Courtesy of CART Online
CART Online (December 9) -- Federal Express has joined CART as the new title of FedEx Championship Series, but long-time CART backer and former series title sponsor PPG will remain an important part of the organization's sponsorship family. PPG will continue to provide the prestigious PPG Cup to the annual winner of the FedEx Championship Series in addition to contributing to the year-end prize fund.
PPG joined CART full time in its second season of operation in 1980 as title sponsor of what was then a 12-race championship contested primarily in North America. In 1998, the FedEx Championship Series will feature 19 races in five countries on four continents.