BRASELTON, Ga. (April 26, 2002) -- The American Le Mans Series has canceled the event it had planned to run on Nov. 3 at the Sepang International Circuit in Malaysia. The event will not be rescheduled.

"After numerous inquiries concerning the promotion and staging of the race went substantially unanswered, the difficult decision was made to cancel the event," said Scott Atherton, President and COO of the Panoz Motor Sports Group.

"While we regret having to make this decision, we felt it prudent not to commit the resources of our commercial partners and teams without receiving reasonable confirmation from our promoter of its ability to successfully stage the event," he said.