American Le Mans Series To Financially Reward Racing Teams Through New Competition Incentive Plan BRASELTON, Ga. (February 8, 2002) -- Racing teams that contest the entire American Le Mans Series schedule in 2002 will be financially rewarded ...
American Le Mans Series To Financially Reward Racing Teams Through New Competition Incentive Plan
BRASELTON, Ga. (February 8, 2002) -- Racing teams that contest the entire American Le Mans Series schedule in 2002 will be financially rewarded as part of a new system designed by the sports car racing series.
The Competition Incentive Plan (CIP) has been created to reward teams that commit to running all 10 races of the series for 2002 and will be open to qualified privateer and factory teams. The new CIP system will be administered by IMSA, the sanctioning body for the American Le Mans Series.
"We feel that the American Le Mans Series schedule for 2002 is one of the strongest in the history of road racing in North America," said Dennis Huth, President of IMSA. "Racing teams in North America and abroad are planning their 2002 seasons based on not only the strength of the schedule but also the rules stability and overall strength of the series.
"We felt that the time was perfect for instituting a system for rewarding teams that commit to running every race," he said.
Eligible teams at the start of the 2002 season will include those which finished in the top six in one of the four class point standings of the 2001 ALMS season and meet other selection criteria. The CIP will have a selection committee that consists of Huth, IMSA Executive Director Doug Robinson and George Bruggenthies, the general manager of Road America, one of the host racing circuits for the ALMS in 2002.
Teams participating in the CIP will sign agreements stating that they will compete in all 10 events on the 2002 ALMS schedule. For contesting the series, the team will receive cash rewards after every event that are not part of the regular race payoff, provided that it enters the event, qualifies and competes. The 2002 American Le Mans Series season begins March 16 with the 50th annual Mobil 1 Twelve Hours of Sebring, presented by Dodge, at Sebring (Fla.) International Raceway.