BMW AND ORACLE RACING RENEW AMERICA'S CUP PARTNERSHIP

Partnership combines technology and sportsmanship for yachting's top challenge.

Munich. BMW and ORACLE Racing said today that they were very pleased to
announce the renewal of their partnership in BMW ORACLE Racing, as they prepare
to compete for the next America's Cup.

Speaking at a press conference at BMW Welt, which adjoins the firm's
headquarters in Munich, Russell Coutts, the team's CEO and skipper, said they
were delighted to be renewing a strong partnership that is now entering its
seventh year. Both Coutts and Ian Robertson, Member of the Board of Management
BMW Group, Sales & Marketing, said they looked forward to seeing an exciting
event with the technologically demanding multihull yachts to be used in the
33rd America's Cup.

"We are proud to continue this partnership with BMW," Coutts said. "Trying to
win the America's Cup is about combining the world's top design and engineering
excellence with a passion to succeed. The Cup is a marriage of technology and
sportsmanship. And, as BMW is also showing in Formula One racing, this is
something it understands extremely well." Coutts added: "We greatly value BMW's
team commitment, and will continue to support the values that BMW and ORACLE
represent in aiming to compete at our best in the special challenge the next
Cup is shaping up to be."

Ian Robertson said: "The BMW brand has benefited hugely from the commitment to
the America's Cup and the BMW ORACLE Racing Team. We are looking forward to
continuing this successful partnership that we have forged with the BMW ORACLE
Racing Team. On that basis, we want the current partnership to add even more
value to the fascination of yachting overall, and the America's Cup in
particular."

With its unique technological competence, BMW has set new standards in the area
of intelligent lightweight design and has brought this expertise to the Formula
One of sailing - the America's Cup. BMW aeronautical engineers Christoph
Erbelding and Thomas Hahn have remained with the BMW ORACLE Racing team since
the 32nd campaign and bring their specialist expertise to the design team,
providing unique expertise in finite element analysis, which is a key tool for
fulfilling EfficientDynamics requirements in the automotive industry.

Erbelding works with the rig team in Valencia and Rhode Island, Hahn belongs to
the hull structures team based at the boat-building site in Anacortes. Both
provide an integral contribution toward ensuring the boat is as stiff and light
as possible and delivers maximum performance.

Coutts said: "In contributing to our campaign, BMW provides superb engineering
expertise and also comes in and works as part of our team. This way we can
merge cutting edge sailing technology with BMW's proven engineering expertise."

Robertson added: "Building on BMW's technology transfer, we have been able to
position ourselves as a strong, long-term partner in the team. When it comes to
"yacht building", BMW engineers have set new standards in the area of
intelligent lightweight design. Technical expertise derived from our
EfficientDynamics programs - less consumption, more driving pleasure - will
provide valuable know-how, which we will bring to the BMW ORACLE Racing Team.
This distinguishes us from competitors. We will continue to pursue this
strategy in the future."

Coutts closed the event by saying the team was committed to seeing both a good
competition and the Cup move forward. "These boats are going to be like
nothing any of us have raced before. But whatever the outcome of this match, we
also want to see the Cup move on successfully once this upcoming Deed of Gift
match has been decided to a conventional event that is again run by mutual
consent and includes all teams. "

BMW Sport Commitments.
Motor sport, Golfsport and Yachtsport reflect the BMW brand values. For decades
BMW has been involved in selected sports that reflect the brand's image. Motor
sport, golf and sailing are widely regarded as exclusive, dynamic and cultured
sports, and are also renowned for technological perfection and precision. This
also applies to the range of BMW models.

Together with Oracle Racing, BMW entered the international sailing stage in
2002, and took up the challenge of the America's Cup - the most traditional and
technologically demanding sailing competition in the world.

Based on the model of the BMW Golfcup International, the world's largest
tournament series for amateur golfers, BMW has also established a regatta
series for ambitious amateur yachtsmen: "BMW Sailing Cup". At the World Final
in April 2008, in Dubai, the team from Spain defeated crews from a further
eight countries (Denmark, Germany, France, Great Britain, Italy, Malta, New
Zealand, and the United Arab Emirates). In total, 1800 ambitious hobby sailors
took part in the international regatta series. The World Final for the 2008
season will be held in Italy in April 2009.
BMW is also premium partner and presenter of several key international sailing
events around the world, such as "Kiel Week", one of the largest and most
prestigious regattas on the international sailing calendar. It is also title
sponsor of the "BMW Round Ireland Yacht Race", a challenging, non-stop regatta
around Ireland, which belongs to a series of offshore races, such as Sydney to
Hobart, The Fastnet, and Newport to Bermuda, and the title sponsor of the "BMW
Auckland Regatta Week", at which ambitious amateurs compete against each other
in New Zealand, one of the world's leading sailing nations. Furthermore BMW is
"Official Car" of the "RC 44 Circuit" where America's Cup greats like Russell
Coutts, Dean Barker and James Spithill are competing.

BMW ORACLE Racing
BMW ORACLE Racing is the Challenger of Record for the 33rd America's Cup,
representing the USA's Golden Gate Yacht Club of San Francisco. The team is
preparing for one-on-one match in multihulls against Swiss Defender, Team
Alinghi. A New York court is expected to soon confirm the date for the
two-out-of-three match for which the defender is to confirm the venue.

BMW ORACLE Racing is based in Valencia, Spain. The team's multihull race yacht
for the 33rd America's Cup is under construction in Anacortes, WA, USA.

For more information, please go to www.bmworacleracing.com. For copyright-free
photos, please visit www.bmor-photo.com.

For More Information please contact:

Nicole Stempinsky
BMW Sports Communications
Tel.: +49 (0) 89-382 5158
Fax: +49 (0) 89-382 28567
Email: Nicole.Stempinsky@bmw.de
www.bmw-yachtsport.com
www.bmworacleracing.com
www.press.bmwgroup.com