ATLANTA, Ga. (November 16, 2001) - Evernham Motorsports and Ultra Motorsports today announced the formation of a new partnership. This partnership agreement represents the continued growth strategy of the president and CEO of Evernham Motorsports, Ray Evernham, and his Winston Cup organization, further expanding his quest for a championship.

The agreement for 2002 outlines plans for Evernham Motorsports to field the No. 9 Dodge Dealers Intrepid R/T with Bill Elliott as the driver as well as the No. 19 Dodge Dealers Intrepid R/T with Jeremy Mayfield as the driver. Ultra Motorsports will field with the No. 7 Dodge Intrepid R/T with Casey Atwood as the driver, with a sponsor to be named later.

"Evernham Motorsports and Ultra Motorsports have proven championship leadership," said Evernham. "This partnership allows both organizations the opportunity to work together, increase their performance, share their engineering resources and capitalize on opportunities to place each team in victory lane. "

The partnership, which joins Dodge's Winston Cup Series development partner with the manufacturer's lead Craftsman Truck Series team, involves support from team owner Ray Evernham and Evernham Motorsports for team owner Jim Smith and Ultra Motorsports. This support includes the transition of rookie driver Casey Atwood to the No. 7 Dodge, production of engines for the No. 7 team, and support from Evernham Marketing Services for sponsorship development. Ray Evernham also will provide consultation and management of competition personnel.

Ultra Motorsports will provide management of day-to-day operations of the No. 7 team, which will be based out of Ultra Motorsports current headquarters in Mooresville, North Carolina.

"The support that our organization will receive from Evernham Motorsports will prove invaluable to our operation," said Jim Smith, team owner of Ultra Motorsports. "Casey Atwood, as driver of the No. 7 Dodge, brings bright young talent to this partnership. The experience he has gained this season and his natural driving ability will make this team a contender."

Dodge and the Dodge Dealers will continue their sponsorship of the No. 9 and No. 19 Dodge Intrepid R/Ts from Evernham Motorsports. The No. 7 car will be an additional Dodge Intrepid R/T competing in the 2002 NASCAR Winston Cup Series.

"Dodge is extremely pleased with this new partnership," said Bob Wildberger, senior manager, NASCAR Operations for Dodge. "We are always looking for ways to share our collective resources and experiences under the "one team approach," and this is a great example. We are excited to have a proven champion like Bill Elliott as the veteran anchor of this team while the addition of Jeremy Mayfield brings seasoned Winston Cup driving experience. We are thrilled to have a young talent like Casey Atwood continue as an important member of the Dodge Motorsports program."

For more details, see the Dodge Evernham article.