Mandel and Schwab named Co-Grand Marshals

ATLANTA, GA – March 19, 2001—On the road to what promises to be one of the most spectacular one-marque events in vintage motorsports history, Porsche Cars North America (PCNA) has announced that Leon Mandel, vice president and publisher of AutoWeek magazine and Frederick J. Schwab, president and CEO of PCNA, will serve as co-grand marshals for the Porsche Rennsport Reunion, to be held at Lime Rock Park in Connecticut July 27 – 29, 2001.

As much a legend to car enthusiasts as any of the Porsches that will be competing at Rennsport Reunion, Leon Mandel has been reporting and writing about the car world for 37 years. Beginning his career at a weekly newspaper in Northern California, Mandel h as been editor of Competition Press, senior editor at Motor Trend and managing editor and editor of Car and Driver. He is the author of six books including “Speed With Style”; the biography of the late Peter Revson and a one-volume history of the domestic car industry titled “American Cars” which was an alternate selection of the Book-of-the-Month Club. In addition to his work at AutoWeek, the Crain Communications weekly consumer automotive publication, Mandel is currently creative director of the televisio n show, “AutoWeek on Speedvision.”

An automotive enthusiast, Co-Grand Marshal Frederick J. Schwab is President and Chief Executive Officer of PCNA and has overall responsibility for operations necessary to the import and distribution of Porsche cars and parts and for all service functions i n the United States and Canada. Since joining

PCNA in 1985, as executive vice president, Schwab has held several key executive posts prior to his being named president and chief executive officer on March 6, 1992. He was named chairman of the Association of International Automobile Manufacturers (AIAM ) in October 1995, and served in that capacity until February 1998.

Sponsored by PCNA and administered by Brian Redman’s Intercontinental Events, Inc., the Porsche Rennsport Reunion will feature a three-day program of on-track competition and a Sunday Concours d’Elegance open to the event’s participants by invitation. The Porsche Rennsport Reunion is open to the public and will bring together an unprecedented gathering of significant Porsche vintage racecars, Porsche Club racers, former Porsche factory drivers and a selection of ten of the most significant Porsche racecars from the Porsche Museum in Stuttgart, Germany.

Additional details of the event will be published on PCNA’s web site (www.porsche.com) or on Brian Redman’s Intercontinental Events, Inc., web site (www.gorace.com), as they become available.

-Porsche-