2nd Rennsport Reunion, Daytona April 23-25 Options

[seanery]

PORSCHE ANNOUNCES SECOND PORSCHE RENNSPORT REUNION; DAYTONA
INTERNATIONAL SPEEDWAY CHOSEN FOR ITS RICH PORSCHE HISTORY

ATLANTA, GA - Aug. 12, 2003 - Keeping a promise to America's Porsche
owners and racing fans made in 2001, Porsche Cars North America, in
conjunction with Brian Redman and his Intercontinental Events, Inc.,
today announced Porsche Rennsport Reunion II, to be held April 23-25,
2004, at historic Daytona International Speedway in Florida.

After sports car and motorsports enthusiasts packed Lime Rock
Park in Connecticut to see more than 50 years of history-making Porsche
racecars and drivers in 2001, Porsche promised to hold a second event in
three years time. The Company will fulfill that promise and chose "The
World Center of Racing" because of Porsche's rich history at that track.

Porsche's first win in the Rolex 24 at Daytona in 1968 was not only an
important part of Porsche's U.S. racing heritage, but was significant
for auto racing worldwide as it marked the first Porsche overall victory
in an international 24 hour sports car endurance race. Porsche-powered
cars have gone on to score a record 20 total overall victories in the
Daytona 24 Hour race including this year's win by the Racers Group
Porsche 911GT3 RS.

"Porsche and Daytona International Speedway enjoy reputations steeped in
tradition," said Jim France, Chief Executive Officer of International
Speedway Corporation, the parent company of Daytona International
Speedway and 11 other major motorsports facilities. "With that, it's
only natural that the two would come together for such an exciting event
as the Porsche Rennsport Reunion II. We're thrilled to have Porsche and
its many owners and fans visit "The World Center of Racing."

Porsche Rennsport Reunion II will be open to the public and will bring
together an unprecedented gathering of significant Porsche vintage
racecars owned by private collectors, Porsche Club racers, former
Porsche factory drivers and a selection of historic cars from the
Porsche Museum in Stuttgart, Germany. It will feature a three-day
program of on-track competition plus a concours d'elegance, which will
be open to the event's participants by invitation. In addition, special
activities are planned commemorating the 50th Anniversary of the Porsche
356 and Porsche 550 Spyder, and the 40th Anniversary of the Porsche 911.


Additional details of the Porsche Rennsport Reunion will be
published on Porsche's web site (www.porsche.com), Brian Redman's
Intercontinental Events web site (www.gorace.com), and Daytona
International Speedway's web site
(http://www.daytonainternationalspeedway.com/), as they become
available. Ticket information is available by contacting Daytona
International Speedway at (386) 253-RACE.