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For Immediate Release
From the Offices of Maxim Sports Management
Contact: Maria Jannace
Tel: 212.337.0003
Email: maria@maxim-online.com

Pole, Podiums, and Points for Speed at Barcelona

Speed now leads GP2 championship

New York, NY (8 May 2005)-2002 Red Bull Driver Search winner Scott Speed had a big weekend in Barcelona, taking his first GP2 pole position and going on to step up to the podium in both races. Speed collected enough points this weekend to move into the championship lead, tied with Heikki Kovalainen.

Speed qualified on the pole for the first race by a remarkable margin, lapping some .448 seconds faster than the rest of the field. His race was hampered when a balky clutch got him off to a slow start, but Speed fought back and was catching the leader in the closing stages of the race. He ran out of laps to make a clean move, so he wisely brought the car home in second place, taking the championship points.

The GP2 Series races on the same tracks and weekends as Formula 1 in Europe, staging an hour-long race on Saturday, and a second race with a sprint format on Sunday morning. The grid for the second race is formed in a novel fashion, with the top eight finishers from the first race being inverted at the front of the field for the sprint race. With the inverted order, Speed started back in seventh in the second race, but fought his way up to take third at the checkered flag, just three seconds behind the leader. Speed has now finished on the podium three times in four GP2 races, having suffered a mechanical DNF in the fourth.

"Pole and two podiums isn�t a bad weekend at all," smiled Speed. "I was surprised to make up that many positions in the second race, because it�s just so difficult to pass here."

The GP2 Series will race next at the world-famous Monaco circuit in support of the Formula 1 race in two weeks time.

"Monaco is a tricky place, so pretty much anything can happen there," said Speed. "It�s is one of the most famous races in the world, so it�s going to be exciting to be racing on that track," said Speed, who hopes to be the first to fulfill the goal of the Red Bull Driver Search program and move into Formula 1.

Four short years have seen this unparalleled motorsports program-the Red Bull Driver Search-go from a mere idea to realizing its goal of having an American race in
Formula 1.

The Red Bull Driver Search program aims to discover and support talented young racing drivers. The long-term goal is to have a steady group of three to six American drivers racing on the Red Bull Junior Team in Europe, groomed to break into Formula 1 and compete for the World Championship.

Please contact:
Maxim Sports Management, Inc.
Maria Jannace
18 West 21 Street, 6 Floor
New York, NY 10010
Tel. 212.337.0003
Fax: 212.337.1206
Website: www.redbulldriversearch.com
Junior Team Website: www.redbull-juniorteam.com

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