Rocket Racing League(R) Announces First Exhibition Race, Upcoming Race Schedule,...

Rocket Racing League(R) Announces First Exhibition Race, Upcoming Race
Schedule, Key Partnership and Acquisition
New Entertainment Sports League to Stage First Exhibition Race at EAA
AirVenture in Oshkosh August 1st and August 2nd

NEW YORK, April 14 /PRNewswire/ -- The Rocket Racing League(R) (RRL(TM)),
the new entertainment sports league that combines the exhilaration of racing
with the power of rocket engines, today announced that the First Exhibition
Race of the Rocket Racing League(R) will take place on August 1st and August
2nd at EAA AirVenture in Oshkosh, WI. In addition to announcing the dates of
the First Exhibition Races, the Rocket Racing League(R) also announced the
remaining series of exhibition races for the rest of 2008, the acquisition of
Velocity Aircraft by Rocket Racing Composites Corp., and announced that
Armadillo Aerospace will manufacture liquid oxygen (LOX) engines for the
Rocket Racing League(R).
(Photo: http://www.newscom.com/cgi-bin/prnh/20080414/NYM121 )
First Exhibition Race
On August 1st and August 2nd, the first Exhibition Race of the Rocket
Racing League(R) will be held at EAA AirVenture in Oshkosh, WI, the largest
air show in the world. For the first time ever, two Rocket Racers(R) will
compete head-to-head in a demonstration race in the raceway in the sky. The
Rocket Racer(R) pilots will view the "raceway in the sky" via in-panel and 3D
helmet displays and the 700,000 people in attendance at EAA AirVenture will
witness the racing action live on multiple large projection screens.
"The first Exhibition Race of the Rocket Racer(R) is an important
milestone in the progression of the Rocket Racing League(R)," said Granger
Whitelaw, Chief Executive Officer of the Rocket Racing League(R). "We look
forward to sharing the experience and thrill of rocket racing with the
public."
"EAA has followed the development of the Rocket Racing League concept with
great interest," said EAA President Tom Poberezny. "We are excited about the
opportunity to develop a whole new audience of aviation enthusiasts, while at
the same time promoting aviation innovation."
Exhibition Race Schedule
Following the first Exhibition Race at EAA AirVenture, the RRL(TM) will
hold exhibition races at venues around the country, including: -- Reno
National Championship Air Races (Reno, NV) - September 10-14
-- X Prize Cup (Las Cruces, NM) - TBD 2008
-- Aviation Nation, Nellis AFB, (Las Vegas, NV) - November 8-9

Velocity Aircraft Acquisition
Rocket Racing Composite Corporation, a subsidiary of the RRL(TM),
announced the acquisition of Velocity Aircraft of Sebastian, FL, a leading
manufacturer of four-seat canard pusher experimental aircraft. Under the
terms of the agreement, Velocity Aircraft will become a wholly owned division
of Rocket Racing Composite Corp. and will produce an airframe that will be
consistent for all competing Rocket Racers(R). Through a rigorous research
and development, all Velocity-constructed Rocket Racers(R) will be equipped
with the safest-possible airframe for any kind of aircraft. The cockpit seats
for all Rocket Racers(R) will be reinforced to withstand impacts up to 20G
load and other safety measures will be added using a methodology similar to
that of F-1 and Indy Car to better protect pilots and passengers alike.
Scott Baker, president of Velocity, Inc. offered his enthusiastic remarks
that, "Velocity is truly excited to be a part of Rocket Racing. Many of the
technology advances that are planned for the Rocket Racer models transcend and
offer performance and comfort benefits to Velocity owners who use their
aircraft for personal and business travel."
Armadillo Aerospace
Rocket Racing(R) is also pleased to announce that Mesquite, Texas-based
Armadillo Aerospace will be providing LOX engines for the Rocket Racing
League(R). A leading provider of reusable rocket-powered vehicles, Armadillo
Aerospace is focused on vertical takeoff, vertical landing (VTVL) suborbital
research and passenger flights, with an eye towards eventual paths to orbit.
"Flying people on our rockets has been our goal from day one, and we are
excited to work with the Rocket Racing League(R) to provide a system that will
be safe for the pilots, cost effective and robust for the teams, and
spectacular for the crowds," said John Carmack, President of Armadillo
Aerospace.
About The Rocket Racing League(R)
Founded in 2005 by two-time Indianapolis 500 winning team partner Granger
Whitelaw and X PRIZE Chairman and CEO Peter Diamandis, the Rocket Racing
League(R) (RRL(TM)) is a new entertainment sports league that combines the
exhilaration of racing with the power of rocket engines. To be held at venues
across the country, the Rocket Racing League(R) will feature multiple races
pitting up to 10 Rocket Racers(R) going head to head in a 4-lap, multiple
elimination heat format on a 5-mile "Formula One"-like closed circuit raceway
in the sky. For more information on the Rocket Racing League(R), please visit
www.rocketracingleague.com.
SOURCE Rocket Racing League(R)

David I. Barkoe, +1-212-201-7894, david@attentionpr.com, or John McCartney,
+1-212-201-7893, john_mccartney@attentionpr.com, both of Attention! for
RRL(TM)