Forsythe Teams Up With McDonald's
December 11, 1998) - Owner Gerald Forsythe today announced the creation of the McDonald's Champ Car Team, which will compete in the Championship Auto Racing Team's FedEx Championship Series beginning with the 1999 season.
"We are extremely proud to have formed a strategic partnership that brings McDonald's into Champ Car racing while allowing our operation to expand," Forsythe said. ``The global profile that will come with this team will be great for everyone involved, McDonald's, the series and our associate sponsors."
CART President and CEO Andrew Craig said: ``I can't tell you how pleased I am to have a company of such international magnitude and prestige as McDonald's on board in Champ Car racing. The FedEx Championship Series is the premier open-wheel racing category in North America, and also boasts a growing international presence both in television and through our races in Australia, Brazil, Canada and Japan. We are looking forward to working with McDonald's to maximize the benefits of the sponsorship for all involved.''
The technical package to be used by the new team, as well as a driver and other details, will be announced shortly.
Gerald Forsythe has been involved with Champ Car racing since 1983. In addition to the new partnership with McDonald's, the Forsythe racing empire includes Player's/Forsythe Racing, a two-car Champ Car effort with drivers Greg Moore and Patrick Carpentier. Player's/Forsythe Racing also competes in the KOOL/Toyota Atlantic Championship, and won the series title in 1998 with driver Lee Bentham. Forsythe is a director and limited partner in British American Racing in the FIA Formula One World Championship. He also is a partner with fellow CART owner Frank Arciero Sr. in the new Yuba County Motorplex near Sacramento, Calif.
Outside of racing, Forsythe serves as Chairman and CEO of the Indeck Group of Companies, a world leader in the design, construction and operation of state-of-the-art power facilities and power equipment.
McDonald's is the world's largest and best-known global foodservice retailer, with more than 23,300 restaurants in 111 countries. Approximately 85 percent of McDonald's U.S. restaurants are owned and operated by independent franchisees.
Source: CART Online