CHAMPCAR/CART: Cleveland Mayor Announces Agreement with CART

Cleveland -- September 14, 1999 -- Cleveland Mayor Michael R. White announced today that there will be a CART race in Cleveland next summer. Mayor White confirmed that IMG Motorsports and Championship Auto Racing Teams have reached an agreement...

Cleveland -- September 14, 1999 -- Cleveland Mayor Michael R. White announced today that there will be a CART race in Cleveland next summer. Mayor White confirmed that IMG Motorsports and Championship Auto Racing Teams have reached an agreement for CART's FedEx Championship Series to return to race in Cleveland beginning with the 2000 season.

"CART will be back in Cleveland next summer and for many years to follow," stated Mayor White. "Bud Stanner (President of IMG Motorsports) and Andrew Craig (Chairman and CEO of CART) -- at my request -- worked very hard last week and over the weekend to reach a three-year agreement. This is great news for the City of Cleveland, CART and racing's most loyal fans."

CART and IMG jointly announced on June 29 that the Champ Car series would not be returning to Cleveland because the two could not come to an agreement on financial terms to extend the contract. However, following further discussion between CART and IMG representatives, an agreement has been achieved. The new contract specifies that CART will bring it's open-wheel series to Cleveland through 2002.

The date of the race will be July 9 and will be formally announced as a part of the 2000 CART schedule which is currently being formulated.

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Series IndyCar