Miramar, Florida, December 31st, 2003: JMB Racing USA Team Ferrari will participate in pre-season testing at Daytona International Speedway this weekend in preparation for the season-opening 42nd Anniversary of the Rolex 24 At Daytona. JMB Racing USA Team Ferrari will enter one Ferrari 360 Modena in the GT class. The drivers' lineup for JMB Racing USA Team Ferrari #11 at the Rolex 24 tests this week at Daytona includes Iradj Alexander from Switzerland and Diego Alessi and Miss Eddi Gay, both from Italy.

"It feels good to go racing again with Ferrari. Daytona is one of the great racetracks in the world and one of our goals since we started JMB Racing USA has always been to win the fame 24-hour race," declared team co-owner Ludovico Manfredi. "2003 marked the first full season of racing in The United States for JMB Racing USA Team Ferrari. We are in the process of finalizing our American program for the 2004. Right now we are entered in the 2004 Rolex 24 at Daytona with one Ferrari 360 Modena in the GT class. Ferrari has been part of JMB Racing's program since 1998 and we certainly would like to continue our American program with the legendary marque that will celebrate 50 years of doing business in The United States this year. We are still working on our driver's lineup for the Rolex 24 at Daytona and should be able to announce more details on the drivers' lineup for the Rolex 24 and our racing program later on this January."

At the eve of the 2004 season, JMB Racing is a leading, globally active and independent organization, competing with Ferrari cars in the most prestigious GT series in Europe and North America. Since its inception in 1995 JMB Racing Team Ferrari has won 13 titles, among which were three FIA Sports Car World Cups in 1998-1999-2000 with the Ferrari 333 SP and one title as FIA N-GT World Champion in 2001 with the Ferrari 360 Modena.

Rolex 24 at Daytona Tests:

When: Saturday, January 3 - Monday, January 5, 2004

Where: Daytona International Speedway's 3.56-mile road course

Additional information on the Rolex Sports Car Series and pre-season testing is available online at www.grandamerican.com