Statement from Gil de Ferran

Following recent press interest in the future of de Ferran Motorsports Team Owner, Gil de Ferran has made the following statement:

“At the time of writing I am working very hard to secure de Ferran Motorsports immediate future and my plans to enter the 2010 Indy Car Championship are still very much alive.

“I have continued to employ our staff until now while working towards our 2010 goals but as of yet I am not in a position to announce anything further. The staff have been kept fully informed of the situation and the current status was communicated to them yesterday. In the meantime I am continuing to work on the 2010 program and will release further information when our plans are finalised."