HEY, T-5 and T-6 finally have a new home!

[Glenn 787]

Indianapolis, Indiana: Precision Performance Engineering, LLC (DBA) U-5 Racing, a second year unlimited hydroplane team that finished fifth in National High Points in 2005 has entered into an agreement with Lakeland, Florida based Hydroplanes, Inc. to purchase a significant amount of the remaining assets of the Miss Budweiser racing team including the two newest hulls known as the T-5 and T-6 and supporting racing equipment. The addition of the two new hulls brings the team to three including the boat raced in 2005. The team plans to race two of the three boats at all seven events in the 2006 American Boat Racing Association Unlimited Hydroplane Series. The U-5 team will once again be sponsored by Formula Boats of Decatur, Indiana, a nationally recognized manufacturer of quality recreational powerboats. Mike Weber will return as the driver of the U-5 / ,formulaboats.com, as well as taking on the additional responsibility of team manager for both teams. The second boat will be the registered as the U-7. Driver and sponsorship information is undecided at this time. Precision Performance Engineering, LLC also of Decatur, acquired the U-5 racing team from former owner Chad Sanderson of Auburn, Indiana last month. The teams will be based in Decatur. For more team information during the 2006 season go to www.U-5racing.com.