GPRX Jumps to the Lead in Formula 3000 Racing

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This week's profile highlights Grand Prix Sports Inc. (OTC BB: GPRX),
the 40 percent owner of Coca-Cola Nordic Racing, a major winner in
Formula 3000 Grand Prix racing. The company has BREAKING NEWS just
released after-market. This means that for once, you won't be the last
to know.

BACKGROUND

Very few opportunities exist to invest in sports or athletic teams.
Formula Motor Sports (Grand Prix Racing) is the worlds most popular
sport with an enormous following and sponsorships of their multi-
continental race circuit. Formula 3000 grew out of the popularity of
Formula 1 racing. The circuit now boasts worldwide interest and
elite corporate sponsorship from companies like Coca-Cola.

                      <<  Breaking News  >>

=================================================================
    Grand Prix Sports Inc. Through Coca-Cola Nordic Racing
      Wins FIA Formula 3000 Team Championship for 2001

                               ***

          News/Assignment Editors & Sports Writers

IRVINE, Calif.--(BUSINESS WIRE)--Nov. 2, 2001--Grand Prix Sports Inc.
(OTC BB:GPRX) announced that it has won both the FIA Formula 3000
International Team Championship and Drivers' Championship for the
2001 season. Coca-Cola Nordic Racing secured the Team Championship
with two races remaining in the 2001 season and has set new team
records for the most podium appearances and team points of any team
since 1985. Appropriately, Coca-Cola Europe Ltd. has extended its
title sponsorship for Nordic Racing for an additional two years.

Coca-Cola Nordic Racing driver Justin Wilson also won the prestigious
Drivers' Championship while teammate Tomas Enge finished in a tie
for second place. Wilson became the first-ever British driver to win
the Drivers' Title and with a 71 point total, eclipsed the all time
single season points record previously held by Formula 1 driver Juan
Pablo Montoya. Enge missed the last F3000 race at Monza, Italy after
being chosen by the Prost Formula 1 team to replace the injured
Luciano Burti for the last three Formula 1 races. Enge successfully
competed in the Italian, American and Japanese Grand Prixes to
finish the Formula 1 season with Prost.

"Obviously, this is the utmost achievement in Formula 3000," stated
Team Principal, Derek Mower. "To win both of these titles is a
testament to the strength of our race team and the support of
sponsors like Coca-Cola and Conoco. Together, we're effectively
tapping into the enormous popularity of global motor sports."
Grand Prix Sports owns 40% of Coca-Cola Nordic Racing and is the
first publicly traded race team in the Formula world, allowing
fans of Formula racing, by and large the world's most popular sport,
the unique opportunity to "own" part of a race team.

The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. Certain information
included in this news release contains statements that are
forward-looking, such as statements related to the future
anticipated direction of the industry, plans for future expansion,
various business development activities, planned capital
expenditures, future funding sources, anticipated sales growth
and potential contracts. Such forward-looking information involves
important risks and uncertainties that could significantly affect
anticipated results in the future and, accordingly, such results
may differ from those expressed in any forward-looking
statements made by, or on behalf of Grand Prix Sports Inc.
These risks and uncertainties include, but are not limited to,
those relating to development and expansion activities,
dependence on existing management, financing activities,
and domestic and global economic conditions.

                             ###

[PLEASE FEEL FREE TO REVIEW THIS NEWS RELEASE IN ITS ENTIRETY HERE:
http://biz.yahoo.com/bw/011102/20247_1.html (Copy and paste link into
your browser)

FINANCIALS

GPRX has 61.5 million shares outstanding with a $46.74 million market
cap. The stock generally trades roughly 60,000 shares per day. The
high for the year was $2.56 (04/03/2001) and the low was $0.013
(11/08/2000).  A British investment bank, the Bauer Partnership,
invested $2 million in Nordic Racing after its win at Silverstone,
England in July.

ABOUT NORDIC RACING

Derek Mower is the team principal and founder, and formed Nordic
Racing in 1993. Mr. Mower has worked with such names as Fittipaldi
and Andretti to name a few.
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may contain forward looking statements relating to the expected capa-
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Investing in these securities mentioned is speculative and carries a
high degree of risk.


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