BLACK SWAN'S PAPPAS LIVES, RACES GREEN 24/7

Braselton, GA., Oct. 2, 2008 - Tim Pappas' Black Swan Racing has its Doran Ford GT-R entered in GT2 at Petit Le Mans.

Tim Pappas, President and CEO of Pappas Enterprises Inc., as well as driver and team owner of the Black Swan Racing's Falken-shod Doran Ford GT-R (in GT2), talks about his passion for greening the planet, one car and one building at a time. Pappas is at Road Atlanta this week competing in the American Le Mans Series' signature race, Petit Le Mans powered by the Totally New MAZDA6.

When not at the race track, Pappas lives in Boston operating an award-winning, environmentally conscious real-estate business. Beginning in 1999, Pappas acquired existing buildings and began transforming them into sustainable residential communities. Starting on the Court Square Press Building, Pappas Enterprises Inc., implemented environmentally-friendly systems, materials and processes for the first time in hopes of setting a new benchmark for the company. With the addition of the Macallen - a luxury condo building - to the complex, Boston has welcomed a 360-degree organic transformation. Pappas' inspiration came from educating and applying himself with the intent of making a difference.

"The goal of our company is to create a higher and greener functionality to our business," he said. "Over the years, we have recognized the importance behind the green movement, and as a developer and as a person, I have a responsibility. I am fortunate to have health, happiness and the ability to take advantage of opportunities; I take that blessing as my responsibility to give something back. As a developer, my responsibility is to develop buildings that are aesthetically pleasing, that are urbanized and that are sustainable. As a person, I have a real appreciation for the charitable and community projects."

Pappas: "There is also an obligation to reach the spectators. ... The Series must make this effort and others to set that example."

The efforts of Pappas Enterprises Inc., were acknowledged in April when the Macallen Building Condominiums achieved a Gold certification from the United States Green Building Council's Leadership in Energy and Environmental Design (LEED) program. With this recognition the Macallen Building was awarded the 2008 American Institute of Architects (AIA) Committee On The Environment (COTE) Top Ten Green Projects Award as well as the 2008 Residential Architect Design Award, along with several other noteworthy accolades concerning the greening elements implemented in their lofts.

With a conscious effort to explore new eco-friendly avenues - even on the track - Pappas discovers areas that can be sustainably refurbished. In conjunction with the American Le Mans Series' Green Challenge, Pappas accepts the same green opportunities while on the race track, in the paddock and traveling.

"When coming to Atlanta, we rented as few cars as we needed," said Pappas, who will drive with Anthony Lazzaro and Andy Pilgrim. "When we arrived at the track, we put out a separate trash bins for recycling. We provided the crew with water coolers with reusable water bottles. This has become a part of our day-to-day operations."

And with the introduction of the Green Challenge, the American Le Mans Series has accepted this green label and the moral responsibility to become a model in the racing community. "The Series has created the formula behind the scoring of the Green Challenge," Pappas said. "The formulas invite teams, manufacturers and drivers to support the use of alternative fuels, and to calculate the efficiencies and regulate the carbon emissions. But there is also an obligation to reach the spectators. It is important that we recycle at every race. The Series must make this effort and others to set that example."

Pappas noted Black Swan Racing's intent of introducing a bio-ethanol fuel to his Doran Ford GT-R for the 2009 American Le Mans Series season to put the team and manufacturer in contention to win the Green Challenge trophy. "The emotion behind not only winning a race but winning in the Green Challenge would be like icing on the cake," he admitted. "To win and exemplify the green philosophy, that would bring satisfaction to me as well as my team for all the efforts we have made. It would capture the Series' true spirit, with its top-level manufacturers and corporate partners, as they lead the sustainability of automobile racing to the forefront."