Andretti Green Racing Hires John Lopes as Vice President

INDIANAPOLIS, Ind. (Jan. 7, 2005) - Andretti Green Racing (AGR) announced today it has hired John Lopes to serve as vice president.

Lopes, a 15-year veteran of the motorsports industry, will officially join Andretti Green's Indianapolis-based operation on Monday, Jan. 10. In his new role with the team, Lopes' primary focus will be business development, including new sponsor acquisition, special projects, administration and management services.

The announcement comes as Andretti Green prepares for the 2005 Indy Racing League® IndyCar® Series season, where it will look to defend the championship it won in 2004. The team will once again field a league-high four Honda-powered entries during the 17-race IndyCar Series season, which begins March 6 at Homestead-Miami Speedway in Homestead, Fla.

"To say that we're thrilled to have John join Andretti Green is an understatement," said Kevin Savoree, who owns the team along with partners Michael Andretti and Kim Green. "Michael, Kim and I have always had great respect for John and all the intangibles he brings with him. Personally and professionally, guys of John's caliber are very hard to find."

Lopes comes to AGR from Champ Car where he has worked as executive vice president of operations since 2001.

"I have known Michael, Kim, Kevin and many of the members of Andretti Green Racing for years and I have admired them as one of America's premier sports properties," said Lopes. "Andretti Green Racing's on-track and off-track success is staggering. I considered jumping back into the team side of our business for a while and I am eager to hit the ground running. Concurrently, I am sad to bid farewell to the dedicated staff at Champ Car who have accomplished so much in spite of great challenges. It has been my privilege to serve as an officer of Champ Car these past four years and I wish both the staff and the owners of Champ Car continued success."

Lopes graduated in 1985 from the United States Military Academy at West Point, N.Y., with concentrations in both engineering and international security. While at West Point, Lopes served as co-captain of the varsity football team and class president of the class of 1985. He served over five years as an air-cavalry aviation officer/helicopter pilot and served as an aviation headquarters commander in the Seventh Infantry Division during "Operation Just Cause" in the Republic of Panama.

Lopes began his career in motorsports in 1990 while attending Duke University School of Law where he graduated with a Juris Doctor in 1993. While in law school, Lopes managed marketing projects in the stock car racing industry, including Winston Cup. From 1993 to 1998, Lopes practiced law in Dallas, Texas, and extended his motorsports participation by representing drivers, teams and sponsors.

From 1998 to 2001, Lopes served as general manager of TeamXtreme Racing in the Indy Racing League. He joined Champ Car in 2001 (then known as CART) and managed the team owners franchise board. His scope of responsibilities as the executive vice president of operations also included logistics, safety, medical, electronics, chassis and engine programs, the competition department, management of promoter agreements and relationships, and other strategic planning initiatives, including the privatization of the company in 2004.

During his career, Lopes has also been involved in a number of charitable causes, including Big Brothers and Big Sisters, Dallas Multiple Sclerosis Foundation, Indianapolis Hemophilia Foundation and Camp Jubilee of Children's Hospital in Dallas.

- AGR -