CSOT: Jim Trueman Scholarship Award announced

"Jim Trueman Scholarship Award" set to honor top karting racer. COLUMBUS, Ohio, (February 19, 2003) -- The late Jim Trueman was a big believer in helping young North American drivers who were attempting to climb the auto racing...

"Jim Trueman Scholarship Award" set to honor top karting racer.

COLUMBUS, Ohio, (February 19, 2003) -- The late Jim Trueman was a big believer in helping young North American drivers who were attempting to climb the auto racing ladder.

Trueman, the founder of the CART championship and Indy 500-winning Truesports racing teams, was renowned throughout the motorsports community in assisting young drivers for decades including the likes of Bobby Rahal, Willy T. Ribbs, Ed Pimm, Steve Millen and many others.

Trueman, a Can-Am champion driver himself, lost his battle with cancer in 1986 but his family continued his legacy by assisting drivers in the CART system.

Barbara Trueman, Jim's widow, announced today that the Trueman Family has continued Jim's commitment to support young, upcoming North American drivers with the establishment of the new "Jim Trueman Scholarship Award" to the Champ Car Snapon.com "Stars of Tomorrow" karting series.

The "Jim Trueman Scholarship Award" will be a $25,000 "final dollar" cash payment to a top driver annually from Stars of Tomorrow who moves to the Barber Dodge Series or Toyota Atlantic Championship. The recipient will come from either the ICC or ICA category and will be chosen from the season-long Stars participants.

"Our family is very pleased to continue Jim's commitment in assisting young drivers," said Ms. Trueman. "Jim helped many up and coming drivers just like Bobby Rahal in developing their talents to reach their ultimate racing goals. This new scholarship award in Jim's name will give some of our finest American karting drivers a chance to continue their racing dream to the next level."

Ms. Trueman also said the new award is a multi-year commitment from her family to the Stars of Tomorrow program.

Rahal, the driver who Trueman put into Champ Car racing in 1982, believes this new award is a tremendous catalyst to give young drivers a chance to get to the next racing level.

"Jim Trueman gave me and many other drivers a chance to move to the next step in racing," said Rahal, the three-time CART champion and 1986 Indy 500 winner. "The Trueman Family has done so much for racing in America that we owe them a tremendous gratitude for their passion and commitment to our sport. It is a cash award like the Jim Trueman Scholarship that can help take a young driver's career to that important next step. I believe the Stars Series is the right path for these young competitors to start their careers up the racing ladder. This award continues Jim's legacy and helps develop our young racing stars."

The Trueman Family has been instrumental in helping CART drivers for the past 15 years by presenting the CART "Rookie of the Year" award annually. Previous winners of the "Jim Trueman Rookie of the Year" include Juan Pablo Montoya, Alex Zanardi, Kenny Brack, Nigel Mansell, Jacques Villeneuve and Gil de Ferran.

The Snapon.com 'Stars of Tomorrow' karting series is the official first level in CART's driver development system and an officially sanctioned series of WKA/SCCA Pro Racing. Founded by Herta and now owned in conjunction with a group of racing veterans, including Rahal, the Stars of Tomorrow serves as the first step for the CART driver development ladder. Stars focuses on recognizing the skills of the drivers rather than the technology development within the machines, using FIA/CIK International standards. More information can be found at www.cartstars.com.

Snap-on Incorporated is a leading global developer, manufacturer and marketer of tool and equipment solutions for professional tool users. Product lines include hand tools, power tools, automotive diagnostics and shop equipment, tool storage products, automotive diagnostics software and other solutions for the transportation service, industrial, government, education, agricultural, and other commercial applications, including construction and electrical. Products are sold through its franchise dealer van, company direct sales and distributor and internet channels. Founded in 1920, Snap-on is a $2+ billion, S&P 500 company headquartered in Kenosha, Wisconsin and employs approximately 14,000 worldwide. More information can be found at www.snap-on.com.

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Series Kart
Drivers Juan Pablo Montoya