CHAMPCAR/CART: Tim Mayer takes over International promotions

Tim Mayer named to head Champ Car World Series International efforts. INDIANAPOLIS, Indiana (January 24, 2003) - Creating the foundation for a key aspect of the strategic business plan of the Champ Car World Series, CART President and CEO ...

Tim Mayer named to head Champ Car World Series International efforts.

INDIANAPOLIS, Indiana (January 24, 2003) - Creating the foundation for a key aspect of the strategic business plan of the Champ Car World Series, CART President and CEO Christopher R. Pook announced today the appointment of Timothy A. Mayer, Managing Partner of G3 Communications, Inc. to head up CART international operations and development.

Mayer, who most recently was CART's Vice President of Promoter Operations, will head up the operation of 2003 Champ Car events at Brands Hatch, England and at Eurospeedway Lausitz. In addition Mayer will oversee CART's relationship with the Lexmark Indy 300 at Surfers Paradise, Australia along with the development of other overseas events, CART's relationship with international sporting authorities and CART's international television.

"While the North American region is the core of what Champ Car is about, our strategy going forward has to recognize that Champ Car is a global brand," Pook said. "With Tim's appointment, for the first time, CART is recognizing that we need to dedicate someone of Tim's experience to that mission."

The announcement of Mayer's new appointment comes in conjunction with a list of new promotions and duties within Championship Auto Racing Teams, all of which will be detailed in a forthcoming release.

Mayer's background includes six years developing overseas markets with the Champ Car series, including organizing the race in Rio de Janeiro, and producing coverage of the Champ Car series on Brazilian television. Joining CART in 1998, Mayer first took over administration of the Racing Operations division, then moved to head up Promoter Operations. Returning to run his own company, G3 Communications, Mayer is now taking over the international operations and development portfolio and will report directly to the company CEO.

"The Champ Cars are widely recognized for the incredible quality of the racing. I am very excited to be able to work with Chris Pook and all of the Champ Car team to deliver this great brand worldwide," said Mayer. "I am also very pleased at the continuing confidence that Chris has shown in me in assigning me to this very important strategic goal of the company."

Championship Auto Racing Teams, Inc. (NYSE: MPH) owns, operates and markets the 2003 Bridgestone Presents The Champ Car World Series Powered by Ford. 2002 CART champion Cristiano da Matta led a list of open-wheel stars this past season competing with teams such as Newman/Haas Racing, Player's/Forsythe Racing, Team Rahal, Fernandez Racing, Patrick Racing, Herdez Competition, Walker Racing and others. 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, FOX 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.cart.com.

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Series IndyCar
Drivers Chris Pook , Cristiano da Matta