:::::: News ::::::

FLATOUT GASKETS MERGER NEWS

Flatout Group has completed a merger
to form Flatout Group, LLC. This will allow for the continued expansion of the
Flatout Gasket product line into the traditional and further into
performance automotive arenas. Established in 1998, Flatout Group has been
manufacturing Performance, Original Equipment and Aftermarket automotive gaskets
since 2000 and is also known for their quality metal fabrication business.

WORLD FOOTBRAKE CHALLENGE - $50,000 TO WIN AT BRISTOL DRAGWAY

Nationally recognized Footbrake
competitors Jared Pennington

and Steve Stites announced today that they will
be taking a step out from
behind the wheel and into the tower at Bristol
Dragway next April 13-15.
The duo has teamed to promote the greatest
Footbrake event in history at
the beautiful Bristol Facility, headlined by an
unheard of $50,000-to-win
main event Saturday April 14.  In addition to the
marquee Saturday
competition, the World Footbrake Challenge will be
book-ended by a pair of

LIMITED EDITION PEDREGON RACING HOT WHEELS® DIECAST NOW AVAILABLE

While supplies last, a special
limited edition set of 1:64 scale Hot Wheels® models of Cruz and Tony Pedregon's
NHRA Nitro Funny Cars are now available exclusively at Advance Auto Parts
stores.  These cars will be packaged in a special Hot Wheels® 2-Pack Collector
Car Set.

“I am thrilled to be a part of this special Hot Wheels promotion
at Advance Auto Parts,” stated Cruz Pedregon.

SCOTTY, LANE WIN BIG BUCKS AT HUNTSVILLE'S MEGA BUCKS SERIES

(9-6-2006) - It was down to the wire for the
points leaders in the 2006 Mega Bucks series, a six-race series split between
Huntsville Dragway and Memphis Motorsports Park, but Scotty Richardson of
Goodlettsville, Tennessee, arguably one of the best bracket racers in the
country, won Pro brackets on Saturday, September 2, locking up the championship
and taking home the big bucks.

SPECIAL AUCTION FOR GOOD CAUSE

(9-6-2006) - Drag racing fans have just a few
days left to get a unique piece of memorabilia and help a very worthy cause at
the same time. Earlier this year at the Pontiac Performance NHRA Nationals in
Columbus, Ohio, Carrier Boyz Racing Top Fuel driver Cory McClenathan piloted a
special-edition, one-race-only Jeg's Mail Order dragster.

MORE ATLANTA MOTOR SPEEDWAY DRAGS?

The final round of Atlanta Motor
Speedway’s Friday Night Drags Series is set for this Friday, Sept. 8 and a
number of drag motorcycles are on the card for the final drag event of 2006.

The high speed motorcycles will be demonstrating the incredible
spectacle of professional drag bike racing with a combination of street, top gas
and pro-mod bikes.  The fastest class is expected to travel the entire AMS
eighth-mile drag strip in under five seconds.

FINAL THOUGHTS ON THE 2007 POINTS SYSTEM

After having interviewed 35 team
owners, drivers, tuners and sponsors for their views of the new points system,
here’s the bottom line:  The majority of those polled aren’t against change
per se, and most aren’t even opposed to the system of reducing the
championship contenders to a field of eight in each professional category
beginning with next year’s U.S.

ASHER'S INDY NOTEBOOK - JEG COUGHLIN, JR. ON HIS RETURN TO PRO STOCK COMPETITION

As the world now knows,
two-time NHRA Pro Stock titlist Jeg Coughlin, Jr. will return to active
competition in Victor Cagnazzi’s Slammers Milk-backed Chevrolet beginning with
the NHRA POWERade Series national event at Virginia Motorsports Park later 
this fall.

ASHER'S INDY NOTEBOOK - REACTIONS TO THE 2007 POINTS STRUCTURE

The first day's talk at the Mac
Tools NHRA U.S. Nationals
at newly re-named O’Reilly Raceway Park was
dominated by discussions
of the new points system for next season (See
previous News items for
the details). Racers, manufacturers and the media
could talk of
little else, and Torco’s Competitionplus.com will be posting

reactions throughout the weekend. Everyone was asked the same basic

question: What’s your opinion of the points system change for next

season?

CAGNAZZI RACING TO PARTNER WITH JEG'S AND SLAMMERS FOR 2007

Three-time NHRA champion Jeg
Coughlin Jr. announced Friday he will return to the POWERade Drag Racing Series
full-time in 2007 behind the wheel of a second Slammers Ultimate Milk Chevrolet
Cobalt. Coughlin, a 47-time national event winner, will be driving for Victor
Cagnazzi.

"Our goal is to win championships," said the 36-year-old Coughlin,
who won Pro Stock titles in 2000 and 2002. "We strongly feel we are capable of
doing just that and I couldn't be more excited.

Pages