IPS: IRL: Infiniti 2003 changes announced

June 14, 2002 -- The Infiniti Division of Nissan North America, Inc. announced today that it will concentrate its 2003 Indy Racing League program in the new Infiniti Pro Series, which begins competition later this season. Infiniti will...

June 14, 2002 -- The Infiniti Division of Nissan North America, Inc. announced today that it will concentrate its 2003 Indy Racing League program in the new Infiniti Pro Series, which begins competition later this season.

Infiniti will discontinue providing engines to the Indy Racing League at the conclusion of the 2002 season. Infiniti will continue to support the League program for the balance of this season.

Infiniti has valued its association with the IRL, especially in its role as an engine builder during the launch of the series. Infiniti began providing engines to the series in 1997. This decision was made after a careful review of Nissan's motorsports program and the corporation's goals under NISSAN 180.

Infiniti is committed to the NISSAN 180 Plan that will keep the company on the path to lasting profitable growth on a global basis. As we move ahead with the NISSAN 180 plan, we must focus on our core business - developing and marketing new cars and trucks. In prioritizing future marketing expenditures, Infiniti's highest priority will be to support the launch of several new vehicles planned for the Infiniti Division.

We will continue to support motorsports activities that feature our products, like the new Infiniti Indy Pro Series Program. This program allows us to supply stock Q45 engines to TWR who will make racing modifications and sell the engines to race teams competing in the series. Supplying production Q45 engines for use in this series aligns well with our marketing goals and supports the broader goals of the NISSAN 180 plan.

Infiniti has benefited from its IRL experience and is proud to have been a factor in the growth of the IRL since its inception. We wish the best for the series organizers and race teams.

-infiniti-

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Series IndyCar , Indy Lights