TELEVISION: Eliminations coverage for the 51st annual NHRA Mac Tools 
U.S. Nationals can be seen on ESPN2 as follows:

Monday, Sept. 5, ESPN2 will televise three hours of eliminations 
coverage at 8 p.m. (ET)
Friday, Sept 16, ESPN2 will televise a two-hour repeat show of 
eliminations at 2 a.m. (ET)

Television times are Eastern Time (ET) and subject to change at 
anytime.  Check local listings.

G SQUARED MOTORSPORTS:  When Harley Davidson accelerated their effort in 
NHRA, S&S Cycle decided in 2002 to join the battle.  Because of his vast 
R&D experience, coupled with his racing background, S&S asked George 
Smith to head their project to field a competitive S&S V-Twin bike on 
the NHRA circuit.  Smith immediately asked George Bryce, who had been 
working with S&S Cycle on a similar project, to join the new endeavor 
and G Squared Motorsports was formed in 2003.  Both Smith and Bryce knew 
if they collaborated on the project, joining the resources, knowledge 
and talents of S&S and Star Racing, they could produce a competitive 
bike to race in Pro Stock Motorcycle competition on the NHRA POWERade 
Drag Racing Series.  The G Squared/S&S-powered V-Twin Buell debuted in 2004.