Dale Earnhardt Inc. and Ginn Racing Merge; Official Announcement:

Dale Earnhardt Inc. has become even stronger through a merger with Ginn Racing. Effective immediately, the team will feature the Chevys of #15-Paul Menard, #1-Martin Truex Jr., #8-Dale Earnhardt Jr., #01-Mark Martin and #01-Aric Almirola. Martin and Almirola will combine to drive the #01 Army Chevy for the remainder of the 2007 season as well as the entire 2008 season. Menard drives the Menards Chevy, Truex drives the Bass Pro Shops Chevy and Earnhardt handles driving duties of the Budweiser Chevy. All four entries are inside the top 35 in Nextel Cup points heading into this weekend’s Brickyard 400. Regan Smith, who was originally slated to drive the Ginn Clubs and Resorts Chevy in the Brickyard 400, will instead compete in the Craftsman Truck Series race at Indianapolis Raceway Park Friday night in the Ginn Resorts Chevy Silverado. Specific schedules for Martin, Smith and Almirola will be announced later. In addition to Nextel Cup Series competition, the company will continue to field entries in the Busch Series, the Busch East Series and will analyze its future involvement in the Craftsman Truck Series. The numerous teams of Dale Earnhardt Inc. will operate from both the original facility built by Dale and Teresa Earnhardt as well as the nearly 180,000-square-foot facility currently housing Ginn Racing’s teams. The buildings are less than five miles apart in Mooresville, N.C. Dale Earnhardt Inc.’s current management team will be responsible for all day-to- day activities and transition plans have already begun to develop. John Story, vice president of motorsports operations for DEI will oversee the expansion of the company’s racing efforts. In completing this merger, points on Ginn Racing’s #13 car, which was 34th in Nextel Cup owner’s points, have been eliminated.(Dale Earnhardt Inc PR), been told the #78 team will NOT be allowed to buy the points for the #13 car, and have been told that the #21 Ford will move up into the top 35 of owners pts and get the guaranteed spot. Bill Elliott will run the #21 car at Indy with Ken Schrader in the #49, no word yet if Schrader will return to the #21 at Pocono next week.(7-25-2007)