CHAMPCAR/CART: CART moves closer to naming new leader

DETROIT (November 14, 2000) - The search for a new Chief Executive Officer at Championship Auto Racing Teams continues with the list of contenders for the position narrowing and a selection expected to be named soon. CART Board Chairman James ...

DETROIT (November 14, 2000) - The search for a new Chief Executive Officer at Championship Auto Racing Teams continues with the list of contenders for the position narrowing and a selection expected to be named soon.

CART Board Chairman James Hardymon indicated today that CART has narrowed its search to identify the open-wheel sanctioning organization's next leader.

"The process of selecting the next Chief Executive Officer for CART will soon be coming to a close," said Hardymon. "We have had the opportunity to meet with several extremely qualified candidates. The list includes a number of top executives from the world of sports, entertainment and business.

"We narrowed our list to a select group that the full Board met with and interviewed this past Friday. We are doing additional research on these individuals and expect to be able to make an announcement in the near future. Based on the talented pool of candidates, we are confident that the individual we choose will lead CART and its racing series to new heights in 2001 and beyond."

Three-time CART driving champion Bobby Rahal was named interim president and CEO of the open-wheel racing sanctioning organization in June after the resignation of Andrew Craig. Rahal has served in that capacity since that time but has announced his tenure will conclude at the end of this month.

-CART-

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Series Automotive , IndyCar
Drivers Bobby Rahal