TARGET WAVES THE GREEN FLAG FOR CHICAGO MOTOR SPEEDWAY Discount retailer to sponsor inaugural CART race on Aug. 22, 1999 November 19, 1998, CHICAGO -- Chicago Motor Speedway (CMS) revved into action today, announcing Target Stores as the...
TARGET WAVES THE GREEN FLAG FOR CHICAGO MOTOR SPEEDWAY
Discount retailer to sponsor inaugural CART race on Aug. 22, 1999
November 19, 1998, CHICAGO -- Chicago Motor Speedway (CMS) revved into action today, announcing Target Stores as the title sponsor of its inaugural auto race, the Target Grand Prix. A racecar, capable of speeds in excess of 240 mph, cruised down Chicago's busy LaSalle Street, ushering in the new era of Chicago sports. The Target Grand Prix, scheduled for August 22, 1999, will be the 15th race of Championship Auto Racing Team's (CART) 20-race 1999 FedEx Championship Series.
"We're thrilled to be working with Target to make Chicago's first taste of open wheel racing an exciting, memorable experience," said Chicago Motor Speedway Chief Executive Officer Ed Duffy. "Target has demonstrated a strong commitment to the Chicago area and to Champ car racing throughout the past decade. We are excited to have such an experienced and dedicated partner for our inaugural race."
Target, with 35 stores in the Chicago area, has served as primary sponsor of CART's Target/Chip Ganassi Racing team since 1990. Team Target drivers Alex Zanardi and Jimmy Vasser claimed the series' top two spots in 1998 and earned the team's third consecutive CART championship (Vasser won in 1996 and Zanardi won in 1997 and 1998). Other top drivers in the series include Michael Andretti, Al Unser Jr. and Dario Franchitti. "Target is truly a championship organization," said Chip Ganassi, Target/Chip Ganassi Racing Owner and Chicago Motor Speedway Co-owner .
"I'm excited to work with them on the Target Grand Prix to give Chicago its first glimpse of the fastest racing series in the world.
Construction on the racetrack continues every day to get ready for great wheel-to-wheel racing action with speeds of 200 mph."
Representatives from Sportsman's Park and Target/Chip Ganassi Racing announced last April that they would team up to develop the state-of-the-art, 67,000-seat Chicago Motor Speedway. The new venue will feature a one-mile auto racing oval and a seven-furlong horse racing track. Chicago Motor Speedway at Sportsman's Park will be only the second complex in the country to host both horse and auto racing. Dover Downs in Delaware was the first.
"Sports fans in Chicago are in for a real treat next August," said Regional Vice President of Chicago-area Target Stores Ginger Chase.
"Target is proud to expand its role in the CART series and is looking forward to bringing its winning ways to the Windy City."
Fans can order tickets to the inaugural Target Grand Prix by calling the CMS ticket office (773) 242-CARS.