PPI announces two-car team

FOR IMMEDIATE RELEASE Contact: Sharon Villanueva, PPI, 714-589-0278 ext. 186 MCI RACING PROGRAM EXPANDS TO KOOL/TOYOTA ATLANTIC CHAMPIONSHIP Jeret Schroeder and Leo Parente to Drive for Precision Preparation Inc. Team RANCHO...

FOR IMMEDIATE RELEASE

Contact: Sharon Villanueva, PPI, 714-589-0278 ext. 186

MCI RACING PROGRAM EXPANDS TO KOOL/TOYOTA ATLANTIC CHAMPIONSHIP

Jeret Schroeder and Leo Parente to Drive for Precision Preparation Inc. Team

RANCHO SANTA MARGARITA, Calif., (Jan. 7, 1997) -- Cal Wells III, President and CEO of Precision Preparation Inc., announced today that PPI will field a two-car team in the 1997 Kool/Toyota Atlantic Championship. Jeret Schroeder, fifth in the 1996 Atlantic championship, and Leo Parente, fifth in the 1991 Barber Saab Championship, will drive the MCI-sponsored Ralt RT-41s in North America's longest running and richest open-wheel development series. Heading up PPI's MCI Toyota Atlantic Team as team manager is Nick Harvey, former team manager for the PDR Enterprises Atlantic team. "It is a natural step for PPI to move into the Toyota Atlantic series, especially considering our relationship with Toyota that dates back to 1981," said Cal Wells III. "In 1995, we started our Indy car program, under the Arciero-Wells banner. Now, with this opportunity we can build a development program for emerging drivers and offer additional benefits to our corporate partner MCI. "I believe the leadership of team manager Nick Harvey combined with the talents of Jeret and Leo will make the MCI Racing Toyota Atlantic team a definite contender for the 1997 Kool/Toyota Atlantic Championship," continued Wells. Jeret Schroeder, of Vineland, New Jersey, enters his second season of Atlantic competition in 1997. In 1996, as Patrick Carpentier's teammate at Lynx Racing, Schroeder earned the "Rising Star Award" with three podium finishes that put him fifth in the final standings. The 1995 U.S. Pro Formula 2000 Champion, Schroeder, has a history of open wheel racing that dates back to his fifth place finish at the 1992 SCCA Valvoline run-offs in the Formula Ford class. "I am really looking forward to this season," said the 27-year-old Schroeder. "PPI is highly respected in the motorsports community and they have offered me an opportunity that I believe will help me to reach = my goal to win the championship." Ready for his first full season of Atlantic competition, Leo Parente, of Redondo Beach, Calif., returns to full-time racing after successfully starting his own company, PDCA Marketing. Parente's first professional win came in the 1991 Barber Saab Pro Series race at Road America, and he went on to finish fifth in the championship that year. Since then he has raced in nine Atlantic events, consistently qualifying in the top ten and running in the top five. "I feel very fortunate to be a driver for Precision Preparation, a company that has a history of winning and promises to succeed in whatever projects they take on," said Parente. "This is an ideal opportunity for any driver and I am looking forward to the chance to contribute to a program where we can grow together as driver and team." The KOOL/Toyota Atlantic Championship begins its 24th season of competition at the Metro-Dade Homestead Motorsports Complex in the Grand Prix of Miami presented by Toyota, on March 1, 1997. The 1997 schedule includes eight races in the United States and four in Canada, on a variety of oval tracks, road courses, and street circuits. Precision Preparation Inc. (PPI), based in Rancho Santa Margarita,Calif., was formed in 1979 by Cal Wells III. In addition to the two-car Atlantic effort, PPI is the sole-service provider to the Arciero-Wells/MCI Racing PPG CART World Series team with driver Max Papis, as well as the MCI Toyota Off-Road team with driver Ivan "Ironman" Stewart.

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Series Atlantic
Drivers Jeret Schroeder , Max Papis , Patrick Carpentier