EXCITEMENT BUILDS AS FORD RACING DELIVERS FIRST BATCH OF FR500S RACE CARS TO MUSTANG CHALLENGE COMPETITORS

Mustang FR500S

SALT LAKE CITY, Utah (March 5, 2008) – The inaugural Ford Mustang Challenge for the Miller Cup racing series held its first official event this past weekend with 19 entrants taking delivery of their new Mustang FR500S race cars in a special program at Miller Motorsports Park.

Participants also had the opportunity to attend the Ford Racing High Performance Driving School, meet series officials, receive technical information from Ford Racing engineers and shake down their new race cars for the first time during the open track sessions on both Saturday and Sunday.

“The Mustang was a dominant showroom-based race car during the glory days of American road racing in the mid-1960’s and ‘70’s and this car certainly continues that proud tradition,” said Jamie Allison, manager of the Ford Performance Group. “Our intent was to develop a fun-to-drive reliable race car that delivers on what people have come to expect from a Mustang – V8 power and rear-wheel drive performance at an affordable price, and I think we’ve accomplished that with the FR500S.

“In the short time since the creation of the Mustang Challenge was announced at SEMA, the interest in the both the FR500S and the series has exceeded our expectations,” Allison continued. “We have a terrific mix of participants that bring experience from various forms of racing, including the Grand Am KONI Challenge Series, which should produce exciting, fender-to-fender racing.”

The FR500S was co-developed by Ford Racing Technology and Miller Motorsports Park and is the newest addition to the Mustang FR500 racing family. A total of 77 cars were manufactured at AutoAlliance International in Flat Rock, MI, with additional race-prep fabrication at Watson Engineering (Taylor, MI) and final race prep at Miller Motorsports Park in Tooele, UT, the FR500S is the first race car built by Ford Motor Company at a production facility intended for sale to the public.

The Ford Racing Mustang Challenge is a new professional racing series co-developed by Ford Racing and Miller Motorsports Park and appeals to racers looking to compete in an affordable, challenging V8-powered rear-wheel-drive car. Utilizing only the new Ford Mustang FR500S and sanctioned by the Grand American Road Racing Association, the series will stage eight races in support of major professional road racing events across North America:

For more information about the Ford Racing Mustang Challenge for the Miller Cup or details on how to purchase a Mustang FR500S, please visit www.MustangChallenge.com.

Ford Racing Technology

Ford Racing Technology, based in Dearborn, MI, is responsible for major racing operations in North America, including NASCAR (Nextel Cup, Busch Series, Craftsman Truck), Grand American sports car racing, NHRA drag racing, USAC midget car racing and the Ford Racing Mustang Challenge for the Miller Cup. Ford Racing also oversees the development and marketing of Ford Racing Engines and Performance Parts, the outreach programs with all Ford Clubs and Ford enthusiasts, and the marketing of the Ford Racing brand through initiatives such as Team Ford Racing. For more information regarding Ford Racing’s activities, please visit www.fordracing.com