Okuma Becomes Partner for CGR Indianapolis-based Racing Programs

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Okuma Teams with Chip Ganassi Racing Teams, Inc. for 2011 IZOD IndyCar and GRAND-AM Rolex Sports Car Series Seasons

Okuma & Target Chip Ganassi Racing Announce Partnership

Okuma has partnered with high performance motorsports on a number of levels, but this is our first foray into the IndyCar and GRAND-AM Series. We look forward to helping these teams win and exposing our brand to a whole new audience.

Okuma America Corporation today announces that it has partnered with Target Chip Ganassi Racing, Inc. to become an associate sponsor during the 2011 racing season on the No. 9 and No. 10 Indy cars driven by Scott Dixon and Dario Franchitti in the IZOD IndyCar Series, in addition to the No. 01 Daytona Prototype driven by Scott Pruett and Memo Rojas in the GRAND-AM Rolex Sports Car Series.

As part of the relationship, the Indianapolis-based race teams will utilize Okuma CNC and machining technology to construct the parts and equipment that have contributed to more than 100 race wins across Indy car and sports car racing.

Notes of Interest:
Dario Picks up Where He Left Off: When Franchitti, the reigning IZOD IndyCar Series Champion and Indianapolis 500 Winner, hits the track this weekend in Motegi, Japan, he will be taking with him 26 Indy car wins along with two IZOD IndyCar Series titles and two Indianapolis 500 victories. In addition, he has started from the pole 24 times and finished in the top-five 92 times. The Scot currently stands second (-17) in the points standings with two races remaining.

Dixon in Championship Form: No stranger to IZOD IndyCar Series Championship title fights, 2003 and 2008 Champion and 2008 Indianapolis 500 Winner Scott Dixon is again in the hunt for the open wheel crown on the strength of two wins (Kansas, Edmonton) this season. With 24 wins, 17 poles and 78 top-fives to his credit, he is just -83 points out and in third place in the standings with two races remaining.

Daytona Prototype Duo on Point: The team’s GRAND-AM Rolex Sports Car Series duo of Pruett and Rojas wrapped up the Driver and Team championships in the Daytona Prototype class in the No. 01 TELMEX Dinan-Prepared BMW last weekend in the season finale in Utah. On the strength of nine wins in 12 races, the team scored their fourth DP title in seven seasons (2004, 2006, 2008 and 2010).

Quote Board:
Larry Schwartz, president and COO, Okuma America Corporation: Okuma has been involved with high performance motorsports on a number of levels, but this is our first foray into the IndyCar and GRAND-AM Series programs. We have partnered with winners and look forward to helping these teams improve upon their winning history and exposing our brand to a whole new audience.

Steve Lauletta, president, Chip Ganassi Racing Teams, Inc.: We are very happy to begin this new relationship with Okuma in our IndyCar and GRAND-AM Series programs. I think it says a lot about our team when companies like Okuma are interested in leveraging a sponsorship to help grow their business. We collectively feel the partnership between Okuma and Chip Ganassi Racing will help them drive awareness of their brand with the huge number of race fans who are watching our teams each week. We look forward to a successful 2010 partnership with Okuma.

About Okuma America Corporation:
Okuma America Corporation is the US based affiliate of Okuma Corporation, a world leader in the development of computer numeric controls (CNC) and machining technology, founded in 1898 in Nagoya, Japan. Known for its technology leadership and world-class manufacturing, product quality and dedication to customer service, Okuma strives to be the machine tool solution provider to manufacturers worldwide. For more information, visit http://www.okuma.com.


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Julie Murphy
Okuma America Corporation
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