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Pagan Racing to Sell Yahoo! Indy Car on Yahoo! Auctions Winning Bid Gets Opportunity to Own Indy 500 History SANTA CLARA, Calif

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Pagan Racing to Sell Yahoo! Indy Car on Yahoo! Auctions Winning Bid Gets Opportunity to Own Indy 500 History SANTA CLARA, Calif Pagan Racing to Sell Yahoo! Indy Car on Yahoo! Auctions Winning Bid Gets Opportunity to Own Indy 500 History SANTA CLARA, Calif. -- Oct. 15, 1999 -- "Gentleman and ladies, start your bidding!" The Pagan Racing Team, second place finishers at the Indy 500 in May, and Yahoo!® Auctions (http://auctions.yahoo.com) are putting a new twist on the legendary call to Indy drivers by putting the Yahoo! Pagan Racing Indy car on the virtual auction block. Open bidding, which started October 11, continues through Sun., October 24 at http://auctions.yahoo.com/promo/pagan. When the hammer falls, one lucky bidder will be the new owner of a significant piece of Indianapolis 500 history. "Yahoo! Auctions and Pagan Racing are giving fans of both auto racing and auctions a rare chance to own a piece of auto racing history," said Rich Godwin, brand manager, Yahoo! Inc. "What race fan has not dreamed of owning an Indy Car, and Yahoo! Auctions is pleased to give our users a chance to reach the checkered flag in this auction." "This car has had some proud finishes under its belt and some great drivers at its helm, including Roberto Guerrero, and most recently, Jeff Ward," said Allan Pagan, co-owner of the Pagan Racing Team. "The new owner will receive the car just the way it looks as it rolls off the race track, with all its pings and dings, following the last race. Ultimately, it would make a nice addition to a museum or any historic car collection." On auction is Yahoo! Pagan Racing's Dallara chassis No. 010, the same car driven to a second place finish by Jeff Ward in the 83rd running of the Indianapolis 500, the most famous automobile race in the world. Ward, who will drive the car in the Indy Race League's (IRL) season finale at the Texas Motor Speedway on Sunday (October 17), also drove this car to a second place finish at the Phoenix International Raceway earlier this season. The car's chassis comes with all the 1999 updates, a complete set of electronics, including the Pi Systems dash and a Comptech engine, one of the same engines that ran during this season's IRL championship races. The new owner will receive the car with everything on it, just as it runs on the race track, including scars, scuffs and paint chips. "When I see race cars in a museum, if they look pristine, like they're brand new, I always wonder if it's the real thing," said Pagan. "If it rolls off the race track and into a museum, it's truly authentic. People can actually see what actually happens on a race track, like how the nose and the front of the side pods get almost sandblasted clean of paint. Seeing all of the places where a driver likes to add padding, personal touches, and things like that, contribute to a race car's individual character and personality." The Pagan car is eligible for racing in the 2000 IRL season, although the new owner will need technical expertise to prepare the car to race. As is normal with all high-end professional race cars between races, the car will need to be taken apart, rebuilt, and professionally prepared if they choose to race the car in competition. About Yahoo! Auctions Recently rated the fastest auction service by Service Metrics (July 1999), Yahoo! Auctions is a leading interactive commerce marketplace connecting one of the Web's largest audiences of sellers and buyers and is part of the Yahoo! network. The online auction service, which is free to all users, offers convenient access to more than 930,000 simultaneous daily auctions and more than 3,600 diverse buying and selling categories such as: Arts & Entertainment, Toys & Games, Antiques & Collectibles, Electronics & Cameras, Computers, Sports & Recreation, and Home & Garden. Through Yahoo! Auctions, sellers and buyers have access to an ever-expanding world of collectibles, a global community, a compelling and robust set of communication tools and services, and unique programs such as Auctions Express and Charity Auctions. Yahoo! has launched local auction services in Europe (France, Germany, Italy, Sweden, Spain, and the UK & Ireland), Canada, and Asia (Japan, Australia/New Zealand, Singapore, and Korea). About Yahoo! Yahoo! Inc. (Nasdaq: YHOO) is a global Internet media company that offers a branded network of media, commerce, and communication services to more than 100 million users worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach, and is one of the most recognized brands associated with the Internet. The company also provides online business services designed to enhance Yahoo!'s clients' Web services, including audio and video streaming, store hosting and management, and Web site tools and services. The company's global Web network includes 21 World properties. Yahoo! has offices in Europe, the Asia Pacific, Latin America, Canada and the United States, and is headquartered in Santa Clara, Calif. # # # # # #.
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