PHOENIX REAL ESTATE COMPANY WINFIELD LEE INVESTMENTS & DEVELOPMENT SPONSORS “RACING FOR CHILDREN” CHARITY DRIVE

Phoenix, AZ - May 28, 2005: Real estate development company Winfield Lee Investments & Development of Scottsdale, Arizona has joined with American race car driver Peter Olson to sponsor his ‘racing for children’ efforts for the Christian Children’s Fund, in his upcoming Formula RT/2000 races at the famous Lime Rock racetrack in Northwestern, Connecticut July 15 and 16, 2005. Olson is the only American driver currently competing in the prestigious 175mph China Formula Renault race series, which is watched by more than 100 million live television viewers in mainland China.

Formula RT/2000 cars reach speeds of more than 130mph and accelerate from 0-60mph in less than five seconds. The cars generate more than 2.0g’s of cornering force [In-car video: www.peteolson.com/LagunaSeca.htm].

The formula 2000 race weekend is part of the exciting Skip Barber Eastern Regional Championship race series.

Olson said “I think it’s great that Winfield Lee has joined in to support this drive to generate publicity for the Christian Children’s Fund. I think it really shows what this firm is all about through its support of such a famous international charity. I have been promoting CCF for some time now in races throughout the United States and Asia in Formula 2000 and Formula Renault. Winfield Lee’s support for my ‘racing for children’ efforts is helping me to continue to generate valuable publicity for CCF through the unique venue of professional auto racing.”

CCF International, one of the largest and most well-respected charities in the world, is an international organization whose members provide assistance to more than 8 million impoverished children and families in more than 54 countries. As a private nonsectarian organization, the Christian Children's Fund provides help to needy children regardless of race, gender or religion. Christian Children's Fund sponsored children are provided with such basics as education, food, clothing, shelter and health care, and thanks to the relationships they develop with their sponsors and the Christian Children's Fund workers in their area, they enjoy the healing benefits of loving attention (www.ChristianChildrensFund.org).

For more information contact:

Peter Olson

Olson Motorsports, LLC

Taipei, Taiwan R.O.C.

Tel: + 886 9 3567 8609

Email: Pete@PeteOlson.com

Website: www.peteolson.com

Peter Nelson
President
Winfield Lee Investments & Development
8755 East Bell Road, Suite #101
Scottsdale, AZ 85260
480-905-4289 Phone
480-905-0077 Facsimile

Email: Vedenlov@msn.com

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