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This week's profile highlights Grand Prix Sports Inc. (OTC BB: GPRX), the 40 percent owner of Coca-Cola Nordic Racing, a major winner in Formula 3000 Grand Prix racing. The company has BREAKING NEWS just released after-market. This means that for once, you won't be the last to know.

BACKGROUND

Very few opportunities exist to invest in sports or athletic teams. Formula Motor Sports (Grand Prix Racing) is the worlds most popular sport with an enormous following and sponsorships of their multi-continental race circuit. Formula 3000 grew out of the popularity of Formula 1 racing. The circuit now boasts worldwide interest and elite corporate sponsorship from companies like Coca-Cola.

<< Breaking News >>

Grand Prix Sports Inc. Through Coca-Cola Nordic Racing Wins FIA Formula 3000 Team Championship for 2001

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News/Assignment Editors & Sports Writers

IRVINE, Calif.--(BUSINESS WIRE)--Nov. 2, 2001--Grand Prix Sports Inc. (OTC BB:GPRX) announced that it has won both the FIA Formula 3000 International Team Championship and Drivers' Championship for the 2001 season. Coca-Cola Nordic Racing secured the Team Championship with two races remaining in the 2001 season and has set new team records for the most podium appearances and team points of any team since 1985. Appropriately, Coca-Cola Europe Ltd. has extended its title sponsorship for Nordic Racing for an additional two years.

Coca-Cola Nordic Racing driver Justin Wilson also won the prestigious Drivers' Championship while teammate Tomas Enge finished in a tie for second place. Wilson became the first-ever British driver to win the Drivers' Title and with a 71 point total, eclipsed the all time single season points record previously held by Formula 1 driver Juan Pablo Montoya. Enge missed the last F3000 race at Monza, Italy after being chosen by the Prost Formula 1 team to replace the injured Luciano Burti for the last three Formula 1 races. Enge successfully competed in the Italian, American and Japanese Grand Prixes to finish the Formula 1 season with Prost.

"Obviously, this is the utmost achievement in Formula 3000," stated Team Principal, Derek Mower. "To win both of these titles is a testament to the strength of our race team and the support of sponsors like Coca-Cola and Conoco. Together, we're effectively tapping into the enormous popularity of global motor sports." Grand Prix Sports owns 40% of Coca-Cola Nordic Racing and is the first publicly traded race team in the Formula world, allowing fans of Formula racing, by and large the world's most popular sport, the unique opportunity to "own" part of a race team.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this news release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of Grand Prix Sports Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.

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[PLEASE FEEL FREE TO REVIEW THIS NEWS RELEASE IN ITS ENTIRETY HERE:
http://biz.yahoo.com/bw/011102/20247_1.html (Copy and paste link into your browser)

FINANCIALS

GPRX has 61.5 million shares outstanding with a $46.74 million market cap. The stock generally trades roughly 60,000 shares per day. The high for the year was $2.56 (04/03/2001) and the low was $0.013 (11/08/2000). A British investment bank, the Bauer Partnership, invested $2 million in Nordic Racing after its win at Silverstone, England in July.

ABOUT NORDIC RACING

Derek Mower is the team principal and founder, and formed Nordic Racing in 1993. Mr. Mower has worked with such names as Fittipaldi and Andretti to name a few.
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DISCLAIMER

All statements and expressions are the sole opinions of Rapid Blast and are subject to change without notice. This is neither an offer or a solicitation to buy or sell any securities mentioned. We do not represent or guarantee the accuracy of any statements made herein. Rapid Blast was paid $5,000 cash plus and $7,500 worth of GPRX shares by Agora Capital Partners International, INc. to prepare and disseminate this Rapid Blast and provide other advertising services. This blast may contain forward looking statements relating to the expected capabilities of the companies mentioned herein. The reader should do their own due diligence before investing in any securities for suitability. Investing in these securities mentioned is speculative and carries a high degree of risk