Krohn Racing Enters VIR Grand-Am Rolex Event

Braselton, March 25, 2009: This week Krohn Racing entered the Grand-Am Rolex Sports Car Series event at Virginia International Raceway with the No. 76 Krohn Racing Ford Lola with drivers Nic Jönsson and Ricardo Zonta.

“I’m expecting Nic and Ricardo to demonstrate the performance of the Proto-Auto Lola,” said Tracy W. Krohn, owner/driver of Krohn Racing. “I will not be joining them at this event with the No. 75 car as my regular day job takes priority at this time of opportunity. Nevertheless, I am committed to seeing the Krohn Racing team win and hoping to make arrangements for the No. 75 car to compete in further rounds.”

“In my 26 year tenure as CEO of W&T Offshore, Inc. (WTI – NYSE), I have never seen a greater time for opportunistic posturing and will be taking advantage of that during the 2009 season. Currently I am only scheduled to race in the 24 Hours of Le Mans in June with the Risi-Krohn Ferrari,” added Krohn. “I will be joined by Nic and Eric van de Poele. Eric continues as one of our Krohn Racing drivers in 2009.”

“We know Tracy will be following the team closely and hopes to be in attendance at as many races as possible,” said Krohn Racing Team Manager David Brown. “He knows first-hand the benefits of the development program that the team has conducted and I’m sure he expects to witness us win very soon. The 75 car represents a great opportunity for funded drivers and we anticipate interest.”

The Krohn Racing team was formed in late 2005 to campaign the 2006 Grand-Am Rolex Sports Car Series and beyond. That year Krohn Racing collected three victories, six podium finishes, 14 Top Ten finishes, one pole and won the Grand-Am Daytona Prototype Drivers’ Championship. They also finished second in the Prototype Team Championship. Krohn Racing continued in 2007 in Grand-Am, finishing 4th and 12th in DP Team Championship after garnering six podiums, nine Top Five and 15 Top Ten finishes. In 2008, Krohn Racing competed with two new Proto-Auto Lolas and accumulated two podiums, six Top Five and 13 Top Ten finishes, along with one pole position. Proto-Auto was created between Lola Cars and Krohn Racing in 2007 to build a Prototype chassis for Grand-Am competition for 2008. The Proto-Auto Lola debuted in March 2008 at Homestead-Miami Speedway.

The Krohn Racing team is an independent racing team located in Braselton, Georgia.