Formula BMW USA - 20 Promising racing talents start 2007 - Formula BMW USA season with first test at road atlanta

Woodcliff Lake, NJ - March 28, 2007... 20 young racers recently met at the newly
paved Road Atlanta circuit, in Braselton, Georgia, on March 19 - 20 for the
first official test of the 2007 Formula BMW USA championship season.

With young guns from North, Central and South America as well as from Europe
the 2007 Formula BMW USA championship enters its fourth season, again
showcasing some of the best young talent in the world of motorsport.

Among these are five BMW Juniors who will receive a $40,000 scholarship and
automatic enrollment in Formula BMW's Education and Coaching Program. The
drivers who earned the 2007 scholarships include two Americans, two Canadians
and one Brazilian.

From the US are Timothy Hollowell, 18, and Eric Morrow, 18, both of
Indianapolis, Indiana. Coming from Canada are Daniel Morad, 16, of Coquitlam,
British Columbia and Jeffrey Petriello, 18, of Montreal, Quebec.
Junior scholarship winner Ian Costa declined the scholarship and the invitation
was extended to the first-alternate, Ricardo Favoretto, 18, of Sao Paulo,
Brazil. Favoretto did not participate in the first official test, but will line
up in car number 34 at the second official test at Virginia International
Raceway on April 7-8.
Morad, automatically awarded with a scholarship for winning the 2006 Rookie
Cup, will return for a second year of Formula BMW USA competition.

Along with Morad, eight additional young drivers returned from last year's
championship for this season's first two test days. They were Canadians Philip
Major, 18, of Ottawa, Ontario; Yannick Hofman, 18, of Rosemere, Quebec; and
French-Canadian Maxime Pelletier, 16, of Longueuil, Quebec; as well as
Americans Race Johnson, 18, of West Linn, OR; Jordan Dick, 18, of Northville,
MI; and Robert Thorne, 17, of Sherman, CT. South America was represented by
Colombians Sebastian Saavedra, 16; and Steven Guerrero, 17.
Additional US entrants new to Formula BMW USA included Californians Alexander
Rossi, 15, of Nevada City, and Mike Hill, 17, of Gilroy, as well as Matt
Ferris, 17, of Pawling, NY. With Texan Lindsey Adams, 20, of Richardson, and
Julia Landauer, 15, of New York, NY two female drivers made their debut in
Formula BMW USA.

International drivers testing at Road Atlanta were Esteban Gutierrez, 15, of
Garza Garcia, Mexico; Ricardo Zappelini, 20, of Sao Paulo, Brazil; and
Englishman Nathan Freke, 23, of Kidderminster, Great Britain.

With 20 drivers completing the first two of ten scheduled official test days,
this year's championship looks set to be more exciting than ever. Ten teams
were in attendance with newcomers TADD Motorsports, JD Racing and KMA, the
joining of two former teams (Atlantic and KMA). The technical demanding
2.54-mile, 12-turn Road Atlanta circuit gave a first look of this year's
competition with rivalries already beginning to take shape promising a season
with thrilling race action and fierce competition.

Race Johnson set the fastest laps in five of the six test sessions with a best
overall time of 1:25.684 minutes. With Sebastian Saavedra only 0.027 sec behind
Johnson and 2006 Rookie Champion and BMW Junior Daniel Morad third quick, it
was obvious that experience paid off as those top-three testers are returning
from last season. New comer Mike Hill set the fourth fastest lap overall
followed by Robert Thorne and Jeffrey Petriello, who showed the strongest
Junior performance.

The 14-round season begins at Miller Motorsports Park on May 17-18 and then
tours North America visiting some of the most famous and challenging circuits
on the continent, including the Formula One races at Montreal and Indianapolis.
The series finishes at Mosport International Raceway in Canada on August 24-26.

Background:

Formula BMW is the world's leading entry-level championship in Formula racing.
In 2007 the series will be held in Germany, the UK, Asia and the USA. More than
80 up-and-coming drivers, some as young as 15-years old, will compete
worldwide. Racing four times in support of the Formula One World Championship,
Formula BMW offers a worldwide stage, training through a multifaceted Education
and Coaching Program and BMW's longstanding Junior scholarship for deserving
drivers.

The FB02 race car is propelled by a 140 bhp BMW engine, reaching speeds up to
140 mph. The design exceeds the FIA safety requirements for its class, with the
BMW Motorsport developed FORS (Formula Rescue Race Seat), and the mandatory
HANS (Head and Neck Support) safety system.

From November 24 to 26, 2006 the Circuit de la Comunitat Valenciana Ricardo
Tormo hosted the second Formula BMW World Final. 37 young racing drivers from
the four regional Formula BMW series competed against each other with the
winner Christian Vietoris receiving a test drive with the BMW Sauber F1 Team.