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News By Topic: Championship Auto Racing Teams

INDY 500: Luyendyk takes first laps at IMS since 1999 Indy 500

INDY 500: Luyendyk takes first laps at IMS since 1999 Indy 500

April 19, 2001 INDIANAPOLIS - Two-time Indianapolis 500 winner Arie Luyendyk stood in a garage in Gasoline Alley Wednesday, wearing a driver's suit and eyeing the Treadway Racing No. 5 Meijer G Force/Oldsmobile/Firestone entry that had just carried him for a few shakedown laps around the 2.5-mile Indianapolis Motor Spe ... Continue reading

CART provides financial guidance for 2001 and announces a share repurchase

CART provides financial guidance for 2001 and announces a share repurchase

April 18, 2001 DETROIT - Championship Auto Racing Teams, Inc. today provided financial guidance for 2001, as follows. The Company estimates that: ** Total revenues expected to be approximately $75 - $78 million ** Pre-tax profit for the year expected to be approximately 32% of total revenues ** EPS expected to be appro ... Continue reading

INDY 500: Four former winners; 94 cars entered for 85th Indianapolis 500

INDY 500: Four former winners; 94 cars entered for 85th Indianapolis 500

April 18, 2001 INDIANAPOLIS, Monday, April 18, 2001 - Indianapolis 500 champions Eddie Cheever Jr., Buddy Lazier, Arie Luyendyk and Al Unser Jr., along with notable drivers Michael Andretti, Gil de Ferran, Scott Goodyear and Sam Hornish Jr. headline an all-star field entered for the 85th running of the Greatest Spectac ... Continue reading

INDY 500: Indy winners Unser Jr., Lazier, and Cheever test at Speedway

INDY 500: Indy winners Unser Jr., Lazier, and Cheever test at Speedway

April 18, 2001 INDIANAPOLIS - Indianapolis 500 winners Al Unser Jr., Buddy Lazier and Eddie Cheever Jr. turned laps at the Indianapolis Motor Speedway today as private testing intensified in preparation for the 85th Indianapolis 500-Mile Race on May 27. Two-time "500" runner-up Scott Goodyear and rookie Casey Mears als ... Continue reading

Northern Light IRL: Productive first Indy test for Scott Goodyear and new Ininitii engine

Northern Light IRL: Productive first Indy test for Scott Goodyear and new Ininitii engine

April 18, 2001 Indianapolis, IN - Cheever Indy Racing teammates Eddie Cheever Jr. and Scott Goodyear turned a total of 153 incident-free laps in the team's #51 Excite@Home Infiniti machines at the Indianapolis Motor Speedway Monday as private testing intensified in preparation for the 85th Indy 500 on May 27. For Goody ... Continue reading

INDY 500: Team Target's Junqueira tops speed chart in rookie testing

INDY 500: Team Target's Junqueira tops speed chart in rookie testing

April 17, 2001 Indianapolis -- Target Chip Ganassi Racing, the defending champions of the Indianapolis 500, returned to the historic 2.5-mile oval this weekend to participate in the annual rookie orientation program. Drivers Bruno Junqueira and Nicolas Minassian completed all phases of the program on Friday morning, al ... Continue reading

IROC: True Value IROC News from Talladega

IROC: True Value IROC News from Talladega

April 17, 2001 Talladega, AL - The True Value IROC team concluded their first day of testing Monday at Talladega Superspeedway in preparation for round two of the 2001, 25th anniversary season. Veteran test drivers Dave Marcis, Dick Trickle, Jim Sauter and Andy Hillenburg were on hand to put the Pontiac Firebirds throu ... Continue reading

INDY 500: Witherill completes ROP test; Junqueira tops ROP chart

INDY 500: Witherill completes ROP test; Junqueira tops ROP chart

April 15, 2001 INDIANAPOLIS - Bruno Junqueira posted the fastest time of the two-day Rookie Orientation Program at the Indianapolis Motor Speedway April 13-14, while Cory Witherill passed his final phase of the rookie exam Saturday, making all nine participating rookies eligible to compete in the 85th Indianapolis 500. ... Continue reading

INDY 500: Drivers take crucial step towards Indianapolis 500

INDY 500: Drivers take crucial step towards Indianapolis 500

April 14, 2001 INDIANAPOLIS - Seven drivers - Nicolas Minassian, Brandon Erwin, Bruno Junqueira, Shigeaki Hattori, Didier Andre, Felipe Giaffone and Jon Herb -- passed their Indianapolis 500 rookie tests Friday at the Indianapolis Motor Speedway. Minassian was the first driver to pass the test, which is required before ... Continue reading

INDY 500: Foyt enters cars for Salazar, Gordon for 85th Indy 500

INDY 500: Foyt enters cars for Salazar, Gordon for 85th Indy 500

April 14, 2001 INDIANAPOLIS - Indianapolis 500 legend A.J. Foyt has entered two cars for the 85th running of the Greatest Spectacle in Racing, as Speedway officials released more entries that beat the April 11 deadline. Entries were also received from Blueprint Racing, Bradley Motorsports, Della Penna Motorsports, Nien ... Continue reading

INDY 500: Indianapolis 500 leads US sporting events in economic impact

INDY 500: Indianapolis 500 leads US sporting events in economic impact

April 13, 2001 INDIANAPOLIS - The Indianapolis 500 was the largest producer of economic gains in 2000 among all annual major sporting events in the United States, an article in the Jan. 15 Sports Business Journal indicated. The Journal cited a study by noted sports economist Professor Mark S. Rosentraub, Dean of the Le ... Continue reading

CART: FedEx Series Championship Happenings

CART: FedEx Series Championship Happenings

April 13, 2001 or Mike Zizzo (248) 362-8800 Plans are being finalized for next week's premiere of the eagerly awaited Warner Brothers feature film, Driven, which utilizes Championship Auto Racing Teams and the FedEx Championship Series as a backdrop. The premiere is scheduled for Monday, April 16, beginning at 7 p.m. a ... Continue reading

CART comments on ISL Worldwide claim

CART comments on ISL Worldwide claim

April 13, 2001 DETROIT - Championship Auto Racing Teams, Inc. today commented on the counterclaim filed by ISL Worldwide. The counterclaim was filed in the Circuit Court for the County of Oakland, State of Michigan, as a part of the Answer, Affirmative Defenses, Counterclaim and Setoff in the case filed by the Company ... Continue reading

INDY 500: Five teams file entries on deadline day for 85th Indy 500

INDY 500: Five teams file entries on deadline day for 85th Indy 500

April 12, 2001 INDIANAPOLIS - Five teams - Cheever Indy Racing, Hemelgarn Racing, McCormack Motorsports, PDM Racing and Walker Racing - filed a total of seven entries April 11, entry deadline day for the 85th Indianapolis 500. The 85th Indianapolis 500 is scheduled for May 27. Entries must be postmarked by April 11, so ... Continue reading

INDY 500: Nine drivers expected for Indy Rookie Orientation Program

INDY 500: Nine drivers expected for Indy Rookie Orientation Program

April 12, 2001 INDIANAPOLIS - Nine rookie drivers are expected to take an important step toward the 85th Indianapolis 500 by participating in the Rookie Orientation Program on April 13-14 at Indianapolis Motor Speedway. Testing starts at 9 a.m. and ends at 5 p.m. each day, with a break from noon-1 p.m. Drivers expected ... Continue reading

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