WASHINGTON, D.C., October 31, 2006 — XM Satellite Radio, the nation's leading satellite radio

company with more than 7 million subscribers, announced today that the Andretti Green Racing

(AGR) team will host “The Andretti Green Racing Hour,” exclusively on XM Satellite Radio

beginning February 2007. XM is the official satellite radio network of the Indy Racing League and

broadcasts every IndyCar Series race live and nationwide.

“The Andretti Green Racing Hour” will be a one-hour weekly program featuring drivers from the

Andretti Green team, as well as Michael Andretti, co-owner of Andretti Green Racing and open wheel

racing legend. The 2007 Andretti Green driver lineup will include, among others, Danica Patrick, 2005

IndyCar Series Bombardier Rookie of the Year; Marco Andretti, 2006 IndyCar Series Bombardier

Rookie of the Year; Bryan Herta, two time IndyCar Series race winner; and Tony Kanaan, 2004

IndyCar Series champion.

Racing fans will be able to hear the biggest names in racing on “The Andretti Green Racing Hour”

each week on XM's all sports channel, XM Sports Nation.

"XM is the exclusive home to racing's biggest stars," said Eric Logan, executive vice president,

Programming, XM Satellite Radio. "‘The Andretti Green Racing Show' will give fans the chance to

hear from the superstars about what it's like behind the wheel and beyond the track. It's insight that

only XM can provide."

"We're thrilled to be joining XM's outstanding lineup of sports programming," said Michael Andretti,

co-owner of Andretti Green Racing. "Racing fans across the country will now not only be able to get

behind-the-scenes access to races and rivalries, but ‘The Andretti Green Racing Hour' will provide the

ultimate access into the lives and unique personalities of each of the drivers."

In addition to “The Andretti Green Racing Hour,” XM is home to exclusive, weekly radio shows

hosted by NASCAR superstars Dale Earnhardt, Jr. and Jimmie Johnson. XM is the sports leader in

satellite radio, with more than 5,000 live sporting events in 2006. In addition to the Indy Racing

League, XM has Major League Baseball, National Hockey League, NBA games on ESPN Radio,

NASCAR, PGA TOUR, college football, college basketball, boxing, and soccer. XM also offers the

most sports talk on satellite radio, including its newly-launched XM Sports Nation channel, ESPN

Radio, ESPNews, and Fox Sports Radio.

Founded in December 2002, Andretti Green Racing® (AGR) is based in Indianapolis, Ind., and is

owned and operated by partners Michael Andretti, Kim Green and Kevin Savoree. Andretti Green

competes in the Indy Racing League® IndyCar® Series. The winningest team in Indy Racing League

history, Andretti Green Racing fields a series-high four full-time entries in the IndyCar Series, all of

which are powered by Honda engines. In a joint venture with Team Green Investments, Andretti

Green Racing also comprises a major component of Andretti Green Promotions, which owns and

operates the Honda Grand Prix of St. Petersburg. Entering its third year in 2006, the Honda Grand Prix

is contested on a temporary street circuit in downtown St. Petersburg, Fla., and owns the distinction of

being the first non-oval race event ever included on the Indy Racing League schedule.

XM (NASDAQ: XMSR) is America's number one satellite radio company with more than 7 million

subscribers. Broadcasting live daily from studios in Washington, DC, New York City, the Country

Music Hall of Fame in Nashville, Toronto and Montreal, XM's 2006 lineup includes more than 170

digital channels of choice from coast to coast: commercial-free music, premier sports, news, talk radio,

comedy, children's and entertainment programming; and the most advanced traffic and weather

information.

XM, the leader in satellite-delivered entertainment and data services for the automobile market

through partnerships with General Motors, Honda, Hyundai, Nissan, Porsche, Subaru, Suzuki and

Toyota, is available in more than 140 different vehicle models for 2006. XM's industry-leading

products are available at consumer electronics retailers nationwide. For more information about XM

Contact: David Butler

XM Satellite Radio

202-380-4317

david.butler@xmradio.com