CHAMPCAR/CART: Champ Car announces new partnership

Bombardier Skyjet signs partnership deal with Champ Car World Series. INDIANAPOLIS (February 18, 2003) - Officials from Champ Car announced today that Bombardier Skyjet has signed on as the "Preferred Private Aviation Solution" of Champ Car and...

Bombardier Skyjet signs partnership deal with Champ Car World Series.

INDIANAPOLIS (February 18, 2003) - Officials from Champ Car announced today that Bombardier Skyjet has signed on as the "Preferred Private Aviation Solution" of Champ Car and the Bridgestone Presents The Champ Car World Series Powered by Ford.

"Private aviation is an important need for many members of the busy Champ Car community and Bombardier Skyjet will play a strategically important role," said Bombardier Skyjet Director of Marketing Angela Ferragamo. "The Champ Car World Series, with its venues not only in the United States, but also in Canada, Mexico, England, Germany and Australia, is appealing to Bombardier as a world-leading company in business aviation and transportation. We also plan to play host to a number of customers at many of these exciting venues. In addition, Bombardier Skyjet will provide tailored Premier Fleet block hour jet membership packages exclusively for the Champ Car community, and will host and sponsor Champ Car's Business to Business forums."

Bombardier Skyjet, founded in 1997, is the premier real-time reservation system for booking business jets. Simply by calling 1-888-2-SKYJET or going to www.skyjet.com, customers will have access to a network of independently audited operators that meet the highest standards for safety and are the best in the industry. Since becoming a division of Bombardier Aerospace in 2000, Bombardier Skyjet has distinguished itself with strong growth, innovative product offerings and service excellence. The new Bombardier Skyjet Premier Fleet jet membership program offers blocks of flying time with a guaranteed rate and free repositioning. It is the only jet membership program to offer credit toward fractional or whole aircraft ownership.

"This new relationship with Bombardier Skyjet adds new depth to the Champ Car World Series," said Champ Car Vice President of Marketing Steve Fusek. "We are happy to welcome Bombardier into our ever growing family of blue-chip companies that recognize the benefits of our unique marketing platform. They are a natural fit with our business and their line of customized aviation solutions will assist us in meeting the domestic and international travel needs of Champ Car personnel and other valued business associates."

Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design and manufacture of innovative aviation products, including the world-famous Learjet, for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet fractional ownership and management, technical services, aircraft maintenance and pilot training for business, regional airline and military customers.

Bombardier Inc., a diversified manufacturing and services company, is a leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. Headquartered in Montréal, Canada, the Corporation has a workforce of some 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended January 31, 2002 stood at $21.6 billion Cdn. Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).

Championship Auto Racing Teams, Inc. (NYSE: MPH) owns, operates and markets the 2003 Bridgestone Presents The Champ Car World Series Powered by Ford. Veteran racing teams such as Newman/Haas Racing, Player's/Forsythe Racing, Team Rahal, Patrick Racing and Walker Racing will compete with many new teams this year in pursuit of the Vanderbilt Cup. CART Champ Cars are thoroughbred racing machines that reach speeds in excess of 200 miles per hour, showcasing the technical expertise of manufacturers such as Ford Motor Company, Lola Cars, Reynard Motorsport and Bridgestone/Firestone North American Tire, LLC. The 19-race 2003 Bridgestone Presents The Champ Car World Series Powered by Ford will be broadcast by television partners CBS and SPEED Channel. CART also owns and operates its top development series, the Toyota Atlantic Championship. Learn more about CART's open-wheel racing series at www.champcarworldseries.com.

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Series IndyCar