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Richard Childress Racing To Participate In Grand-Am Series

Richard Childress Racing (RCR) and Howard Motorsports have joined forces
as Childress-Howard Motorsports (CHM) to field a Daytona Prototype team
for a limited number of events in the 2008 Grand-Am Rolex Sports Car
Series presented by Crown Royal Cask No. 16.

The announcement was made and the No. 2 CHM Pontiac Crawford was
unveiled this evening at the RCR facility during its stop on the NASCAR
Media Tour. The team will utilize the driving talents of Andy Wallace
and be powered by a Pontiac engine in a Crawford DPO3 chassis.

“This is a fantastic opportunity for everyone involved in the
Childress-Howard Motorsports program,” said Richard Childress, president
and CEO of Richard Childress Racing.

Rick Howard, president of Howard Motorsports of Denver, N.C., began
competing in the Rolex Series Daytona Prototype Class in 2004. In 47
events, the team has won six races and earned 20 podium (top three)
finishes. This is the second time Howard has teamed up with RCR – he was
involved with the Mom ‘N’ Pop’s / Western Steer Family Steakhouse
program that was an associate sponsor of Dale Earnhardt’s legendary No.
3 GM Goodwrench team from 1991-96.

“I’ve been involved in motorsports for over 45 years, and have been very
fortunate to enjoy many highlights,” said Howard. “But, the formation of
Childress-Howard Motorsports could be the brightest highlight. We have
enjoyed success in the Rolex Series since our first race in 2004, but
this association with Richard (Childress) will take this team to a new
level. I know that Jim France has a passion for the Grand-Am Rolex
Series, and hopefully Childress-Howard Motorsports can increase the
exposure for the series and encourage new owners and teams to be
involved. We look forward to a relationship with a marketing partner and
developing this championship caliber team.”

Wallace, of Oxford, England, counts three Rolex 24 At Daytona (1990,
’97, ’99), one 24 Hours of Le Mans (1988), and two 12 Hours of Sebring
(1992, ’93) championships in a stellar professional racing career that
began in the 1980s. He has driven for Howard Motorsports since 2004.

“This is an exciting announcement with the formation of Childress-Howard
Motorsports,” said Wallace. “I’ve been with Howard Motorsports since
their start in 2004, and have been fortunate to contribute to the
development of this team and the Crawford chassis. It will be exciting
to get back to racing and continue what we have started. The Grand-Am
Rolex Series continues to get more and more competitive, and to succeed,
you need to go up a gear in every direction. With Childress-Howard
Motorsports, this is a perfect opportunity to push our program forward.”

Crawford Race Cars, LLC, is a North Carolina company located near
Charlotte. CRC is one of the original, approved chassis constructors for
the Grand-Am Rolex Series. CRC designs, engineers, and develops the
Crawford DP03 Daytona Prototype as well as GT chassis. Crawford Race
Cars, LLC was formed in 1998.

Andrew Scriven, whose design talents have proven very successful since
the 1980s in sports car racing, Indy Car racing and NASCAR, is the chief
designer for Crawford Race Cars.

“The formation of Childress-Howard Motorsports is tremendous news for
Crawford Race Cars and our Daytona Prototype Crawford chassis,” said Max
Crawford, president of Crawford Race Cars. “Crawford has been an ardent
support of the Grand-Am Rolex Series, and this association is a
wonderful opportunity to continue that support. I am so happy for my
long-time friend, Rick Howard, and his partnership with Richard
Childress. Both men have outstanding integrity and their prominence in
racing is evident by the depth of their organizations. Rick Howard had
tremendous success with Howard Motorsports in Grand-Am with the Crawford
DP03 chassis, and I feel this partnership will put Crawford Race Cars
back in victory lane.”

About Richard Childress Racing

Richard Childress Racing (www.rcrracing.com) has earned nearly 180
victories and 11 NASCAR championships, including the 2007 NASCAR Busch
Series owners’ point title and six in the Cup Series with the legendary
Dale Earnhardt. RCR was the first organization to win championships in
the Cup Series, Busch Series and Truck Series. Its 2008 Cup Series
lineup includes Clint Bowyer (No. 07 Jack Daniel’s), Kevin Harvick (No.
29 Shell-Pennzoil) and Jeff Burton (No. 31 AT&T). Its 2008 Nationwide
Series lineup includes Clint Bowyer (No. 2 BB&T), Bobby Labonte (No. 21
Chevrolet) and Burton and Scott Wimmer (No. 29 Holiday Inn).

About Howard Motorsports

Howard Motorsports, LLC (www.howardmotorsports.com) is a car racing
entity based in Denver, North Carolina. Howard Motorsports enjoys a
close factory relationship with GM and Crawford Race Cars and is an
integral part of the development of the Crawford DP03 chassis. Howard
Motorsports began competing in the Rolex Series in 2004 and has earned
six victories and twenty podium finishes in only 47 races. Howard
Motorsports looks forward to reentering the Grand-Am Rolex Series with
their Pontiac Crawford DP03 cars under the name Childress-Howard
Motorsports.

About Crawford Race Cars

Crawford Race Cars, LLC. was formed in 1998 and is one of the original
approved chassis constructors for the Grand-Am Rolex Series. A
full-service design, engineering, and development manufacturer, CRC’s
first Rolex Series win came at Virginia International Raceway with the
SSC2K in September, 2002. The first win for the Crawford DP03 Daytona
Prototype came in March, 2004, at the Homestead-Miami Speedway. CRC
test, development, and lead driver, Andy Wallace, scored both historic
wins for the company.

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