Season Entry Package and Drivers Orientation

December 2, 2008

F430 Driver Orientation

The 2009 season will be kicked off with a 1 day-orientation (Thursday) at the Homestead Miami Speedway.

Our official series coach who will also accompany the drivers throughout the entire season, will provide for a structured program including

• Philosophy of Gentleman Racing and the Ferrari Challenge
• 2009 series rules and regulations
• Drivers etiquette and successful Racing experience
• Track side support and data analysis
• Race car set-up and interaction with Crew

While this orientation will once again be mandatory for all new drivers and those who finished outside the top ten, we strongly recommend participation of all Challenge drivers. This 1-Day orientation will be organized by Ferrari North America and is included in the Season Championship Entry Package.

Through this orientation, we look to embark on a safe and successful 2009 season. If however during the course of the Driver’s Orientation it is determined in the judgment of Grand Am together with the FNA official series coaches that a driver needs additional training, the following can/may be prescribed:

1. Mandated to use a Grand Am/FNA approved driver coach during a prescribed probationary period. The cost for the coach will be the sole responsibility of the driver.
2. Mandated to participate in further race training/instruction at a Grand Am / Ferrari North America approved racing school. The cost of this training will be the responsibility of the driver.

If in the sole judgment of Grand Am, a driver is determined not to be well-suited for competition, he may participate in practice sessions however might be restricted from competition in the races until sufficient driving skills are proven.

Entry Packages

1. Season Championship Entry Package

The Season Championship Entry Package is a comprehensive package and enables a driver to score points in the 2009 season championship.
(See the “Guest Driver - Single Race Entry” section below for information on single race entries).

Details – $24,000 and to include the items listed below:

• 4 race entry fee
• Homestead Orientation days
• Championship fee -- enabling drivers to earn series championship points
• Fuel -- per series regulations
• Pirelli Tires -- per series regulations (8 tires for 2 race weekend/6 for a 1 race weekend)
• Memorabilia
• Official SABELT Challenge suit
• Trophies for 1st, 2nd and 3rd finishing positions
• Special race and season awards, and year end awards
• (2) hospitality tickets for the driver (1) and one (1) guest for 4 races

New 2009 F430 Challenge Car Purchasers
– All customers purchasing a 2009 Model Year F430 Challenge car will automatically purchase the Season Championship entry package ($24,000). This is additional to – not included in – the vehicle’s MSRP.

2. 5th & 6th Race Entry packages –
$3,500 per event and to include the items listed below (for full season entrants only)

• single race entry fee
• single race fuel -- per series regulations
• single race Pirelli tires -- per series regulations
• single race trophies
• series championship points
• (2) hospitality tickets for the driver (1) and one (1) guest for the 4 races

3. Guest Driver / Single Race Entry
– Is intended for new* Challenge participants who have significant experience in another series / track activity or are returning Challenge drivers. Drivers entering as a Guest Driver will not receive series championship points. All Guest Drivers / Single Race Entries require prior approval by the Challenge Committee. Please submit all entry requests to the Challenge Series Manager at Ferrari North America 14 days prior to the event.

Details – $7,000 and to include the items listed below:

• • single race entry fee
• • single race fuel -- per series regulations
• • single race tires -- per series regulations
• • single race trophies if earned
• • (2) hospitality tickets for the driver (1) and one (1) guest

Please note that Guest Drivers / Single Race entrants who finish in the top three will be granted special achievement awards on the podium, but won’t score series points. Full season drivers will receive 1st, 2nd and 3rd place trophies on the podium as per finishing positions disregarding guest drivers.