CSOT: Travel fund payout program announced

$100,000 split up among teams that commit to full season in 2003 Stars Karting Series. HILLIARD, OH (March 12, 2003) -- Answering the long time requests of North American karters, the SnapOn.com Champ Car Stars of Tomorrow karting series is ...

$100,000 split up among teams that commit to full season in 2003 Stars Karting Series.

HILLIARD, OH (March 12, 2003) -- Answering the long time requests of North American karters, the SnapOn.com Champ Car Stars of Tomorrow karting series is offering an unprecedented payout to racers with a $100,000 Travel Fund support program for 2003.

"With this travel program we are looking out for the businesses in karting and sharing a benefits program with those that are the backbone of this sport," said Stars Operations Director Paul Zalud. "A travel award program doesn't just help the two or three competitors who can grab some prize money, it's a broad-based program to make professional kart racing through the Stars of Tomorrow a little easier for all committed teams."

The travel award program is available to karting teams that commit to a full season of racing in Stars of Tomorrow for 2003. The definition of a team and requirements of the program can be found on the www.cartstars.com website.

"I am very happy with this program Stars has put forth," said Trackmagic Racing Karts owner Fausto Vitello. "We have heard a lot of promises over the years in karting, and Stars is beginning to deliver."

The program pays sums based on distance traveled, escalating to a team that travels 1000 miles or more one way receiving $500 per event.

"Healthy, motivated race teams are the lifeblood of any racing series," said Stars principal Bobby Rahal. "It is our intent to support the hard working karting teams who put so much into the sport."

The Snapon.com 'Stars of Tomorrow' karting series is the official first level in Champ Car's driver development system and an officially sanctioned series of WKA/SCCA Pro Racing. Founded by Herta and now owned in conjunction with a group of racing veterans, including Rahal, the Stars of Tomorrow serves as the first step for the Champ Car driver development ladder. Stars focuses on recognizing the skills of the drivers rather than the technology development within the machines, using FIA/CIK International standards. More information can be found at www.cartstars.com.

Snap-on Incorporated is a leading global developer, manufacturer and marketer of tool and equipment solutions for professional tool users. Product lines include hand tools, power tools, automotive diagnostics and shop equipment, tool storage products, automotive diagnostics software and other solutions for the transportation service, industrial, government, education, agricultural, and other commercial applications, including construction and electrical. Products are sold through its franchise dealer van, company direct sales and distributor and internet channels. Founded in 1920, Snap-on is a $2+ billion, S&P 500 company headquartered in Kenosha, Wisconsin and employs approximately 14,000 worldwide. More information can be found at www.snap-on.com.

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Series Kart
Drivers Bobby Rahal