CHAMPCAR/CART: Vasser, Ganassi Renew Contract

Indianapolis - Chip Ganassi, owner of the Target/Chip Ganassi Racing team, announced today that 1996 PPG Cup champion Jimmy Vasser has re-signed to drive for the team. Vasser, 32, whose contract was up at the end of this season, signed a ...

Indianapolis - Chip Ganassi, owner of the Target/Chip Ganassi Racing team, announced today that 1996 PPG Cup champion Jimmy Vasser has re-signed to drive for the team. Vasser, 32, whose contract was up at the end of this season, signed a three-year deal that will keep him with the team through the 2001 season. Terms of the contract were not disclosed.

"We're thrilled to have Jimmy back on board for another three years," Ganassi said. "Jimmy is obviously one of the best and most consistent drivers in our series. He brought us the championship in 1996, was third in the point standings last season and is in second place this year. He has a tremendous future and will be a solid component to our team's continued success."

"I'm very glad to continue my association with Target and Chip Ganassi," said Vasser. "This team has been like an extended family for me for the last three seasons, and I've enjoyed some of the very best times in my life as a member of this team, so I'm obviously looking forward to three more great years.

"There is a solid commitment to winning and being successful on our team, and with the tremendous support of organizations like Honda, Firestone and Reynard, I'm confident we can continue to enjoy the kind of success we've had the last few years. I'm very happy things worked out the way they did, and I'm relieved I won't have to deal with any more rumors about my future."

Vasser, a resident of Las Vegas, has been driving for Target/Chip Ganassi Racing since the 1995 season. He has posted seven wins and 19 podium finishes in his CART career, including four victories during his championship season in 1996. He has won twice in 1998 (Nazareth and Milwaukee) and is second to teammate Alex Zanardi in this year's FedEx Championship Series points race. Vasser has 103 career CART starts and is one of just six active CART drivers with 100 or more career starts.

With Zanardi clinching the 1998 PPG Cup championship last weekend in Vancouver, Target/Chip Ganassi Racing became just the second team in CART history to win three consecutive championships. Penske Racing accomplished the feat with Rick Mears in 1981 and 1982 and Al Unser Sr. in 1983.

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About this article
Series IndyCar
Drivers Jimmy Vasser , Alex Zanardi , Al Unser Sr. , Rick Mears , Chip Ganassi
Teams Chip Ganassi Racing , Team Penske