Environmentally Friendly F4 100 Racing Fuel Becomes The Official Fuel For Baby Grand Stock Car Association

Business Wire, Jan 10, 2003

Business Editors & Automotive Writers

SAN DIEGO--(BUSINESS WIRE)--Jan. 10, 2003

Green Star Products, Inc. (OTC: GSPI) announced that an associated company's fuel, F4 100 Racing Fuel, has become the official fuel for the Baby Grand Stock Car Association.

The F4 100 Racing Fuel was chosen because "dynamometer testing of the F4 Racing Fuel on a Yamaha XJR1300 engine exhibited an increase of over 10% in horse power and ran cooler when tested against other leading racing fuels," said Lee Minton, General Manager of F4 Racing Fuels. He further stated, "F4 Racing Fuels markets only unleaded, environmentally friendly racing fuels, which have a high octane rating of 100 and 110 octane. Most racing fuels still contain significant amounts of lead."

For further information about F4 Racing Fuels, visit the company's website at http://www.f4racingfuels.com, write to F4 Racing Fuels at P.O. Box 1353, Owensboro, KY 42302, call 270/274-5136, or send e-mail to mintonms@bellsouth.net.

Baby Grand Stock Cars are quality-built, 2/3-scale replicas of a Winston Cup stock car. Each car's weight of approx. 1,250 lbs., combined with the responsive Yamaha engine, produces a 10:1 power to weight ratio. Baby Grands have an authentic appearance, are safe and simple to operate and maintain, and are much more convenient to own for first-time racers.

Baby Grands use the new Yamaha XJR1300 engine, and when this power plant is combined with the Winter's Quick Change rear end, the Baby Grands can achieve speeds exceeding 140 mph while remaining one of the safest scale cars in production.

The 2003 Baby Grand Racing Series is a 40-week racing season with up to 300 cars in participation at more than 80 paved tracks across the U.S and western Canada. Racing is divided by geographic regions, but several National Events are scheduled throughout the year.

For more information, contact Baby Grand Mfg, Inc., P.O. Box 649, Marshfield, MO 65706, call 417/859-6685, send e-mail to racing@babygrandracing.com, or visit their website at http://www.babygrandracing.com.

The long-term plans for F4 Racing Fuels are to expand its sales in other racing circuits (now in negotiations) and also into the aviation gas market, which presently also has a need for the same type of high-performance, high-octane unleaded fuel.

GSPI has a 60% equity position in F4 Racing Fuels through its ownership position in Green Star Ethanol Production, LLC. See press release dated November 5, 2002.

Green Star Products, Inc. is organized as a holding company with major ownership positions in a set of environmentally friendly subsidiary companies now commercializing advanced automotive and energy technology products.

For more information, see GSPI's Web site at http://www.baat.com or call Investor Relations, 619/409-8977, 619/409-9598 fax, or email info@baat.com. Information about trading prices and volume can be obtained at several Internet sites including http://www.bloomberg.com under the ticker symbol "GSPI."

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic filings with the Securities and Exchange Commission.