INDY RACING LEAGUE MEDIA CONFERENCE

March 16, 2004

Adrian Fernandez

Marty Roth

MARTY ROTH: Thank you, it's great to be here.

MARTY ROTH: Yeah, it's been a great series, a great learning experience. You know, I can't imagine (inaudible) without moving up through the Pro Series. You know, I've met a lot of great teams, you know, a lot of great people, a lot of great drivers. It's just a great series. You know, a hundred miles of hold-your-breath racing.

MARTY ROTH: First time. I'm looking forward to it. I do get to do the open test in the Freedom 100 first, then I'm back and forth in between the two cars. I've got a jump on the rookie orientation day for about two days before I go out in the big cars. I'll get used to the track, sort of play it by ear.

MARTY ROTH: Yeah, there's a lot of difference. Bigger cars tend to hold the track a lot better. They're a lot faster. On the same note, they seem a little bit more telegraphic than the lighter cars, or at least that's what my experience was when I did my rookie test in 2002. But we'll get used to it pretty quick.

MARTY ROTH: I've been talking to other drivers, Rick Mears, Sam Schmidt, a few others out there who offer their advice. I've got a pretty knowledgeable team as far as running the big cars and running the speedway. Mark Moore and Butch Wankel are no strangers to the Indianapolis Speedway. I'm in good hands.

MARTY ROTH: Primarily the teams come from PacWest. They've been in the Infiniti Pro Series, they've been bouncing around in the IRL, all over the place really. You know, when we went and formed the Infiniti Pro team, picked up the Panther equipment, I hired Mark Moore as team manager. He had his pick list. He went around. You know, the first guy he brought in was Butch Wankel. It's just been great working with these guys. We gelled immediately. We've done a fair bit of testing. We ran our first race in Homestead. You know, that's really the reason we're moving ahead. You're not taking a racing team and moving the whole racing team up to the IRL level; it's more like they were already there.

MARTY ROTH: Well, they should all be the same, shouldn't they? But, yeah, it certainly is a passion. It's a business opportunity. It's all of the above. You know, I've been after this my whole life. You know, I started racing motorcycles when I was 16, and started car racing actually kind of late in the game. I must have been 27 at that point. You know I've just been trying to step up to the bigger cars all the way through, knocked down a couple of times, got back up, kind of back and forth, you know. Now we're on track, and we're moving in the right direction.

MARTY ROTH: Well, it came pretty easily at Kentucky. It's a different track. There was a lot higher banking. I do anticipate going a little quicker here, and with a lot less banking. You know, getting used to the track I think's going to be the easy part. You know, as far as dealing with Indy and the whole show, that will be where the distraction is. I'm going to keep my eye on the ball, just go up there and sort of make the fastest race car I can for the race.

MARTY ROTH: I remember the first time I went around there on a super-bike. In my helmet, I just started laughing. It was a fantastic experience, and something that I've never forgotten, that first trip around the banks. I'm expecting something similar here, you know. I still remember fondly the first time I stepped into that IRL car in 2002. It kind of reminded me around that first trip around Daytona banking on two wheels.

MARTY ROTH: Dream of the time I could get back into a car (laughter). No, the '90s were really rough on us in the real estate game. We were pretty much in a recovery mode over the next 10 years. It was always my intention to get back into a car. It just took a little longer than expected.

MARTY ROTH: There's nothing like the 500. You know, I've been there a few times now, and it's just such an amazing place as far as the energy, you know. You put half a million people into a stadium, and it covers you with goosebumps. That's how racing is. You just got to look at it as another race you got out there, and your job is to set that car up, you know, learn the track, set the car up, go racing. Like I said, the main thing is keep your eye on the ball, don't get distracted, and go out and do your job, build a fast race car.

MARTY ROTH: We've tried to secure sponsors. We've got a few things lined up. It depends on how those things unfold. But I'd certainly, yeah, like to finish the season.

MARTY ROTH: Thanks for having me.

ADRIAN FERNANDEZ: Thank you. How are you?

ADRIAN FERNANDEZ: Yes. Well, the decision came down to practically more than the wire. We needed some confidence, we needed some assurance of what the new group of owners of open-wheel racing were going to do, and those things were not happening. When you have four, five weeks before the first race, you have to make serious decisions. You can't just go by trust when you have sponsors that been with you for many years and what the situation doesn't look good. At some stage, we had to make our decision. We consulted with our sponsors. That's what we did.

ADRIAN FERNANDEZ: Well, we've been in IndyCar Series before with Matsura and with Roger last year, with our sponsor Panasonic. This really will put the team together again. It really makes more efficient the team. It makes a lot of things a lot better for us also. I think that will make us more competitive. The team has been racing the G Force car. Even though I haven't been on the car before, we're not going to start from zero because the team has been testing, it has been racing. I think it will be a good opportunity for Matsura to learn and work with us. I'm looking forward to that. I'm looking forward to go back to Indy, Motegi, and see a lot of my old friends that I haven't seen in a while.

ADRIAN FERNANDEZ: It's going to be exciting because when I took part in the race in '94 and '95, it was very, very -- it was a very short opportunity in terms of in the race. The first year, I had a flat tire, and I could never make it to the pits. The second year, I had a blown engine. So I really never finished the race. I also wasn't in the team -- in the right team at that time. It was just the beginning of my career. I'm very excited to go back with our own team and to go to race one of the most exciting races and most strategic races in the world.

ADRIAN FERNANDEZ: Yeah.

ADRIAN FERNANDEZ: Yeah, I remember when I did my first few laps in an IROC car, everything comes back pretty quickly. Obviously an IROC car is totally different than an IndyCar. But in terms of the track and all that, we did a lot of laps in those two years. You know, anything that you learn good you don't forget. We're going to have so much practice through the dates and everything that I don't foresee any problems at all.

ADRIAN FERNANDEZ: Absolutely. Our Mexican fans have always been very supportive. We just have to let them know that I'm going to be there. I'm sure they will come to support us, and we will support like we always been. What we are right now is, you know, it's because our fans, because of the support we have got through Mexico for many years.

ADRIAN FERNANDEZ: Well, drivers, drivers they were going to compete on the year, the schedule, the TV package, internationally and Mexico, a business plan. Just the normal things.

ADRIAN FERNANDEZ: I mean, I made my decision on the fact that we have presented to us in Long Beach five weeks before the first race. You know, to be honest, I hope they have 25 cars in Long Beach, and the Mexican races will be a success as ever. I mean, for me it's a big hit, and I feel very sad for not being able to race in Mexico. I will do anything to race those races. What we got presented and what we saw there, it didn't give us the confidence that this will happen. And what other teams, what other drivers may think or not, that's up to them. We had to make our decision. When we spoke with our sponsor, we presented the facts of the situation. We saw it was very critical, and we just couldn't go by the word trust. When you have the owners of the series taking drivers with funding away from other private teams, you see Patrick Carpentier with no drive, you see the champion of the series with no sponsorship, when he's from Canada, three events important from the series, how in the world you cannot get sponsorship from Canada to support the Champion when you been supported from Player's for so many years? It just doesn't make sense. Nothing of the things were making sense. As much as I been supporter of the series, I always was, I was big part of the support for Mexican races to make them happen, how long can you be hanging on there waiting for this will happen? Unfortunately, there is not $100 million as there was last year to support the series. You have to go by trust. It's difficult thing to do when you don't see the facts happening.

ADRIAN FERNANDEZ: Well, think about it. I mean, I know it's been around there, because Gerry Forsythe said it. But any money owed or not owed to Hernandez Racing, we knew that in December. Do you think I'm going to wait all this late and let the first race go away, and in the last little minute, present my car in Long Beach, after that go to my sponsor, Telmex Tecate and Quaker State, support the two Mexican races, go there and tell them my story, move them to the IRL because of money? I mean, there's no way I would make that. I don't care how good I am on selling or doing things, but there is no way you can be able to do that. The risk factor of doing all these things would be huge, if I was doing it for the money. You know, our sponsors have been hit tremendously in Mexico because of the two Mexican races. So this was a serious decision. People who think about that I did that, they have to think about that I also have (inaudible) and that's our sponsors, and this was not an easy decision. If you think about it, at the end of the day, why should I go through all these problems and this situation? I probably should just retire and not do anything. But I'm not ready to retire. I'm not ready to leave the sport this way. Who have turned the back on me is them, not myself on them.

ADRIAN FERNANDEZ: Right. I do hope so. I will do anything to be back to race in front of my fans. Those races, I fought very hard for those races, to make them happen in Mexico. Believe me, to make the decision I did, it was very, very, very hard. People have to get it very clear and very straight. If they don't get it, I don't care. It's what we made, and the decision we made with the consulting of our sponsors, was because we were not presented with the assurance and the facts that we needed to have a business plan for the future. You know, how can you be confident when you have 12 drivers confirmed, and all the things I have mentioned already, which are not just coming from myself, they're already public knowledge. Most of you guys have already written by information through other sources. If you put all this together, what would you guys do?

ADRIAN FERNANDEZ: It's very difficult. But the most difficult thing is when you criticize somebody else without the facts in your hand. If I'm going to be a fan of somebody, if I'm going to be a friend of somebody, I'm not going to criticize or I'm not going to give my opinion before I have the facts on my hand. Everybody has a right to criticize and to say something. But I've been surprised in the way some people, some fans, have reacted without the real facts on their hands, see really why Fernandez Racing has made this decision. I know the real fans who are behind Fernandez Racing and myself will see at the end of the day why we did this. It's nothing that Fernandez Racing and Adrian Fernandez likes, but we have no choice. I'm very sad what happened in open-wheel racing in the last few years. It's time to get united. It's time to look forward to the future. The things that presented to us, like I said before, were not an assurance that the series will continue. That was going to be -- if we will wait till Long Beach, it don't happen. If we will wait, three races, the series will not continue because there will not be commitment or whatever. It will be the end of Fernandez Racing, and I will have to put 40 employees with their families out in the street in a situation where business is -- employee opportunities are very scarce because most of the teams have been gone. A lot of teams are out there. There is a lot of mechanics looking for jobs. When you put all this in perspective, you know, it will be the end of everything. The hit will be a lot harder than what we feel now. I think everybody is reacting by emotions, and I will understand it. But believe me, for myself and for our sponsor, it was a very, very, very hard decision to take. But I can't save the sport on my own. There is other things that has happened through the years to get where we are. Unfortunately, the old Champ Car that we know is all gone. Just look at the teams that there are now. Look at the teams that were there. Look at the drivers that were there and are there now. You have to look at the facts of the real situation and the facts that has been happening in the last few days to really make a good judgment. At the end, every opinion, every comment is respectable for everybody.

ADRIAN FERNANDEZ: Well, we have three G Force cars. We took one of those cars to be prepared for this race. We have 11 basically days to get everything ready. I went to the shop last Friday to do the seat. Like I say, if this was something that was related to money or something like that, I would have tested this car before, I would have my seat ready and everything. But we've been scrambling to have the car ready. Honda has been supportive, we're going to have an engine from them. They're doing everything they can to support us and help us. We're not starting from zero, even though I haven't been able to drive the car yet. We have information from the team. They have already run the car. So a lot of the little things that you go through when you have a new car, it's already been sorted. You know, for me, it's the first session, it's just a matter of getting used to the engine power, to the car, all the little things you normally do in the first testing when you have everything new. The team has been together for a while. We have John Ward now as an engineer that work with me in the days of Patrick Racing. That's going to help tremendously to help that confidence of my guys, knowing they will be preparing a good car. I just have to take it step by step. But I'm encouraged, you know, at the end of the day, with the support of our team, Honda, our sponsor, we'll be able to get the results that we all want.

ADRIAN FERNANDEZ: Yeah. We have two more cars coming, yes.

ADRIAN FERNANDEZ: Yeah, there's quite a few. Probably more than half.

ADRIAN FERNANDEZ: Well, it's not easy. Especially when you go through things like this, when you have to make tough decisions, when you have to go through situations that really in general doesn't belong to drivers in the general situation. You know, you always have to be yourself and do the best at what you believe and try to follow your instincts. I have been able to organize myself with the team in a way that will help me concentrate more on the race car. Tom Anderson, as you know, he's done a tremendous job with the team, organizing everything in a way that has helped us help me dedicate more time to the gym, to the things I really need to do to be competitive. The first year was extremely hard, and it's getting easier every year. Obviously, these last few weeks have been very hard. But apart from that, I'm really looking forward to put all this behind me and, you know, concentrate on the IRL series and do a best job for our sponsors and the team.

ADRIAN FERNANDEZ: In charge, we have a few people, Gustavo De Campus is my team manager. We have John Ward, which is my engineer. They're in charge of the car. We have people that all have the responsibility, not because I'm the driver and owner, what I say is what is going to happen. They all have the systems. I have good people who calms me down when I have to be calmed down. You know, when I'm on the race car, I'm a race car driver. It doesn't change in that respect anything from the past.

ADRIAN FERNANDEZ: Well, it's going to be very big. Like I say, I haven't been on the race car before. I don't know much what to expect. But at the same time I had a lot of experience on ovals. I've spoken to a lot of guys on the cars and all that. Hopefully the transition will not be as bad as I may think it will be. And hopefully we can get competitive straightaway. Obviously, I have to be smart and take it step by step. This weekend will be a learning -- the whole process will be a learning process for everybody at the team, myself, the crew, everybody. But half of the job is done because we have another team there. We will have a lot of help and support from them.

ADRIAN FERNANDEZ: I don't know. I mean, that's a difficult question to ask because I don't control that. The only thing I can do right now is just concentrate on what I'm doing, you know, let the politics and other things behind me, start to concentrate on driving, which has been difficult in the last few days.

ADRIAN FERNANDEZ: I'm looking forward going to Japan. I have a lot of good friends. Motegi really changed myself when I came from Tasman and went to Patrick Racing. That was my first win with Pat Patrick. Coming into a season I was struggling, a season I was really competitive, it changed the whole perspective of my career. Then coming back in the following year, in '99, repeating the task of winning the race was just fantastic. Not only did we win the race, but we were very strong there, dominant both times. So I'm looking forward there. We have a lot of fans there. We have a lot of support. I miss not going there the last few years.

ADRIAN FERNANDEZ: To be honest, it was not my intention, and it's not my intention at all. Like I said before, I wish open-wheel racing well, and I hope they have 22, 23, 26 cars in Long Beach, and they have a successful season. Like I said before, I have to make my decision on the facts that were presented to me at that late stage of the season. But, I mean, everybody have say for a long time that we need to be united. Somehow people in both sides have always been -- they been trying to do that, but at the end of the day for one or the other reason, it hasn't happened. That has hurt the sport in general with so much confusion through the fans, and really everybody has lost here. We need to get back together. Michael Andretti have said it. Many people have said it. We need to get back together. We need to put one series, work all together toward the future. When I entered the series in '93, it was a fantastic series. Hopefully this can come back to us.

ADRIAN FERNANDEZ: Internationally, definitely it is. It's definitely the most recognizable race in the world. Indianapolis 500. For me, personally, obviously the most important races for me will be the Mexican races. That's why I've been so deeply sad about what has happened, because I have to leave those races for the moment behind me. It's not something that I really wanted to do. But, like I say before, I have no choice. The Indy 500 definitely, besides the Mexican races for myself personally, it will become the most important race this year for me.

ADRIAN FERNANDEZ: Well, you know, those type of decisions are never going to be easy to do. And you know the repercussions of those decisions. Decisions are going to impact tremendously on both sides of the frontier. So I knew that my decision was going to be a very serious decision, and I have to be very -- we had to be very sure about what we were doing. We consult our sponsors. We went through a lot of talks and meetings and everything. We come up with this decision as hard as it could be because of what was happening. Panic, no, because I was sure of what I was doing, very sure about what I was doing. And time will tell. But it's one of those things that once you make the decision, you just have to keep working on what you believe. What I believed is what we have made. Like I say, time will just tell. But right now, you know, I would like to put all these things behind and try to focus on what I do the best, which is driving and focus on the team and building a team, fight for the championship, and leave all those things behind me. I know from my side, my heart, I did everything -- always I did everything to support Champ Cars and support the Mexican races. I have never left them behind. I never turned my back on them. It was just the other way around.

ADRIAN FERNANDEZ: I think he has a lot of things to learn. He's never been on an oval. He doesn't have a teammate. It's difficult when you come on ovals. That happens to everybody. I like him very much. He's very talented. He's a very quick driver. He needs to learn a lot of the ovals. I think this change is going to help him tremendously.

ADRIAN FERNANDEZ: To be honest, I have heard things like you have heard, but I don't have the facts. I haven't talked to them, the people from Cancun. I can't really comment on that because I really don't know about it.

ADRIAN FERNANDEZ: What happened was this has been a problem for us in the last few years, having to stabilize the engineering side. We got John Dick a year ago, two years ago, and he's been fantastic to work with him. He actually helped us in the last few races last year, and we were extremely competitive. When we were looking into who will be -- who could be our engineer this year, we looked at different opportunities. When all these things were shaking about moves, different teams, all that, we find out that John was available. Immediately we called him back, we made a deal with him. He worked with us in the first year of Fernandez Racing. We worked together for three years in Patrick. We always kept a good friendship. We never finished bad with him. He's coming back to join the team. That's a big confidence for myself because we know each other a lot. We were very strong that year. Obviously, there was a lot of pressure from myself to do good. But the team was very young, and sometimes you just do the wrong decisions. We were very inexperienced in handling the team. But I have learned a lot and I realize that John was the right person that we needed, and I'm just very glad that he came back with us.

ADRIAN FERNANDEZ: Thank you very much.