Fernandez to Help Launch First Hispanic Cultural Center in Indianapolis IRL IndyCar® Series Driver to Participate in Ground-Breaking Ceremony and Festival

INDIANAPOLIS, Indiana (May 28, 2004) -- Fernandez Racing Owner/Driver Adrian Fernandez will participate in a ribbon-cutting ceremony and fan fest to commemorate the development of the first Hispanic Cultural Center in Indianapolis on Saturday, May 29. Fernandez will be joined by community leaders including Bart Peterson, Mayor of Indianapolis, and Manuel Gonzalez, President of the Indiana Hispanic Chamber of Commerce.

The event will begin at 3:00 pm CT with a ceremony acknowledging the start of renovations to the former Lowe's Theatre at Lafayette Square Mall including renderings of the new Hispanic Cultural Center which will be completed in June of 2005.

"The Hispanic Cultural Center is a great addition for the Latino community, not only supporting non-profit organizations and acting as a resource center for economic development but also as an educational facility showcasing Latino music and art," said Fernandez, who qualified sixth for the 88th running of the Indianapolis 500 to be held May 30. "It is an honor to be invited to this special event. There are a lot of activities taking place thanks to Tecate and the Indy Racing League, including several concerts, so I hope a lot of people will come out and spend the day."

The event will run from 3:00 pm to 11:00 pm with live music, food, drinks and dancing, and will help to raise funds for the Indiana State Hispanic Chamber of Commerce Hispanic Scholarship Fund. Activities include the IRL IndyCar Series' concert stage -- with featured performances by seven of the areas top Latino bands -- the IRL pit stop challenge and full size racing simulator. Fernandez will be on hand to sign autographs until 4:00 pm.

"The growth of the Latino population here in central Indiana has been very dynamic, very vibrant much like the Fernandez Racing team is in IndyCar Series competition," said Gonzalez. "On behalf of Indianapolis and our Latino community, we look forward to welcoming Adrian on Saturday and thank him for supporting and celebrating this event for our central Latino population."

As the IRL IndyCar Series prepares for the crown jewel of its 2004 race schedule -- Sunday's Indianapolis 500 -- fans will have a chance to win a piece of history. The IndyCar Series will be raffling off a helmet signed by this year's 33-car starting grid with proceeds benefiting the Hispanic Scholarship Fund.

"The Indy Racing League is pleased to support the opening of the new Hispanic Cultural Center in Indianapolis," said Bill Long, vice president of marketing for the Indy Racing League. "Many of the League's most popular drivers are Latino, which makes the Latino community an important part of our growth plan. We're excited to bring elements of the Indy Racing League's mobile Fan Experience to Festival Latino De Las 500 Millas to support the Cultural Center and to share the excitement of Indy Racing with our fans."

Monarch Beverage, the largest beer and wine distributor in Indiana, has also been a strong supporter and promoter of Saturday's event.

"We are very excited to be a part of history-in-the-making within the Indianapolis Latino community," added CEO Phil Terry of Monarch Beverage, the local distributor for Tecate. "This is an opportunity to show our support for the Hispanic Cultural Center and increase awareness of the Indianapolis Motor Speedway and its respective drivers."

In accordance with the company principles, Monarch Beverage prides itself on its community involvement and asks that everyone please drink responsibly.

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