RalliSpec to Sponsor Paladin Rally Team in 2006

January 20th, 2006 -- Hainesport, NJ

RalliSpec Ltd. has signed on as a technical sponsor of Paladin Rally for the 2006 season. RalliSpec will assist with the development and maintenance of the engines and driveline components in Matthew Iorio's open class rally car.

Paladin Rally took the North American Rally Championship (NARC) in 2005 and hopes to step things up in 2006 in order to claim the Rally America and possibly the Canadian championships. Within the Rally America championship Iorio faces stiff competition from the Subaru backed team of Travis Pastrana and Ken Block. Previously Matthew has focused his efforts on gaining seat time and experience. However, the team now feels that they need to focus on car development in order to gain an edge over the more highly funded teams. According to Iorio, "We'll be doing some pretty exotic things."

RalliSpec is looking forward to the partnership with Paladin Rally in order to showcase its abilities. RalliSpec has been involved in Subaru motorsports for over 7 years and campaigns a group N STi in the Rally America series. While the company has been involved with many clients for similar projects, most have been overseas clients and the exposure level has been minimal. Managing director Dave Anton says, "We are very interested in raising our profile within the North American rally community. Paladin Rally is widely recognized and always fun to watch. Its a perfect match."

Follow the Paladin Rally team at www.paladinrally.com.