The following Championship Auto Racing Teams statement is in regard to legal action filed Tuesday, May 8 by Texas Motor Speedway:

CART has learned that a legal action has been filed against it by Texas Motor Speedway. Apparently the complaint stems from CART's postponing of the Firestone Firehawk 600 April 29 in Fort Worth, Texas due to CART's concerns for the unprecedented physical demands placed upon its drivers.

CART finds it curious that Texas Motor Speedway apparently has decided that focussing its energies in a lawsuit against CART for hyperimaginative damages is more important than accepting the seriousness of the driver safety issues raised at its track. In fact, Texas Motor Speedway's legal action seems to belie its own statements immediately after the race was postponed. In a press release issued April 29, a Speedway executive was quoted as saying, "Driver safety is the number one concern for everyone. There are certainly enough tragedies in our sport and nobody wants anyone to get hurt."

Naturally, CART intends to defend itself against this counterproductive and meritless action and believes it will prevail. CART also believes any legal action that trivializes driver and fan safety must be defended against at any cost.