NEWS RELEASE

Contact: Al Larsen, Andretti Green Promotions

Office: (317) 872-2700

alan.larsen@andrettigreenracing.com

2007 HONDA GRAND PRIX OF ST. PETERSBURG TO INCLUDE AMERICAN LE MANS SERIES EVENT

ST. PETERSBURG, Fla. (Sept. 29, 2006) - The third annual Honda Grand Prix of St. Petersburg, which is scheduled for March 30 through April 1, 2007, will be part of the 2007 American Le Mans Series (ALMS) schedule, according to officials with the Honda Grand Prix and ALMS.

The announcement was made during a press conference at Road Atlanta in Braselton, Ga., which is the site of this weekend's running of the ninth annual Petit Le Mans ALMS event.

"We're very excited to be able to add the American Le Mans Series to the Honda Grand Prix in 2007," said Kevin Savoree, managing director of the event. "ALMS will bring a world-class roster of sports car manufacturers and drivers to St. Petersburg, and offer a unique and exciting element to our event weekend."

The two-hour, 45-minute ALMS event will be run on Saturday, March 31, on the 1.8-mile, 14-turn course in the streets of downtown St. Petersburg, one day before the IndyCar Series takes center stage at the Honda Grand Prix. The Indy Pro Series is also expected to be part of the three days of racing action again in 2007.

The American Le Mans Series, founded in 1999 by entrepreneur Don Panoz, provides a year-long continuation of the world-renowned 24 Hours of Le Mans. The series features four classes of cars competing head-to-head. Audi, Porsche, Lola and Corvette currently headline the list of competing manufacturers and will be joined in 2007 by Acura, which announced its entry into ALMS earlier this year with Andretti Green Racing, Fernandez Racing and Highcroft Racing Ltd.

"The American Le Mans Series, as the premium brand of motorsports, is pleased to bring its world-class sports cars and unmatched group of manufacturers and corporate sponsors to this outstanding event," said Scott Atherton, president and CEO of American Le Mans Series. "With several new teams and manufacturers such as Andretti Green and Acura coming to the grid next year, we believe the American Le Mans Series will provide the Honda Grand Prix of St. Petersburg a new style of exciting racing that will further establish it as one of the premier events on the world racing calendar."

City officials are among those welcoming ALMS to the Honda Grand Prix.

"The combination of the IndyCar Series and the American Le Mans Series being held during one weekend in St. Petersburg is huge - both in terms of economic impact and in enhancing our city's image," said Mayor Rick Baker.

Tickets for the 2007 Honda Grand Prix are expected to go on sale later this fall. For more information on the Honda Grand Prix of St. Petersburg, please visit www.gpstpete.com.