Starting 10th at Canadian Tire Motorsports Park, Guy Cosmo pushed the No. 02 Extreme Speed Motorsports Ferrari 458 GT to its rightful position at the front of the GT class in the American Le Mans Series presented by Patrón Mobil 1 Grand Prix of Mosport. However, leading for 34 minutes of the two-hour and 45-minute race wasn't enough to overcome the teams race strategy.

“It was a good run," said Cosmo following the race. "We knew we were gambling with our strategy a little bit.  We might have made the wrong call ultimately but we did lead for a while.  We showed that the No. 02 Tequila Patrón Ferrari was repaired (from the Lime Rock damage) well and quite fast."

What works one week, doesn't necessarily work in another.

"Ed got in and he did a really good job," added Cosmo. "We just got caught out in the strategy. We should have pitted earlier and didn’t.  The strategy worked last race because we were in fourth with 10 minutes to go. Take the contact out of it and the strategy worked perfect for us.  We tried it here again. The flow of the race was different; there were a lot of yellows this time.  It just didn’t pan out the same way."

Cosmo's teammates in the No. 01 Patron Ferrari faired much better on the day. After finishing the race second, the No. 45 Flying Lizards car was disqualified on a technical infraction advancing Scott Sharp and Johannes van Overbeek to race winners in the GT division. It was Extreme Speed Motorsports' first win in the American Le Mans Series.

"I’m really happy for Johannes and Scott," said Guy observing his teammate's win. "They fought so hard to get their Ferrari near the top and in the end, it worked out for them.  The 01 and the 02 were the cars to beat today.  I’m glad to see they are getting the acknowledgement for the race win.”

“Both our Ferraris were better on the longer runs," said Guy. "Our car was really good, the Michelins were great.  We had a little trouble with all the yellows getting the tires up to temperature, but once we did our car was phenomenal.  We were clearly one of the best cars out there at the end of the stint on the tires.”

With Mid-Ohio just 10 days away, the team is happy to have both cars undamaged and ready to go racing needing only the basic prep.

“We know we have a good, clean, undamaged, fast race car to head into Mid-Ohio," added Guy. "Wins and podiums for both cars are coming – for sure.”

The next round of the American Le Mans Series presented by Tequila Patrón is the Mid-Ohio Sports Car Challenge. The sixth round of the 2012 championship is set for 1 p.m. ET on Saturday, Aug. 4 from Mid-Ohio Sports Car Course. ABC’s broadcast featuring live coverage begins at 2 p.m. ET.

Guy Cosmo, 2005 American Le Mans Series Rookie of the Year drives the No. 02 Extreme Speed Motorsports Patrón Ferrari. Cosmo is a race record-holder at Mid-Ohio (for fastest lap in the GTC series, which he set in 2009 in the Porsche 911 GT3 Cup). Cosmo has 38 starts in the American Le Mans Series, finishing in the top-five 18 times and has been on the winner’s podium twice. In addition to being an accomplished driver, Cosmo is also a highly sought-after driving instructor. You can find out more about Guy Cosmo at or follow Guy through the racing weekend on Twitter @guycosmo and on Facebook.

The American Le Mans Series presented by Tequila Patrón is the world`s leading sports car championship and is recognized as the Global Leader in Green Racing. In the tradition of the 24 Hours of Le Mans, multiple classes of cars - purpose-built prototypes and production-based Grand Touring automobiles - race on the track at the same time to create compelling race action and constant passing. All cars in the Series compete using one of five approved alternative fuels or energy sources: clean sulfur-free diesel, cellulosic E85 or E10, Isobutanol and electric hybrid technologies. The Series has more automobile marques involved than any other major race series in the world as manufacturers develop relevant technologies on track that transfer directly to the customer showroom. The ALMS competes at North America`s premier road racing tracks and selected temporary street circuits in major urban markets.