IRL: TeamXtreme Driver Announcement

ROCKWALL, TX -- February 29, 2000 -- The Indy Racing League's TeamXtreme Racing L.L.C. announced today that Indy racing veteran Davey Hamilton, the only driver to race in every Indy Racing League event, has signed a contract to drive the #16 Lycos Gforce for the balance of the 2000 season. TeamXtreme's General Manager, John Lopes made the announcement stating, "We are extremely proud to announce that a driver of Davey Hamilton's caliber is joining our racing family. When you look at his accomplishments and his talent it's hard not to get excited about what he might do with this team. He finished 2nd in points in both 1997 and 1998. While finishing 4th last year he had the opportunity to win the championship heading into the season finale. He has 22 top tens and 13 top fives. Davey is poised to win his first race and compete for the championship, something we believe that we and Lycos can be a part of with him."

When asked for his reasons for joining TeamXtreme, Hamilton noted, "The deciding factor for me was John King (Manager/Chief Mechanic). John showed me that TeamXtreme was a first class operation interested in winning races and championships. King and I had successes together in the past and I'm excited to be working with him again."

In clarifying the team's structure, Lopes stated that, "Due to the unexpected loss of two associate sponsors, which made up half of the team's overall budget, we regret that we must park the #42 car driven by John Hollansworth until alternate funding can be secured. We will continue to honor John's salary under his contract and we hope to have him back in a TeamXtreme ride as soon as possible. We believe that John's availability creates an opportunity for teams looking for a quality driver."

TeamXtreme moves forward with an arguably strong lineup of drivers in Davey Hamilton and rookie hotshoe Airton Dare, who pilots the #88 TeamXtreme entry.

Blue chip corporate support from Lycos (now in year 2 of a total 4 year sponsor package) keeps TeamXtreme among the contenders to watch during the 2000 Indy Racing League season. Hamilton in the #16 Lycos Gforce and Dare, in the #88 TeamXtreme Gforce, take to the track in Phoenix next month.