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Olds Powers Montoya to Indy Victory

28 May 2000

OLDSMOBILE MOTORSPORT REPORT: Sunday, May 28, 2000
Contact: Rick Voegelin/831-761-2201
Website: www.oldsmobilemotorsports.com


INDIANAPOLIS 500 TOP FIVE FINISHERS:
   
Pos./Driver/Engine             Laps
1. Juan Montoya/Oldsmobile     200
2. Buddy Lazier/Oldsmobile     200
3. Eliseo Salazar/Oldsmobile   200
4. Jeff Ward/Oldsmobile        200
5. Eddie Cheever Jr./Infiniti  200

OLDSMOBILE ON TARGET WITH FOURTH STRAIGHT INDIANAPOLIS 500 VICTORY

INDIANAPOLIS - Target Ganassi Racing's Juan Montoya dominated the 84th
running of the Indianapolis 500 today to become the first rookie since 1966
to win the world's most famous auto race. Montoya led 167 of 200 laps on
the 2.5-mile Indianapolis Motor Speedway oval with his Oldsmobile-powered
G-Force. He took the checkered flag with a 7.184-second margin of victory
over 1996 Indy 500 winner Buddy Lazier.

    "This is still the biggest race in the world, and this is the biggest
win in the world," said team owner Chip Ganassi.

    Montoya scored Oldsmobile's fourth straight Indianapolis 500 victory
and extended the IRL Aurora V8's winning streak to 33 consecutive
races. Exceptional fuel mileage, outstanding pit stops, and impeccable
driving under pressure gave Montoya an insurmountable advantage. The
reigning CART champion started in the middle of the front row. He took the
lead for the third and final time when he passed his Ganassi Racing
teammate Jimmy Vasser with 20 laps to go.

    Although Montoya's victory in the rain-delayed race seemed effortless,
he insisted that it was a hard day's work. "The car was perfect," declared
the 24-year-old Colombian. "I was pushing as hard as I could every lap
today."

    Montoya and Ganassi were impressed by the fuel efficiency of their
IRL Aurora V8 engine. "We were talking about what good mileage this car got
on the yellows compared to our CART car," Ganassi laughed. "I said we
better get these guys talking to our CART team about getting better
mileage."

    Montoya's winning Oldsmobile engine was prepared by Comptech Machine
of Eldorado Hills, Calif. "We spend a lot of time working on fuel mileage,"
said Comptech principal Doug Peterson. "Juan is able to drive smoothly and
go fast while using less fuel than the other guys. That's part of his
technique."

    This was the first Indy 500 for the new 3.5-liter version of
Oldsmobile's undefeated IRL Aurora V8 racing engine. "We had done a fair
amount of testing on the new engines, and we were confident of their
ability to go the distance," Peterson added.

     Oldsmobile IRL Aurora V8 engines powered the top four finishers and
led all 200 laps. Thirty-one of the 33 starters used Oldsmobile
powerplants, and 20 Oldsmobile entries were running at the finish.

    In addition to the 200 race laps led by Oldsmobile engines, the
all-new 2001 Aurora led the first and last laps on the track today. Actor
Anthony Edwards drove the Aurora pace car that brought the field to the
green flag, and Montoya and Ganassi made a victory lap sitting atop an
Aurora.

    Runner-up Lazier pressured Montoya in the closing stages, cutting his
lead to just .137 seconds before the final round of pit stops. "I had the
car to win today," declared Lazier, whose late-race charge was thwarted by
race traffic. "We came from 16th on the grid to running right behind Juan.
My engine, tires, and chassis were spectacular today."

    Lazier hustled Hemelgarn Racing's Delta Faucet Oldsmobile Dallara to
the fastest lap of the race on the 198th circuit, recording a 218.494 mph
lap while in hot pursuit of Montoya. He took the lead in the championship
race with 138 points over Robbie Buhl and Scott Goodyear, who are tied for
second with 112 points.

    A.J. Foyt, the owner of last year's Indy 500 winning entry driven by
Kenny Brack, also fared well in this year's edition. Foyt's drivers Eliseo
Salazar and Jeff Ward finished third and fourth respectively with
Roush-prepared Oldsmobile engines.

    "Maybe tomorrow I'll be happy with third," said Salazar after
his career-best Indy 500 finish.

    The race pace was furious in the opening segment with a 207 mph
average speed in the first 50 laps. Pole winner Greg Ray brought out the
first of seven yellow flags when he encountered the Turn 2 wall on lap 66.
The star-crossed polesitter returned to competition only to hit the same
wall again on lap 143. Crowd favorite Al Unser Jr. was sidelined by a
damaged radiator after running over the debris of Ray's first crash.

    The Indianapolis 500 featured two female drivers for the first time
in history. Sarah Fisher and Lyn St. James started 19th and 32nd
respectively. The two tangled in the first turn on lap 74; neither driver
was injured, but both retired from the race.

    After a two-week break, the Indy Racing Northern Light Series will
run back-to-back races at Texas Motor Speedway in Fort Worth and Pikes
Peak International Raceway in Fountain, Colo., on June 10 and June 18
respectively.

RACE SUMMARY:
Track: Indianapolis Motor Speedway, 2.5-mile oval
Winner: Juan Montoya, Target Ganassi Racing Oldsmobile G-Force
Margin of Victory: 7.184 seconds
Average Speed: 167.607 mph

Manufacturer Results:
          Oldsmobile    Infiniti
Laps Led    200            0
Starters     31            2
Running
at Finish    20            2

Winning Oldsmobile Engine Builder: Comptech Machine

POINT STANDINGS:
(After 4 of 9 events)
Driver/Engine              Wins    Points
1. Buddy Lazier/Olds        1       138
2. Robbie Buhl/Olds         1       112
 Scott Goodyear/Olds        0       112
4. Eliseo Salazar/Olds      0       110
5. Eddie Cheever/Infiniti   0       104

Manufacturer    Wins    Points
1. Oldsmobile    4        43
2. Nissan        0        28

NEXT RACE:
Casino Magic 500, Texas Motor Speedway, Fort Worth, Saturday, June 10, 2000
TV: ESPN, 8:00 p.m. ET
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  E-mail from: Rick Voegelin, 28-May-2000