London -- 22nd July '99- Malaysia's Alex Yoong decided on his 23rd birthday to accept Monaco Motorsport's sponsored offer to run him in all the five remaining rounds of the 1999 FIA International Formula 3000 Championship thus launching himself to the step just before Formula 1, six months ahead of his planned schedule.

"The offer made was too good for me not to accept as the price came with a sponsorship deal from the team.The experience which I will gain will place me in a strong position for my first full assault in the 10 round FIA International F3000 Championship next year." explained Yoong.

The five remaining rounds which Yoong will participate are supporting the Formula 1 GPs at Austria (this weekend) followed by the German GP the next weekend, the Hungarian GP, Belgium GP and the European GP at Nurburgring.

Yoong's father cum Manager Hanifah Yoong said that," Alex literally won this offer by virtue of his splendid debut F3000 effort in the Italian F3000 at Enna-Pergusa, Sicily last week when he finished 5th from 12th on the grid amongst many experienced F3000 runners. Although it will be uphill for him to make the cut for the 26 spots contended by 42 drivers this weekend at the Austrian GP, I support his decision since this will mean he will have a 6 months headstart for 2000 on the present championship leaders of the various F3 Championships in Europe."

The decision made by Alex also solved his problems of finding a good team for the British F3 Championship as his regular Alan Docking Racing Team may not be able to secure an engine supply contract to run him competitively as a third car in the team.

Alex's remaining 1999 programme will now comprise the 5 Italian F3000 races, the 5 FIA International F3000 races that support the F1 events in Europe, the Silverstone round 15 of the British F3 Championship and the Macau F3 Grand Prix in November 1999.

Speaking at the airport in Heathrow just before his departure for the A1-Ring in Austria, Alex said, "I'll do my best to qualify for the Austrian race despite having never visited this circuit before and the 45 mins. qualifying session will be my first time driving the circuit. My friend in London helped me last night racing with me in the A1-Ring on his Sony Playstation computer game which hopefully will make me a little familiar with the corners of the circuit."

The Alex Yoong Racing for Malaysia project which is a Malaysian government endorsed project is sponsored by The Ministry of Youth and Sports, Tourism Malaysia, Proton, Pan Global Insurance, Malaysia Airlines, SAMP, Brylcreem, RoadAssist and Neuronet Malaysia.