VELVET REVOLVER To Perform At PHOENIX INTERNATIONAL RACEWAY SPEED JAM

March 2, 2005

According to WhoWon.com, Target, XM Satellite Radio and Phoenix International Raceway announced today (March 2) that VELVET REVOLVER will perform at the Phoenix International Raceway Speed Jam event Saturday, March 19, following the IRL IndyCar Series XM Satellite Radio Indy 200 race. The concert will begin immediately following the race with an opening set by SILVERTIDE. The Speed Jam event will also feature the Indy Racing Fan Experience and an all-star lineup of motocross athletes.

"This will be the first concert held at Phoenix International Raceway and we're pleased to have such a talented group like VELVET REVOLVER performing for our fans," said Phoenix International Speedway president Bryan R. Sperber. "With the XM Satellite Radio Indy 200, Indy Racing Fan Experience, VELVET REVOLVER and motocross exhibition, everyone here will be in for an adrenaline-charged weekend."

Tickets for Speed Jam are available to the public for $20 and include admission into the IndyCar Series race on Saturday, March 19, along with admission to the concert and motocross events. Both events will take place outside the track near Turn Two following the race. Fans can order tickets to Speed Jam by calling 1-866-408-RACE (7223) and mention the promotional code: Target. Tickets also are available through the Phoenix International Raceway web site at www.phoenixraceway.com. The IndyCar Series XM Satellite Radio Indy 200 race will be nationally televised on ABC at 1 p.m. Mountain Standard Time and nationally broadcast on XM Satellite Radio.

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