INDIANAPOLIS (June 7, 2002) - Following a successful meeting at Championship Auto Racing Teams Inc. operational headquarters on Thursday, the promoters and race organizers of the CART FedEx Championship Series have stated their full support for...
INDIANAPOLIS (June 7, 2002) - Following a successful meeting at Championship Auto Racing Teams Inc. operational headquarters on Thursday, the promoters and race organizers of the CART FedEx Championship Series have stated their full support for CART and the administration of President and CEO Christopher R. Pook for not only the remainder of the 2002 season, but well into the future.
"This was a very positive meeting and we enjoyed the opportunity to present our plan and strategies for the future with our valued promoters," Pook said. "We took a first pass at the 2003 schedule and provided details about our plan to move the series forward. Our promoters were receptive and we feel strongly that we are moving in a positive direction."
The regularly-scheduled meeting was the first full promoter meeting since the start of the 2002 season. It was chaired by Pook and included presentations of CART's marketing, operations and strategic plans as well as promoter feedback.
"Yesterday's promoter meeting was productive and proactive on CART's part as it pertains to the execution of the 2002 season," said Michele Trueman-Gajoch, President of the CART Grand Prix of Mid-Ohio and chairperson of the promoter committee. I am confident that we all remain committed to promoting successful events this year."
Other promoters voiced their approval, as well.
* "I welcomed the opportunity to meet with the CART management staff and get a briefing of plans for the series," said Jim Michaelian, President and CEO of the Grand Prix of Long Beach Association. "I have every confidence that Chris has assembled a team that can put in place the measures that will provide viability for the CART FedEx Championship Series in the future."
* "This meeting once again demonstrates the strength of Chris Pook's vision and the team he has assembled," said Mike Nealy, President of Global Events Group, which runs next weekend's G.I. Joe's 200 at Portland International Raceway. "They continue to impress us with their ideas and direction. We're grateful for the open lines of communication."
* Said H. Kent "Bud" Stanner, President of the Marconi Grand Prix of Cleveland. "In light of all the rumors, questions, facts and other intangibles which are in play, I think the meeting was successful. There is little question that Chris has a handle on the problems and opportunities and my sense is that the promoters had less confidence in the future before the meeting and felt better after the meeting."
* Although not in attendance, Gill Campbell, General Manager of this weekend's Bridgestone Grand Prix of Monterey Featuring the Shell 300 at Mazda Raceway Laguna Seca, learned of the positive exchange between CART and the promoters. "SCRAMP and Mazda Raceway Laguna Seca have been host to CART for the past 20 years," she said. "Open wheel racing with the CART FedEx Championship Series has been a tradition and we intend to see it continue for the next 20 years and beyond. We are confident that Chris Pook has a handle on the organization and has demonstrated strong leadership and vision. We support his efforts for Champ Cars to continue to be the premier racing series that it should be."
* Kathryn Hayworth, president of SCRAMP, added, "SCRAMP has supported open wheel racing for the past 45 years and we will continue to do so. Chris Pook and his staff have already shown the ability to overcome many challenges. We have no doubt that the series is safe in his hands."
* Robert Singleton, Vice President and General Manager, Molson Sports and Entertainment, said "Molson's and Molson Sports and Entertainment has been committed to CART for the past 17 years and that commitment has not changed. Molson's is excited about their three races in Canada (Toronto/Vancouver/Montreal) over the next 10 weeks."
* Arturo Mendez-Aviles, GP General Manager, Tecate Telmex Monterrey Grand Prix: "I fully support Chris Pook and the entire Championship Auto Racing Teams staff in their efforts to stage first-class races. We are very much committed to CART and look forward to many more successful FedEx Championship Series events in Monterrey for years to come."
Championship Auto Racing Teams, Inc. (NYSE: MPH) owns, operates and markets the CART FedEx Championship Series. Former series champions Michael Andretti and Jimmy Vasser are among the stars who will battle for the 2002 FedEx Championship Series title on ovals, temporary street circuits and permanent road courses. CART Champ Cars are thoroughbred racing machines that travel at speeds in excess of 200 miles per hour, showcasing the technical expertise of manufacturers such as American Honda, Ford Motor Company, Toyota, Lola Cars, Reynard Motorsport and Bridgestone/Firestone North American Tire, LLC. The 20-race 2002 CART FedEx Championship Series will be broadcast by new television partners, CBS, FOX and SPEED Channel. CART also owns and operates its top development series, the CART Toyota Atlantic Championship. Learn more about CART's open-wheel racing series at www.CART.com.