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K&N ENGINEERING BECOMES PRESENTING SPONSOR OF SILVER CROWN SERIES

January 22, 2006...AVONDALE, Ariz. - K&N Engineering of Riverside, Calif., a leading innovator of filters in the automotive industry, has signed on as the presenting
sponsor for the USAC Silver Crown Series and as the official oil and air filters of USAC, effective today.

The two-year agreement extends through the 2007 season and includes contingency and year-end award postings.

"We're very happy that after three years as a sponsor that K&N has stepped up its program and become the presenting sponsor for the USAC Silver Crown Series," said Steve Farmer, USAC's National Director of Sales and Marketing. "We look forward to building an even longer lasting partnership with K&N as we build the program for future expansion."

Added Charles Maier, K&N Engineering Director of Sports Marketing: "The USAC
organization is the best place for grassroots racing, which encompasses the majority of our customer base, at least that's the way we see it. Our company employs several grassroots racers, so it's something that we're part of. It seems a natural fit to be the presenting sponsor of the Silver Crown Series and an official sponsor of USAC."

K&N Engineering is the inventor and leading innovator of reusable cotton gauze filter technology for automotive applications. From humble beginnings as a family run business over 35 years ago, K&N Engineering continues to exist as a family-owned business with an enthusiast mindset and a direct connection with motor sports that carries over throughout all levels of management and manufacturing.

Today, K&N exists as both the sales and brand leader for performance filters, and maintains a stocking catalogue of over 3,500 part numbers, including an extensive line of both factory replacement drop-in filters, Fuel Injection Performance Kit applications, and its line of innovative Performance Gold oil filters.

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