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--COMPANY PRESS RELEASE--


Press Pass® introduces NASCAR D3 Mini-Model Cards

Charlotte, NC. (February 10, 2003) -The latest innovation from Press Pass, Press Pass NASCAR D3 mini-model cards, will hit retail shelves beginning in early March. Press Pass NASCAR D3 cards are made of plastic and contain 18 punch-out parts that are assembled to create a 3-dimensional mini-model of a NASCAR Winston Cup Series race car. Assembled cars measure approximately two inches in length.

Twenty different drivers are represented in Press Pass NASCAR D3 Series 1 including Jeff Gordon, Dale Earnhardt, Dale Earnhardt, Jr., Jimmie Johnson, Rusty Wallace, rookie-of-the-year Ryan Newman, and defending Winston Cup Series champion Tony Stewart. Press Pass NASCAR D3 cars feature wheels that roll for added play value.

"We are excited to partner with the top teams in NASCAR to introduce Press Pass NASCAR D3's," explained Tom Farrell, Director of Marketing for Press Pass, a division of Racing Champions (NASDAQ: RACN). "Kids of all ages will enjoy assembling, collecting, and playing with these mini-models." Press Pass NASCAR D3 blister packs contain five different mini-model cards and carry an SRP of $2.99. NASCAR fans can find Press Pass NASCAR D3 blister packs at Wal-Mart, Target, K-Mart, Shopko, Toys 'R Us, and 7-Eleven, as well as other mass retailers and specialty toy and hobby stores.

Racing Champions (www.rcertl.com) is a leading producer and marketer of innovative collectibles and toys targeted at males of all ages. The Company's diverse product offering includes scaled die-cast replicas of John Deere agricultural equipment and NASCAR stock cars, other licensed vehicle replicas, pre-teen toys, sports trading cards, racing apparel and souvenirs, and collectible figures. These products are sold under the Company's market-focused brand names, including Racing Champions®, Ertl®, Ertl Collectibles®, American Muscle™, AMT®, W. Britain®, Press Pass® and JoyRide Studios™. The Company reinforces its brands and enhances the authenticity of our products by linking them with highly recognized licensed properties including NASCAR, NHRA, John Deere, Case IH, Polaris, Honda, Caterpillar, Ford, GM, Chrysler, Texaco, Warner Brothers, Gullane Entertainment, Nintendo, Sega and Electronic Arts. The Company's products are marketed through multiple channels of distribution, including mass retailers and specialty and hobby wholesalers and retailers, OEM dealers and to corporate accounts for promotional purposes. The Company sells through more than 20,000 retail outlets located in North America, Europe and Asia Pacific.


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