AUGUST 8, 2001

FOR IMMEDIATE RELEASE

AVERSTEDT BACK ON TRACK

Commerce, GA - Last weekend Team Averstedt went to Atlanta Dragway during the Division 2 Federal-Mogul event for the first testing of their new A/Fuel Dragster and the renewal of Viveca's license. They came to the track under extremely poor conditions (3,700 ft air and 95 degrees F). Averstedt made four runs and improved every run. Averstedt's best run came in her final pass, with a 5.687 second, 223.91 mph and with an amazing 60 ft of .960. Viveca was forced to shut off at 1,000 ft as the car moved towards the wall. When the scoreboard showed the time everyone was "Wowed"! The team's performance in Atlanta demonstrates that they are serious about competing in the NHRA Federal-Mogul Series.

"The last several months have been very busy ones for us as we have been not only finalizing our new car but working with a dynamic group of marketing and promotional professionals to assist us in our marketing efforts. Their expertise includes years of experience with Disney, Universal and advertising agencies. They are spearheading all of our marketing and sponsorship procurement efforts. Their ideas are some of the most innovative we have ever heard in racing," states Averstedt. Averstedt Nitro Racing has secured three local Orlando sponsors -- Adrenaline Films, a film and video production company that counts CBS's SURVIVOR as a recent client, GRM Creative Services and Rhubarb Productions who were responsible for website and marketing video production. Currently, the team is soliciting sponsorship opportunities for Federal-Mogul A/Fuel partnerships for the remainder of the 2001 season and A/Fuel and Top Fuel sponsors for 2002-2005.

Viveca Averstedt, The World's Fastest Viking

CONTACT:
Tori Eurton
407.648.8585
Averstedt Nitro Racing
6948 Venture Circle, Unit H
Orlando, FL 32807