CHAMPCAR/CART: Andre Ribeiro Pursues Business Opportunity

Homestead, Fl (Februdary 3, 1999) ANDRE RIBEIRO confirmed today that he will not compete in the 1999 FedEx Championship Series. In a joint press conference with Marlboro Team Penske, RIBEIRO announced his plans to pursue business opportunities...

Homestead, Fl (Februdary 3, 1999) ANDRE RIBEIRO confirmed today that he will not compete in the 1999 FedEx Championship Series. In a joint press conference with Marlboro Team Penske, RIBEIRO announced his plans to pursue business opportunities with Roger Penske in Brazil. "Initially this was a very difficult decision to make but when I look to my past, I see the fantastic opportunities I've had and the food achievements I made in racing. Winning the inaugural race in Brazil (1996) and the Marlboro 500 (1996) are two of my greatest accomplishments and I will remember them always. But I have to look to my future and right now I have a unique opportunity to advance in the business world. Roger Penske made this same decision in his career and he is providing for me a great example to follow. I feel very comfortable about my future and proud of my past. I don't want to say retirement but for now I want to concentrate my efforts 100% on my new business ventures."

Source: CART Online

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About this article
Series IndyCar
Drivers Roger Penske , Andre Ribeiro
Teams Team Penske