FORMULA BMW USA - SAN JOSE GRAND PRIX - ROUNDS 9 AND 10

Rookie Points Leader Gutierrez Takes Round 10 Win

San Jose, Calif. - July 29, 2007... 15-year old Rookie Esteban Gutierrez
(Autotecnica), of Monterrey, Mexico, won Round 10 of the 2007 Formula BMW USA
Championship today at the San Jose Grand Prix from his record-setting seventh
pole of the season. Leading from standing-start to checkered flag, Gutierrez
finished 4.685 seconds ahead of Daniel Morad (Eurointernational) in the 26-lap
race. With his third win of the season Gutierrez consolidates his led in the
Rookie point standings and moves to second in the Overall points. Morad, who
set a new race lap record (1:02.497) on his way to adding a third podium finish
to his five season victories, retains the lead in the Overall standings. Rookie
Junior driver Ricardo Favoretto (HBR Motorsport Team USA) finished third to cap
the best weekend of his career.

Maxime Pelletier (HBR Motorsport Team USA) finished fourth and Philip Major
(Autotecnica) finished fifth.

The top-finishing Rookie drivers were Gutierrez (P1), Favoretto (P3), Eric
Morrow (P7) and Timothy Hollowell (P9).

Due to damage in the warm up, Junior driver Jeffrey Petriello sustained damage
that prevented him from joining the race. The 15-car field got off to a clean
start with Gutierrez holding the lead over Morad into Turn 1. They were able to
open a gap as Yannick Hofman's (Eurointernational) progress was hampered after
Robert Thorne (Team Apex Racing USA) spun him out. Both were able to continue,
Thorne with a damaged front wing. Round 9 winner Alexander Rossi (Team Apex
Racing USA) ended his day early after tapping the wall in Turn 3. He was forced
to retire with a broken left rear suspension, bringing out the only caution
period of the day.

The field settled down after the lap 3 restart with Pelletier giving chase to
Favoretto. Although action continued in the rear of the field, the finishing
order remained unchanged.

"We had some tough luck this weekend." said Gutierrez. "Crashing in practice
and missing qualifying, and yesterday's technical exclusion. To qualify for
pole for the second race I had to put everything behind me and focus on the
moment and forget the past and keep going forward. It is good to win."

Championship points leader Morad commented, "Yesterday was my fault and I feel
bad for my team because I pushed past the limit when I was running in second
place. It cost my team valuable points, but I am glad to have raced a clean
race and extend the points lead with a strong second place today."

Favoretto added, "Without a chance to do pre-season testing, I was afraid I
would not be able to get to a point where I could get to the podium in my
rookie season. I learn more every race and the team is working very well and
everything is coming together. I am very happy to be on the podium and hope to
do it again soon."

Rounds 11 and 12 of the Formula BMW USA Championship will be held at Road
America, in Elkhart Lake, Wisconsin, on August 9-12.

Round 10 - Results (26 laps)
1 Esteban Gutierrez (R) Autotecnica 30:01.401
2 Daniel Morad EUROINTERNATIONAL 30:06.087
3 Ricardo Favoretto (R) HBR Motorsport Team USA 30:13.852
4 Maxime Pelletier HBR Motorsport Team USA 30:14.664
5 Philip Major Autotecnica 30:23.692
6 Steven Guerrero HBR Motorsport Team USA 30:24.642
7 Eric Morrow (R) Hearn Motorsports 30:31.437
8 Jordan Dick JD Racing 30:34.446
9 Timothy Hollowell (R) Team KMA Racing 30:35.107
10 Billy Goshen Hearn Motorsports 30:44.629
11 Julia Landauer Team KMA Racing 30:48.446
12 Yannick Hofman EUROINTERNATIONAL 30:18.342 - 1 lap
13 Robert Thorne* Team Apex Racing USA 30:24.352 - 1 lap
14 Mike Hill Team KMA Racing 16:56.554 - 13 laps
15 Alexander Rossi Team Apex Racing USA 2.757 - 26 laps
16 Jeffrey Petriello (R) Team KMA Racing DNS
* Penalized 20 seconds for violation of the 2007 IMSA Code 5.6

Championship points after 10 of 14 races:
1. Daniel Morad (EUROINTERNATIONAL, 395), 2. Esteban Gutierrez (Team
Autotecnica, 299), 3. Maxime Pelletier (Team HBR Motorsport Team USA, 297), 4.
Steven Guerrero (HBR Motorsport Team USA, 268), 5. Alexander Rossi (Team Apex
Racing USA, 265), 6. Sebastian Saavedra (EUROINTERNATIONAL, 258), 7. Jordan
Dick (JD Racing, 252), 8. Ricardo Favoretto (HBR Motorsport Team USA, 245), 9.
Yannick Hofman (EUROINTERNATIONAL, 244) 10. Robert Thorne (Team Apex Racing
USA, 242), 10. Jeffrey Petriello (Team KMA Racing, 242 12. Eric Morrow (Hearn
Motorsports, 186), 13. Philip Major (Team Autotecnica, 181), 14. Tim Hollowell
(Team KMA Racing, 162) 15. Mike Hill (Team KMA Racing, 142), 16. Julia Landauer
(Team KMA Racing, 126), 17. Lindsey Adams (Team Apex Racing USA, 84), 18. Matt
Ferris (Gelles Racing, 80), 19. Billy Goshen (Hearn Motorsports, 38) 20. Adrien
Tambay (EUROINTERNATIONAL, 32) 21. Felipe Polehtto (Team Apex Racing USA, 28)
22. Keenan Schmitke (Gelles Racing, 24) 22. Michael Vincec (Jensen Motorsports,
24)

Rookies: 1. Esteban Gutierrez (287), 2. Jeffrey Petriello (240), 3. Ricardo
Favoretto (206) 4. Eric Morrow (156) 5. Tim Hollowell (136) 6. Adrien Tambay
(32) 7. Keenan Schmitke (24) 7. Michael Vincec (Jensen Motorsports, 24)

Background:
Formula BMW is the world's leading entry-level championship in Formula racing.
In 2007 the series will be held in Germany, the UK, Asia and the USA. More than
80 up-and-coming drivers, some as young as 15-years old, will compete
worldwide. Racing four times in support of the Formula One World Championship,
Formula BMW offers a worldwide stage, training through a multifaceted Education
and Coaching Program and BMW's longstanding Junior scholarship for deserving
drivers.

The FB02 race car is propelled by a 140 bhp BMW engine, reaching speeds up to
140 mph. The design exceeds the FIA safety requirements for its class, with the
BMW Motorsport developed FORS (Formula Rescue Race Seat), and the mandatory
HANS (Head and Neck Support) safety system.

From November 24 to 26, 2006 the Circuit de la Comunitat Valenciana Ricardo
Tormo hosted the second Formula BMW World Final. 37 young racing drivers from
the four regional Formula BMW series competed against each other with the
winner Christian Vietoris receiving a test drive with the BMW Sauber F1 Team.

# # #