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Chip Ganassi Racing and Energizer
Extend Partnership

Chip Ganassi Racing Teams, Inc. Press Release - 9/07/2007

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No.40 to Feature Energizer Paint Scheme for Select Races in '07

Chip Ganassi Racing Teams, Inc. (CGR), and Energizer Holdings, Inc.

Chip Ganassi Racing Teams, Inc. (CGR),
and Energizer Holdings, Inc.

CONCORD, N.C. - Chip Ganassi Racing Teams, Inc. (CGR), and Energizer Holdings, Inc. announced today a multi-year extension to their long-lasting relationship that dates back over a decade. Energizer will continue to showcase its brand as a major associate sponsor on the No. 41 Target Dodge driven by Reed Sorenson in the NEXTEL Cup Series and both Target Chip Ganassi Racing (TCGR) entries in the IndyCar Series driven by current championship contender (second place) and past champion Scott Dixon and 2005 Indianapolis 500 winner and series champion Dan Wheldon beginning with the start of the 2008 racing season.

"We're thrilled to continue our long-lasting partnership with Target Chip Ganassi Racing." said Jeff Ziminski, Chief Marketing Officer, Energizer Battery. "Both Energizer and TCGR share an ongoing commitment to quality and innovation. It's an honor to extend our pursuit of excellence with an outstanding organization like TCGR."

In addition to the sponsorship extension, the No. 40 Dodge driven by David Stremme in the NEXTEL Cup Series will feature a special Energizer paint scheme in the upcoming events at Richmond International Raceway (RIR) on Sept. 8, New Hampshire International Raceway on Sept. 16 and Kansas Speedway on Sept. 30. The paint scheme will highlight not only the Energizer® e2® Lithium brand, the World's Longest Lasting Battery in High Tech Devices, but a successful, 12-year partnership between CGR and Energizer that keeps going and going.

"I'm very pleased to announce we are continuing our partnership with Energizer," said Team Owner Chip Ganassi. "Our team is about building mutually beneficial and long-lasting relationships, and I can't think of a better example than the one we've formed with Energizer. I'm proud to be associated with such a respected organization and I look forward to many more successful years together."

This weekend's event at RIR featuring the Energizer® e2® Lithium paint scheme is set to go green at 7:30 p.m. ET and will air live on ABC.

About Energizer

Energizer Holdings, Inc., [NYSE: ENR], headquartered in St. Louis, Missouri, is one of the world's largest manufacturers of primary batteries, battery-powered devices and flashlights. Energizer, a global leader in the dynamic business of providing portable power geared toward the new digital age, offers a full portfolio of products including, the Energizer® MAX® premium alkaline brand; Energizer® e2® Lithium® and Energizer® e2® Titanium Technology® performance brands; Nickel Metal Hydride (NiMH) Rechargeable batteries and chargers; and miniatures brand batteries.

The Energizer product line also includes specialty batteries for hearing aids and medical devices, as well as for keyless remote entry systems, toys and other uses. Through its flashlight unit, Energizer brings innovation to this important household device. Energizer continues its role as a technology leader as it launches Energizer® Energi To Go®, portable battery-driven power packs for cell phones.

About Chip Ganassi Racing with Felix Sabates

With 13 wins already in 2007, including the company's best stretch in history with six victories in 30 days, CGRFS continues to add to its tally of 89 trips to victory lane. Chip Ganassi created his own one-car IndyCar team in 1990 and established a partnership with a new sponsor, Target. Today, his teams include two IRL IndyCars, one Indy Pro Series car and along with Felix Sabates he has three cars in the NASCAR NEXTEL Cup Series, two entries in the NASCAR Busch Series and two Daytona Prototypes in the world of Grand American Rolex Sports Car Series racing. Ganassi's IndyCar teams have amassed five Championships and 56 wins since 1994; his NASCAR teams have 12 wins and a Rookie-of-the-Year title; and the Grand American team has won two of the last three Rolex Series Daytona Prototype Championships and are the two-time defending Champions of the Rolex 24 At Daytona. Chip Ganassi Racing operates out of state-of-the-art race shop facilities in Indianapolis, Ind., and Concord, N.C., with a corporate office in Pittsburgh, Pa.

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