IRL: Indy 500: McLaren Performance race report

McLaren Engines powers Alex Barron to 4th-place Indy 500 finishing position; Livonia-based engine experts fuel Barron's highest rookie finish, INDIANAPOLIS, May 26 /PRNewswire-FirstCall/ -- As Alex Barron accelerated toward his 4th-place finish...

McLaren Engines powers Alex Barron to 4th-place Indy 500 finishing position; Livonia-based engine experts fuel Barron's highest rookie finish,

INDIANAPOLIS, May 26 /PRNewswire-FirstCall/ -- As Alex Barron accelerated toward his 4th-place finish in the 86th running of the Indianapolis 500, it was a McLaren Performance-built Chevrolet engine that powered him to the checkered flag. Barron was also the highest rookie finisher in the Greatest Spectacle in Racing(R) for 2002.

"Having just returned to the Brickyard with the Indy Racing League (IRL) for 2002, additional congratulations must also go to McLaren Performance Technologies and the employees of its McLaren Engines business unit for such impressive results in short order. IRL project leader Wiley McCoy's goal to once again demonstrate our capability to deliver continuous improvement was well realized, and our Livonia, Michigan-based powertrain team proved that McLaren Performance-built engines do indeed make a difference," said Steven Rossi, president and CEO, McLaren Performance Technologies.

McLaren Performance-built engines have appeared at Indianapolis since the late 1960's, and powered Johnny Rutherford's 500 wins in both 1974 and 1976. In addition, a McLaren-made engine sat on the Indy 500 pole in 1985 with Pancho Carter, when McLaren Engines partnered with the Buick Motor Division to create the stock-block V6 race motor. Multiple Chevrolet-based, Canadian- American (Can-AM) Challenge Cup championships were also fueled by McLaren Engines and most recently, the powertrain program for the Cadillac Northstar Prototype (LMP) racer was developed in partnership with McLaren Engines.

McLaren Performance Technologies (NASDAQ:MCLN), provides full service design, development, fabrication, manufacturing, testing, validation and certification of automotive and racing powertrains, and related components. The company was originally established as the engine development company for Bruce McLaren Motor Racing, and is based in Livonia, Michigan.

This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created thereby. These statements include the plans and objectives of management for future operations, including plans and objectives. The forward-looking statements herein are based on current expectations that involve judgments with respect to, among other things, future economic, competitive, and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond control of the Company. Although the Company believes that the assumptions underlying the forward-looking statements are reasonable, any one of the assumptions could be inaccurate and, therefore, can be no assurance that the forward-looking statements included in this release will prove to be accurate.

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About this article
Series IndyCar
Drivers Alex Barron , Bruce McLaren , Steven Ross , Pancho Carter , Johnny Rutherford