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FORD RACING AWARE OF DEI-RYR MERGER TALK
4/30/2007

Dearborn, Mich. — In response to media reports from this past weekend, Ford Racing confirmed today it is fully aware of merger talks that have taken place between Dale Earnhardt Inc. (DEI) and Robert Yates Racing (RYR) officials.

“Ford is fully committed to Robert Yates Racing for the long-term, and they have assured us that they are similarly committed to Ford,” said Kevin Kennedy, Ford Racing Technology Communications Manager. “Robert and Doug have been in contact with Ford about the nature of the discussions. We have a valued partnership with them, and they are keeping us informed of those discussions like a true partner would.

“We fully expect they will remain with Ford for many, many years.”

Robert Yates Racing and Ford have a relationship that goes back to the formation of the race team in the late 1980s, and Dan Davis, director of Ford Racing Technology, has repeatedly stated that the manufacturer is fully committed to bringing RYR back to the top of the field.

Yates won a NASCAR championship for Ford in 1999.

Media reports this past weekend also stated that Ford had been in discussions with DEI about a switch from Chevrolet to Ford for the 2008 season.

Davis has repeatedly said that Ford is interested in adding championship-level teams to its Cup roster.

“We definitely have been talking with DEI. Truthfully, we’ve been having informal talks with them for several years,” said Kennedy. “We have not yet made a formal offer to them, but we know that their GM contract is up at the end of the year. We had some discussions with them, and we’ve made it clear that we’d love to have them in our program.”



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