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Intersport Racing - Mazda Raceway wrap-up

FOR IMMEDIATE RELEASE
October 21, 2007
Contact: John Thawley ~ johnt@c2group.com

Tough Break At Monterey Can’t Dampen Intersport Team Spirit And  
Plans For 2008

Monterey, Calif. — With the 2007 American Le Mans Series  
Championship now in the record books, hope springs eternal throughout  
the competitors’ paddock. And while their season finale at Mazda  
Raceway Laguna Seca may not have ended as they might have hoped,  
Intersport Racing, the Series’ perennial privateer team, symbolizes  
that renewed hope as they look forward to the Mobil 1 12 Hours of  
Sebring in 2008.

The #37 Very Berry Exotics AER powered Lola LMP1 car performed well  
throughout the week. Having rebuilt the car after an incident at   
Petit Le Mans, the team had the car back up-to-speed and turning very  
competitive times.

“I can’t believe what a great job our guys did getting the car  
repaired and ready in time,�?? acknowledge team owner and driver,  
Clint Field. “After the shunt at Road Atlanta, the car had to come  
right down to the tub. It’s unbelievable that the car was not only  
here and ready, but was extremely competitive.�??

Though Jon Field started the race with blistering lap times, the team  
couldn’t escape their recent string of bad luck.

“Dad [Jon Field] had a great first session,�?? said Clint. “We  
were having a ball watching him tear up the track. When he came in  
for a driver change, we thought it would be best to double stint the  
tires thinking it might be better than sending Richard [Berry] out  
with cold tires. Unfortunately, the temperatures had dropped  
drastically, cooling enough to still catch Richard off guard.  
Unfortunately, he had a spin heading into turn 6. So, that ended the  
race and our season.�??

“Regardless,�?? continued Clint, “we’re extremely pleased with  
the new car and we’re confident we’ll make more progress with it  
in the off-season. We’re planning several test sessions and we’ll  
do the Series’ Wheels Down test in the spring at Sebring. Believe  
me, we’re not down about this at all. Everyone is happy with the car  
and happy to be racing in the American Le Mans Series. We’re still  
having a ball!�??

Jon Field was recently acknowledged as being one of only three people  
who have competed in every season of the American Le Mans Series  
since its inception. Beginning with the 1998 Petit Le Mans, Field’s  
has competed in the Series both as a driver and a team owner. 2008  
will mark the 10th season for the American Le Mans Series.

Earlier this week, the Series announced its 2008 television schedule.  
The Series introduced a key new network partner, welcomed back a long- 
standing network broadcast friend and reaffirmed its 10-year  
relationship with SPEED through its recently announced new three-year  
agreement with the motorsports network.

For the first time in Series history, ESPN on ABC will join the mix  
of network broadcasters and will feature "three-in-a-row" second  
quarter event coverage from venues in St. Petersburg, Long Beach and  
Houston. It is the first time in American Le Mans Series history that  
it will be so heavily exposed early in its season during the  
important second quarter sports viewing season.

"We could not have a better start to our season than these four  
races," said Scott Atherton, CEO/President of the American Le Mans  
Series, "and to add a new television partner like ABC with its ESPN  
brand certainly validates the prestige and growth of our Series."

"We look forward to the opportunity to televise the American Le Mans  
Series and help it continue to grow," said Tag Garson, ABC senior  
director of programming and acquisitions. "We're very pleased to be  
associated with this great American road racing series."

In July, the Series returns to the airwaves of NBC Sports - the  
network of the Beijing Olympics next August - for the first time  
since 2004 from Mid-Ohio and the season finale at Mazda Raceway  
Laguna Seca (October) in the chase to its four-class championships.

"We at NBC believe that the American Le Mans Series is one of the  
most exciting and fastest growing sports entities across the board,"  
said Jon Miller, NBC's executive vice president of sports  
programming. "Our telecast from Mid-Ohio allows us to showcase one of  
America's classic sports car courses just as the American Le Mans  
Series is gathering momentum going into the second half of its season."

"The American Le Mans Series has become one of the marquee race  
series in America," said Gill Campbell, CEO/general manager of Mazda  
Raceway Laguna Seca. "It is certainly fitting that a premier network  
such as NBC recognizes the special event here in Monterey as we  
conclude the American Le Mans Series season."

SPEED, now reaching more than 74 million cable households in the  
United States and more than five (5) million in Canada, opens the  
season with its traditional endurance coverage of the 56th Mobil 1  
Twelve Hours of Sebring on March 15. The 2008 Series television slate  
also balances the exposure for SPEED's seven airings with Salt Lake  
City (May 18) and Lime Rock (July 12) before NBC Sports airs the  
Acura Sports Car Challenge of Mid-Ohio on July 20. Then, SPEED picks  
up the chase for the Series' championship with consecutive events  
from Road America, Mosport, Detroit's Belle Isle and Road Atlanta  
(Petit Le Mans) before NBC Sports caps the telecast season from Mazda  
Raceway Laguna Seca in Monterey, CA.

Earlier this month at the annual State of the Series address,  
Atherton announced a new three-year agreement with SPEED which will  
telecast up to seven American Le Mans Series events per season  
through 2010.

Internationally, the Series will continue to air "live" on MotorsTV  
in Europe to its 31 countries and 45 million viewers in four  
languages as part of an on-going multi-year agreement. "Live"  
platforms in Mexico and Latin America with Fox Latin America channels  
and Russia with terrestrial 7TV are expected to continue with various  
upgrades. The American Le Mans Series also has a partnership with  
Greenlight Television that delivers race highlights and three weekly  
anthology programs - Motorsports Mundial, Planet Speed and Max Power  
- to nearly 500 million television viewers worldwide.

The American Le Mans Series features 12 races in 2008, including the  
prestigious season-opening Mobil 1 Twelve Hours of Sebring (March 15)  
and the 1,000-mile/10-hour Petit Le Mans. All other races are sprint  
endurance formats, ranging from an hour, 40 minutes at Long Beach to  
four hours at both Road America and the Series finale at Mazda  
Raceway Laguna Seca. All events are televised by CBS, NBC or SPEED.

The 2008 American Le Mans Series will kick off with the 2008 Mobil 1  
Twelve Hours of Sebring on Saturday, March 15, 2008 from historic  
Sebring International Raceway. SPEED will provide live television  
coverage. American Le Mans Radio and IMSA's Live Timing & Scoring  
will be available at americanlemans.com.

2008 AMERICAN LE MANS SERIES TELEVISION SCHEDULE
March 15, Mobil 1 Twelve Hours of Sebring, SPEED
April 5, Acura Sports Car Challenge of St. Petersburg, ABC
April 19, Grand Prix of Long Beach, ABC
April 26, Lone Star Grand Prix Presented by MSR Houston, ABC
May 18, Utah Grand Prix, SPEED
July 12, American Le Mans Northeast Grand Prix, SPEED
July 19, Acura Sports Car Challenge of Mid-Ohio, NBC Sports
August 9, Generac 500 at Road America, SPEED
August 24, Grand Prix of Mosport, SPEED
August 30, Detroit Belle Isle Grand Prix, SPEED
October 5, Petit Le Mans, SPEED
October 18, Monterey Sports Car Championships, NBC Sports

Very Berry Exotics specializes in buying and selling some of the  
world's more exotics and hard to find automobiles. Not only do they  
sell cars already in the inventory, Very Berry Exotics will search  
for automobiles that are their customer's dream cars. Company owner  
Richard Berry founded Very Berry Exotics in 2004 and is himself a racer.

Based in Chicago, Klein Tools is a family-owned and operated company  
which has been in business since 1857, designing, developing,  
producing and marketing worldwide quality tools and protective  
equipment to meet the demanding needs of trade professionals who earn  
a living with their tools. The company, which initially grew as the  
premier plier manufacturer for the telecommunications and electrical  
industries, offers hand tools used in construction, electronics,  
mining, electrical, communications, aviation, security, audio/video  
and other fields.

Klein Tools, which employs approximately 1,000 people nationwide,  
began its motorsports association to support the marketing efforts of  
the company and its distributorships in key markets. Klein Tools’  
motorsports sponsorship has also led to the development of products  
specifically designed for the motor racing industry including spark  
plug pliers and protective wheel gun covers now used by sports car  
and open wheel racing teams.

The American Le Mans Series is the premium brand of motorsport in  
North America, featuring high-tech sports cars from the most  
prestigious automobile manufacturers in the world. Its unique four  
classes of competition showcase exotic, open-top prototypes and  
sophisticated production-based GT cars, all competing on the track at  
the same time. The American Le Mans Series competes at the premier  
road racing tracks across North America and at selected temporary  
street circuits in major urban markets. With a 2007 television  
package that includes five network broadcasts on CBS and NBC and  
seven telecasts on SPEED, plus live broadcasts across Europe, the  
Series delivers a global marketing platform that is unmatched in  
motorsports. The Series, founded in 1999 by Georgia entrepreneur Don  
Panoz, represents a mirror image to the prestigious 24 Hours of Le  
Mans, the world’s most famous and authentic automobile race. The  
American Le Mans Series features elite marques such as Audi, Porsche,  
Corvette, Aston Martin, Ferrari and Panoz, and premium brands such as  
Michelin, Yokohama, Kumho, Lowe’s, Shell and many others.