IRL: PetroMoly/Unser Get a Close 2nd Place Finish at Kobalt 500
20 July 1999
PetroMoly and Unser Dominate Field With a Close 2nd Place Finish at Kobalt 500
Worldwide PetroMoly Inc. (OTC BB:MOLY), the sponsor of the Robby Unser Indy Racing League car and provider of its premium engine oil, advanced its program of producing superior results this past weekend at the Pep Boys Indy Racing League (IRL) Kobalt Mechanics Tools 500, held at the Atlanta Motor Speedway in Atlanta.PetroMoly produces high-technology motor oils for all engines including passenger cars. The oil formulations are engineered with a safe stable suspension of Molybdenum, an element long known to dramatically inhibit friction and hold up under the most intense heat and stressful environments. PetroMoly now also manufactures a gear oil additive that can safely enhance transmission shifting, and extend the gearbox's ability to perform. Unser's race team elected to use the new additive after its gearbox manufacturer qualified the new product in successful field-testing. Robby Unser's race team uses PetroMoly's brand of lubricants to run in their racecar to improve performance, and to use its special properties to create the advantages of lower heat stress, higher compression, and durability over the long and incredibly stressful environments created in Indy car racing. Since the program began at the beginning of the season, the results have been increasingly impressive including an eighth place finish at the 1999 Indy 500.
On Friday, Unser qualified 10th at a speed of 213.169 mph out of a field of twenty-seven drivers. Earlier that same day in practice, the PetroMoly racecar turned in the forth-quickest lap time of the session at 214.430 mph.
Saturday's race day was set for a 7:30 p.m. start. The weather conditions were clear, but the bright sun sat on the horizon, creating a "blinding effect" in turn one. This created early pit problems for several teams, including Unser's, as the drivers were having difficulties distinguishing which pit was theirs. During the race, the crew put to use a skillful and intelligent strategy that kept Unser on the lead lap and in a position to strike. On lap 162 Unser took the lead, and was able to hold off the rest of the field until lap 177 when Scott Sharp slipped by. Unser finished in the second position under caution, a mere 0.159 seconds after the winner, Sharp, crossed the finish line. This marks the 4th top 10 finish of the season, and places Robby 7th in the championship hunt, with 139 points.
"This feels great, God was with us. The PetroMoly oil was a real asset, giving me good power and fuel economy," says Robby Unser. "The new PetroMoly gear oil also made the car feel great, and shift like I want it to; I noticed a real positive difference. If things had gone just a little different we could have won this one."
"This performance was spectacular on the part of Robby, the team and of course PetroMoly's lubricants," says Lance J.Rosmarin, president of Worldwide PetroMoly. "What a great way to introduce our gear oil additive and demonstrate the effectiveness of our technology. This is the big league in racing and nothing is ever certain in this sport. A lot of the teams are spending literally millions more than we are, yet we are able to consistently stay with, and/or dominate those with three times our budget. It's a combination of man, machine and oil that is doing it for us, with divine help and guidance at the same time. I am presently in discussions with several automotive retailers and general service centers who seem eager to stock our products. We are presently designing a new bottle for the oil treatment, and as soon as these bottles are produced, I hope to announce some exciting developments for sales and distribution."
For a free web link to view some of the PetroMoly and Unser events that took place on the Kobalt 500 race day and more, please visit:
http://www.robbyunser.com
Worldwide PetroMoly Inc. manufactures, markets and distributes high-performance lubricants for use in all types of motor vehicles, compressor engines and railroad locomotives. PetroMoly products incorporate a new proprietary process technology called molytech(TM). These products contain stable and suspended molybdenum disulfide (moly), a hard and extremely low-friction metal, which fills in the micro-porous, crater-like surfaces of pistons, rings and cylinder walls. This creates a more efficient engine environment and prevents metal-to-metal contact, thereby reducing friction, heat and wear. Moly is a slick and powerful antioxidant, known to have the world's lowest coefficient for friction. Worldwide PetroMoly is a sponsor in the Pep Boys Indy Racing League. For a information on the company and on PetroMoly products and technology, visit the PetroMoly web site at http://www.petromoly.com.
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.