Benicia-based Team Cobalt California to open 2006 racing season
at Daytona International Speedway

Jan. 17, 2006.

BENICIA, Calif. - Team Cobalt California is proud to announce the
commencement of its 2006 Rolex Grand-American Cup series with its entry into
the season opener at world-famous Daytona International Speedway on Jan. 27.

Team Cobalt California has chosen the new Chevrolet Cobalt SS Supercharged
to lead the team to the Grand-Am Cup ST class championship.

“It’s a great little race car,” said Thomas Lepper, team owner and driver. “I’m
looking forward to racing an American-made car so we can compete against the
barrage of foreign competition.”

The 2006 Grand-Am season will bring Lepper, his seasoned crew, and three
Chevrolet Cobalts to race tracks across the United States and Canada in
addition to being televised on SPEED Channel and ESPN International.  GM
Performance Division, which led the development of the Cobalt SS
Supercharged model, will provide technical support to Lepper’s team.

Lepper, a 20 year racing veteran, is coming off a very successful 2005 race
season where he competed in the Grand-Am series and several local California-
based series. During the Grand-Am series, Lepper and teammate James “Bo”
Roach took second place at Watkins Glen Raceway in New York and third place
at Phoenix International Raceway.

In California, Lepper, as part of team PDQ Racing, took first place in the E2
Class at the National Auto Sports Association’s (N.A.S.A.) sanctioned grueling
25 hour endurance race at Thunderhill Raceway in Willows. Lepper also
finished first in the inaugural season of the Sports Car Club of America’s
(SCCA) sanctioned Honda Cup series that was raced at Northern and Southern
California racetracks.  

The Daytona race will feature two Team Cobalt California cars, the No. 48 and
No. 98. The No. 48 will be run by Lepper and Roach, while the No. 98 car will be
run by Lepper’s son, Jacob “Jeff” Lepper of Martinez, Calif. and VJ Mirzayan of
Fresno, Calif.. The team’s third car, the No. 78, is scheduled to make its
season debut in May.

2006 Rolex Grand American Series Schedule

January 26-29, 2006
Daytona International Raceway
Daytona, FL

April 21-23, 2006
Virginia International Raceway
Alton, VA

May 5-7, 2006
Mazda Raceway at Laguna Seca
Monterey, CA

May 12-14, 2006
Phoenix International Raceway
Avondale, AZ

May 26-29, 2006
Lime Rock Park
Lakeville, CT

June 23-25, 2006
Mid-Ohio Sports Car Course
Lexington, OH

July 28-30, 2006
Barber Motorsports Park
Birmingham, AL

August 4-6, 2006
Grand Prix of Trois Rivieres
Trois Rivieres, Quebec

August 31-September 2, 2006
Miller Motorsports Park
Tooele, UT

October 6-8, 2006
Virginia International Raceway
Alton, VA
TCC is proud to announce that former Formula 1 driver and Olympian Davina Galica will be co-driving with Sarena Traver during the U.S. Sports Car Invitational at Mazda Raceway Laguna Seca in May!