PASSTIME JOINS CHIP GANASSI RACING WITH FELIX SABATES' GRAND-AM TEAM SPONSORSHIP LINEUP
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INDIANAPOLIS, Ind. (August 6, 2009) - Chip Ganassi Racing with Felix Sabates (CGRFS) announced today that high-tech auto payment assurance & GPS solution company PassTime will join its sponsorship lineup on the No. 01 TELMEX Daytona Prototype for the remainder of the 2009 racing season. In addition, PassTime will have access to and use Chip Ganassi Racing Team's entire racing portfolio to drive additional business opportunities.

Headquartered in Colorado, since 1992 PassTime has supported and enhanced the Special Finance Industry through the implementation of high-tech auto payment assurance & GPS. PassTime prides itself on a 24/7 Customer Care Support Center for their lenders, dealerships and customers.

"As a leader in the Special Finance Industry we are pleased to become a partner of Chip Ganassi Racing Teams. This opportunity will allow PassTime to expand our corporate partnerships and develop unique relationships with racing fans and through our automotive financing partners," said PassTime Founder & CEO Stan Schwarz.

Since TELMEX Chip Ganassi Racing with Felix Sabates' introduction into the Grand-Am Series in 2004 they have dominated the field winning three-consecutive Rolex 24 At Daytona's, three championships and 23 races during that five-year span.

With two wins in 2009, the TELMEX team continues to lead the Daytona Prototype point standings with drivers Scott Pruett and Memo Rojas for the fourth consecutive event as the series heads to Watkins Glen this weekend.

"It's always important to bring new partners into the sport, but it's imperative you find partners to help grow your racing programs, said team President Steve Lauletta. "We are thrilled to attract a new partner like PassTime to our Grand-Am program which is one of the most successful in the series. This will be a great opportunity for both PassTime and our team."