Loveland, CO – The hard-fought fourth place earned in the Mobil 1 12 Hours of Sebring was a great debut for JDX Racing. However, there was no time to celebrate as the #11 Porsche GTC machine needed preparation for the April 16th Long Beach, California street race, a venue that tests the mettle of any team.

JDX Racing is proud to introduce a new commercial partner this weekend – Petropavlovsk PLC.

Petropavlovsk PLC is the third largest gold mining company in Russia, with 2011 expected production of 600,000 ounces (c. US $840 million). Traded on the London Stock Exchange and as an American Depository Receipt managed by Bank of New York, Petropavlovsk PLC is globally recognized for their commitment to performance, sustainability, environmental responsibility and best mining practices.

Peter Hambro, Chairman / Co-Founder commented, “Petropavlovsk PLC is a leader in low-cost, high-yield, sustainable gold mining and JDX Racing is emerging as a leader in ALMS GTC racing. The blend of our two companies, combined with the global interest of the American Le Mans Series, creates an international reach that is important to a company like ours.”

Debuting at Long Beach, the #11 JDX Racing Porsche GTC, with the help of JDX Racing partner Trick Technologies, will appear as if dipped in pure gold.

JDX Racing team owner Jeremy Dale said, “I am very pleased to welcome Petropavlovsk PLC as a partner to JDX Racing and to the American Le Mans Series. We are excited to show off our striking new gold livery to the capacity crowds at Long Beach. Our Porsche is going to shine as bright as the California sun and deliver a unique “wow” factor I’m sure race fans will find unforgettable.”

Hambro added, “What particularly attracted us to this sponsorship was the innovative showcase of our principal product; pure gold. The Petropavlovsk Porsche will bring real brilliance to Long Beach. We hope to see our golden GTC lead the class, just as gold itself has outperformed money as a safe investment haven in these economic times.”

In addition to its commercial news, JDX Racing has been working tirelessly to enhance its chassis setup and to shave time off pit stops. In a short, two-hour race like Long Beach, starting up front on the grid and spending less time in the pits will be key to a successful weekend.

Lead driver Nick Ham spoke, “The narrow track, tight corners and long straights combined with a 30-car field are going to make for some very intense racing this weekend. I’m really looking forward to wheeling this incredible new livery through the streets and with some work and a bit of racing luck, to a podium finish.”

The American Le Mans Series takes to the streets of Long Beach on Saturday for a 2-hour race with the green flag at 4:30 PM PST. The Long Beach American Le Mans Series event can be seen live on ESPN3.com, starting at 4:15 PM PST, Saturday, April 16. The race replay will air on ESPN2 at 2 PM PST, Sunday, April 17. Viewers outside the United States can watch all qualifying and racing live, free of charge, at www.americanlemans.com.

About JDX Racing: Founded in 2008 and based outside of Denver, CO, JDX Racing represents the very best in professional motorsports. As part of the American Le Mans Series, JDX Racing competes in 9 events throughout North America. JDX Racing 2011 is a one-car team featuring world-class drivers, outstanding crewmembers and progressive marketers from Champ Car, IndyCar, NASCAR, Trans-Am and the ChampCar Atlantic Championship series. For more information, please visit www.jdxracing.com

About Petropavlovsk PLC: One of the largest gold producers in Russia, Petropavlovsk has operated there since 1994, demonstrating its ability to develop assets from ‘greenfield sites’ through to successful world-class producing mines. The Group’s third gold mine, Malomir, was commissioned in August 2010. This key strength has driven year-on-year production growth and the Group’s rapid expansion. Petropavlovsk PLC is listed on the Main Market on the London Stock Exchange with a market capitalization of $US 3 Billion and also traded via an American Depository Receipt, managed by the Bank of New York. For more information, please visit www.petropavlovsk.net