IRL: Mo Nunn Racing to field Giaffone entry

Mo Nunn Racing To Run Hollywood-Sponsored IRL Entry In 2002 And Field Two Entries at the 2002 Indy 500 INDIANAPOLIS (Oct. 19, 2001) - Mo Nunn Racing announced today that it will own and operate one full-time entry in the Indy Racing League ...

Mo Nunn Racing To Run Hollywood-Sponsored IRL Entry In 2002 And Field Two Entries at the 2002 Indy 500

INDIANAPOLIS (Oct. 19, 2001) - Mo Nunn Racing announced today that it will own and operate one full-time entry in the Indy Racing League starting in 2002. The driver of that car will be 2001 IRL Rookie of the Year Felipe Giaffone. The car will be sponsored by Hollywood - a Brazilian tobacco company - which has worked with both Nunn in the CART series and Giaffone in the IRL.

In addition to the Hollywood team competing for the IRL championship, Mo Nunn Racing also confirmed that it will field two entries in the 2002 Indianapolis 500. The driver and sponsor of the second car at the Indy 500 will be announced at a later date. Engine and chassis decisions will also be announced at a later date.

"This is certainly great news for our organization and having the ability to take two cars back to the Indy 500 is very exciting for the whole team," said Morris Nunn. "We will continue to field the Pioneer-WorldCom car in CART in 2002, but with the CART situation as it is right now, we felt a real need to spread our wings. I am delighted that Hollywood has chosen to make this move to the IRL with us and we look forward to providing Felipe with all of the tools necessary to win a championship."

"This is a great opportunity for Hollywood," said Mark Hulit, consumer marketing director for Souza Cruz, the parent company for the Brazilian Hollywood brand of British American Tobacco. "We are delighted to continue our strong partnership with Mo Nunn Racing and about continuing in the Indy Racing League. We feel the IRL has a great future. The series is very professional, cost-effective for sponsors, and it is carefully planning for the future. And, the series continues to develop and strengthen with each season under the leadership of Tony George. Mo Nunn Racing and Felipe Giaffone will be a solid combination in our efforts to achieve results in 2002 and into the future."

Hollywood has a long history of motorsports sponsorship over the past 30 years in a variety of series and countries. It has been involved in the CART series since 1994.

"We value our eight years in CART, but we feel the timing is right to focus on the IRL for the future," Hulit said.

Mo Nunn Racing was formed in December of 1999 by a group led by championship engineer Morris Nunn. The team, based in Indianapolis, also includes Brazilian driver Tony Kanaan. Nunn is one of the best-known and most successful engineers in Indy car racing history. While serving as chief engineer for Alex Zanardi in 1996, 1997 and 1998, he helped guide Zanardi to Rookie of the Year honors (1996) and back-to-back CART FedEx Series Championships (1997-98). In 1999, Nunn teamed with current Formula One star Juan Pablo Montoya to win that year's CART FedEx Series Championship. Nunn also guided Emerson Fittipaldi to an Indy car championship and an Indy 500 victory in 1989.

The 15-event Indy Racing League schedule for 2002 begins March 2 at Homestead, Fla. The 2002 CART FedEx Championship Series schedule has yet to be announced.

-MNR-

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Series IndyCar
Drivers Juan Pablo Montoya