Montoya to Join Chip Ganassi Racing with Felix Sabates and Drive No. 42
Texaco/Havoline Dodge

CONCORD, N.C. (July 9, 2006) --- Chip Ganassi Racing with Felix Sabates
(CGRFS) announced Formula 1 driver Juan Pablo Montoya has signed a multi-year
deal with the organization to compete in the NASCAR NEXTEL Cup Series
beginning in 2007. Montoya will become the first Formula 1 regular to ever
join the NEXTEL Cup ranks when he assumes the driving duties of No. 42
Texaco/Havoline Dodge Charger next season.

"We are thrilled to be getting a driver of this caliber to put into the No.
42 Texaco/Havoline Dodge," said Chip Ganassi. "Juan Pablo is one
of the best
race car drivers in the world. He is a former CART Champion, Indy 500 winner
and Formula 1 driver that will bring a much needed veteran presence to our
team."

"We are very happy to have such an accomplished driver behind the wheel of
the No. 42 Texaco/Havoline Dodge" said Mark Nelson, president of Chevron
Global Lubricants. "His impressive CART, IndyCar and Formula 1 record is sure
to translate into success on the NASCAR circuit as well."

The 30-year-old Montoya joins CGRFS with impressive open-wheel credentials.
He has made 137 starts between the CART, IndyCar and Formula 1 Series' where
he's tallied 18 wins, 26 poles, 60 top-five and 79 top-10 finishes. Over his
five complete seasons in Formula 1, Montoya has finished sixth or better in
the standings. He will become the first Formula 1 driver in the 58-year
history of NASCAR to compete on the circuit full-time.

The Colombia native and Team Owner Chip Ganassi are no strangers. Montoya
drove for Ganassi's open-wheel team during the 1999 and 2000 CART seasons.
Montoya captured the CART Championship and Rookie of the Year honors in 1999,
becoming the youngest champion in the history of the series. The following
year he visited victory lane three times for the Ganassi team, including a
win at the prestigious Indianapolis 500. He and legendary British driver
Graham Hill are the only two drivers in history to win both the Indianapolis
500 and the Grand Prix of Monaco (2003). Following his two years with
Ganassi, Montoya made the jump to Formula 1.

"I am so happy to be entering the fastest growing racing league in the
world," said Montoya. "I've thought about this for quite some time but the
opportunity had to be right. I've known and worked with Chip for a number of
years and this situation could not be better for me. I have a lot of
confidence in my ability as a race car driver and in Chip and Felix as
owners. I know the transition will not be easy but I can't wait to get behind
the wheel."

Montoya began racing karts in 1981 at the age of six and by nine he won the
Children's National Kart Championship. In 1986 he won the junior division of
the National Championship and finished his karting career by taking the Kart
Junior Championships in 1990 and 1991. In 1998 won the prestigious Formula
3000 Championship.

Montoya will pilot the No. 42 Texaco/Havoline Dodge Charger while running for
the NASCAR NEXTEL Cup Rookie of the Year title along with an assortment of
NASCAR Busch Series races. Texaco/Havoline will also be celebrating its 20th
season as a primary NASCAR sponsor in 2007.

About Chip Ganassi Racing with Felix Sabates

Chip Ganassi Racing with Felix Sabates (www.chipganassiracing.com), based in
Concord, N.C., currently operates four full-time race teams in two of
NASCAR's national touring divisions; three in the NEXTEL Cup Series with
drivers Casey Mears (No. 42 Texaco/Havoline Dodge), Reed Sorenson (No. 41
Target Dodge) and David Stremme (No. 40 Coors Light Dodge and No. 40 Lone
Star Steakhouse and Saloon Dodge), and one in the Busch Series with Sorenson
(No. 41 Discount Tire Dodge).

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