New Year, New Opportunities–
American Race Driver Pete Olson Leaves FRD, Moves to Champ Motorsport

February 21, 2010

Zhuhai International Circuit, Zhuhai China –

In a surprising announcement yesterday, American race driver and instructor Pete Olson revealed that he has just left
the FRD Motorsports [FRD Sports] race team as its Chief Instructor, to move onto Champ Motorsport, citing more
favorable opportunities for career advancement.

“Champ Motorsport offers me, or any driver, increased professionalism, better team management and engineering, and
above all, a far more competitive racing car – and that’s the most concise summary I can give you. There is no
comparison between the two teams. I cut my teeth in FRD but then again, many drivers started there before moving
on. It’s time to look to better opportunities and I have no doubt that this is a very favorable move for my career.”

After clinching the Bridgestone F2000 Championships in Canada in 2007 and 2008, Olson started with FRD Motorsport in
China in December 2008, as one of the team’s Formula Renault series drivers and the Chief Instructor for FRD
Motorsport. As Chief Instructor, Olson coached over a hundred drivers the skills to race, with several drivers going on to
win various leading national Championships in Asia. Now, Olson has moved on to coach with Pekka Saarinen.

In typical brash style, Olson said “I have found that Champ [Motorsport] is a far more professionally run team, thanks to
Pekka [Pekka Saarinen, 2004 German Formula Renault Champion; 2005/6 Asia Formula Renault Champion]. He is not
only an incredible coach but runs the team in European style, like clockwork, in the way that I learned with my first pro
team, Bridgestone. It’s the way I operate as well, work hard and play hard.”
We wish Olson the best of luck in his 2010 season with Champ Motorsport.

Champ Motorsport: Champ Motorsport Ltd. [Champ], is headquartered at the Zhuhai International Circuit. One of the
leading teams in China, Champ was founded in 2003 and participates in Asia Formula Renault, Formula V6 Asia, Macau F3
Grand Prix, and the Hong Kong Touring Car Championship. Champ also conducts race training programs for new as well
as experienced drivers.

For more information contact:

Christian Children's Fund
Media Relations Contact Agent for Pete Olson:
Jennifer Harter
Communications Associate
Christian Children's Fund
2821 Emerywood Parkway
Richmond, VA 23294
(804) 756-8994

Peter Olson
Olson Motorsports, LLC
Zhuhai International Circuit
Zhuhai, Guangdong, China PRC
Tel: + 86 136 3126 3565