THE INAUGURAL U.S. 500 & THE VANDERBILT CUP FACT SHEET

NEW YORK (April 25, 1996) -- The winner of the Inaugural U.S. 500 at
Michigan International Speedway, Sunday May 26th, will be awarded
$1 million and a recreation of one of auto racing's oldest and most
prestigious prizes, the Vanderbilt Cup. A rendering of the recreated Cup
was previewed at a fund-raising luncheon at the Plaza Hotel in New York
City by IndyCar for the Memorial Sloan-Kettering Cancer Centre, April
25th. The unveiling was conducted by IndyCar President and CEO Andrew
Craig and auto-racing superstar Mario Andretti.

The Race

The Inaugural U.S. 500 airs live on ESPN on Sunday May 25th at 2:00 p.m.
EDT. The 500 mile race is preceded by a qualifying weekend May 10-12
and final practice on May 24th and 25th. The race is round six of 16
in the PPG IndyCar World Series which is sanctioned by IndyCar. Fans
interested in purchasing tickets to the U.S. 500 can order by phone at
1-800-452-0950; by mail by writing to: U.S. 500 Tickets, P.O. Box 500,
Brooklyn, MI 49230; by fax at 517-592-8445, or via TicketMaster outlets
throughout the Midwest.

The Track

The U.S. 500 will be run on the world's fastest race track, Michigan
International Speedway in Brooklyn, Mich. Mario Andretti's 1994
qualifying lap of 234.275 mph at MIS is a world record.

The Drivers

The world's top IndyCar drivers will compete for the Vanderbilt Cup in
the Inaugural U.S. 500 including Al Unser Jr., Michael Andretti, Emerson
Fittipaldi, Bobby Rahal, Paul Tracy, Jimmy Vasser, Scott Pruett, Robby
Gordon, Christian Fittipaldi, Raul Boesel, Jeff Krosnoff, Gil de Ferran
and more. All will attempt to join the list of Vanderbilt Cup winners
that includes auto racing legends like Ralph DePalma, Bernd Rosemeyer,
Tazio Nuvolari and Dario Resta.

The History

The U.S. 500 will uphold the tradition of Memorial Day weekend auto
racing competition in the United States. In the spirit of the Vanderbilt
Cup races, the U.S. 500 will see America host an international race
among the world's best drivers and cars.

First presented in 1904, the original Vanderbilt Cup, like its
recreation, was made by Tiffany's. As on the original, on one side of
the Cup appears a likeness of its founder and namesake William Kissam
Vanderbilt, Jr. behind the wheel of his 90 horsepower Mercedes on the
beach at Ormond, Fla. in 1904. A pioneer and proponent of international
motorsports, Mr. George Vanderbilt conducted 11 Vanderbilt Cup races
between 1904 and 1916 (no races were run in 1907 or 1913). His nephew
George Vanderbilt rekindled the family tradition with a pair of races
for the Cup in 1936 and 1937, but the U.S. 500 will mark the first time
in nearly 60 years that a Vanderbilt Cup trophy will be presented to the
winner of an international automobile race.