AlgoDyne Ethanol Energy Corp. ("AlgoDyne" or the "Company") (OTCBB:ADYN) is sad to announce that Colin McRae, driver for the AlgoDyne Green Racing Team / X-Raid Team, died in a tragic accident on Saturday afternoon.
Mr. McRae, an accomplish driver and the team's latest signing for the 2008 Dakar Rally, died in a helicopter accident close to his country home in Scotland. He was piloting the Squirrel craft in an incident which also claimed the life of his five-year old son Johnny, one of Johnny's close school friends and one of Colin's own school friends.
Colin joined the X-Raid Team mid through this year and planned to tackle the 2008 Dakar Rally with Swedish co-driver Tina Thorner in a Trebur-built BMW X3 CC. He had already taken part in the Baja Spain in July in a BMW X3 CC and was to tackle the UAE Desert Challenge in Dubai in November.
Colin was known around the world for his aggressive, attacking style and the X-Raid Team was highly excited at the opportunity of working with him for the remainder of this season and during the 2008 Dakar Rally. He was always prepared to take risks to achieve his goal and his flair made him popular with rally fans the world over. He was arguably the quickest driver of his generation.
"Colin McRae was a great friend to our company. He was a dynamic driver with a sense of living life to its fullest," says Richard Von Raffay, President. "He was a much loved competitor, a great driver and devoted father who loved his family. We share in his family's grief having lost such a wonderful person from all our lives."
Colin McRae became a household name away from the special stages, by putting his signature to a series of computer games licensed with his name. The success of his name was an enormous asset to bringing the sport of rallying to the mass market.
About AlgoDyne Ethanol Energy Corp.
AlgoDyne is a corporation committed to developing initiatives in eco-energy world wide. Its focus is to create a portfolio of three primary activities (raw materials, wholesale/manufacturing, and retail) in the ethanol and biodiesel industries.
