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Autosport Development 2005 plans announced

Autosport Development Announces a Double Effort For Next Season Two-car team for the SPEED World Challenge GT Series Detroit. -- November 13, 2004 Autosport Development is stepping up their commitment to the SPEED World Challenge GT Series with...

Autosport Development Announces a Double Effort For Next Season
Two-car team for the SPEED World Challenge GT Series

Detroit. -- November 13, 2004 Autosport Development is stepping up their commitment to the SPEED World Challenge GT Series with a two-car effort for 2005.

"SPEED World Challenge is the best road racing series on the continent," said team owner, David Moxlow. "We couldn't be more pleased with the Series. From top to bottom, they deliver on their promise. The competition is the best there is. We're convinced it will only get better."

The team finished 15th overall in the driver Championship points with their best finish (11th) coming at Portland International Raceway.

"Our 2004 effort was well spent," said Moxlow. "We took on a major project with this GTO. We've been told it is the first professional road racing effort in the history of the GTO. We know what we got ourselves into. Last year GTO fans were very excited about seeing this car on the racetrack. As a team, we want to reward that loyalty through our commitment and on-track performance. This is going to be very exciting."

"After Laguna, we immediately got to work on next year's program," continued Moxlow. "The past month has been spent focused on taking our development efforts to the next level. We've expanded our shop space located here at Trenton Forging and added staff in order to build two new cars in a timely fashion."

Crew Chief, Rob Wanamaker, added, "We are building two new racecars from the ground up. We will be working closely with Holden of Australia in an effort to learn from their success. We'll also be working with the Series and soliciting their input along the way. We learned quite a bit through our efforts this year and we're convinced that the process of developing the car under true race conditions was the way for us to go. We learned a lot about the car, our competition and what we need to do next."

The team also announced that Stu Hayner will continue to drive the #5 car in 2005. A driver for the second car will be announced at a later date.

"In addition to the new cars, we are expanding our hospitality programs for 2005," Moxlow added. "With that in mind, it is very important to us that everyone on our team projects the right image. Stu Hayner is the consummate professional. The driver and crew we select for the second car will need that same mind set."

Autosport Development competes as part of the SPEED World Challenge GT Series. All events are nationally televised on SPEED channel (formerly Speedvision). In 2005 the SPEED World Challenge Series schedule will include street races in Denver and St. Petersburg, and make the traditional stops around the country at great tracks like Sebring, Road Atlanta, Lime Rock Park, Infineon, Portland, Road America, Mid-Ohio and Laguna Seca.

GMAC Commercial Finance, considered a leader in its segment of the financial services market, provides accounts receivable management and financing, asset-based lending, equipment finance/leasing, retail financing, structured financing, and supply chain management services to a wide variety of clients in diverse industries. Loan facilities are in the $2 million to $200 million range. With locations in the United States, Canada, Hong Kong and the United Kingdom, the Company is positioned to provide lending services worldwide.

Trenton Forging Company from Trenton Michigan is a leading producer of custom impression die forgings to a wide variety of industries. They have a strong reputation as a supplier of choice to many Tier 1 and Tier 2 automotive/light truck suppliers. Trenton produces multiple cavity die forgings to meet customers exacting specifications and offers a wide range of high quality custom forging products with exceptional customer service.

For more information about Autosport Development and the Stu Hayner #5 GTO, visit www.GoAutosport.com

For more information about Trenton Forging, visit www.trentonforging.com

For more information about GMAC Commercial Finance, visit www.gmaccf.com

For more information about SCCA SPEED World Challenge, visit www.world-challenge.com

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Series PWC
Drivers Stu Hayner