News By Topic: Championship Auto Racing Teams

CART: FedEx Championship Series Opens 21 Event Season at Monterrey

Mar 6, 2001

DETROIT (March 6, 2001) - Looking to build upon the spellbinding on-track drama generated by each of its past two FedEx Championship Series seasons, Championship Auto Racing Teams launches the record 21-event 2001 FedEx Championship Series this weekend with the inaugural Tecate Telmex Monterrey Grand Prix Presented by ... Continue reading

INDY 500: Target Chip Ganassi Racing to Defend Indy 500 Title

Mar 6, 2001

Indianapolis -- Target Chip Ganassi Racing, 2000 Indy 500 champions and four-time CART FedEx Series champions, today announced it will return to Indianapolis in May to defend its title. Team Target rookies Bruno Junqueira and Nicolas Minassian are eager for the opportunity to duplicate former team driver Juan Montoya's ... Continue reading

CART Names Veteran Race Chris Kneifel Chief Steward of Series

Mar 4, 2001

DETROIT - Championship Auto Racing Teams announced today that veteran race car driver Chris Kneifel has been named Chief Steward of CART's FedEx Championship Series. CART President of Racing Operations Hal Whiteford announced that Kneifel will assume his duties immediately and will oversee the action when CART opens it ... Continue reading

CART: Weather Dampens Final Test Day for Team Motorola

Mar 4, 2001

Indianapolis, IN-- The unusual occurrence of rain in the deserts of Phoenix put a damper on the final day of testing for Team Motorola and driver Michael Andretti on Wednesday. The team did complete a nearly full day of testing on Tuesday at the One-mile oval at Phoenix International Raceway with Andretti turning a qui ... Continue reading

CART: Team Motorola: T-7 and Counting Competition Debut Seven Days Away

Mar 3, 2001

What: Tecate Telmex Monterrey Grand Prix Round 1 of 21 of the CART FedEx Championship Series Where: Fundidora Park, 2.1-Mile Permanent Road Course Monterrey, Mexico When: Sunday, March 11, 2001 at 3:00 p.m. CST 4:00 p.m. EST live on ABC Television Indianapolis, IN-In September of 2000 amid the flurry of press announcem ... Continue reading

CART: Newey Leaves Post as Mo Nunn Racing General Manager

Mar 2, 2001

INDIANAPOLIS--Mo Nunn Racing announced today that Steve Newey has left his position as general manager, effective immediately. Newey, who was retained by the team in late 1999 to assemble a new racing organization to contest the CART FedEx Championship Series beginning with the 2000 season, will pursue other interests. ... Continue reading

CART: Team Target Concludes Three Day Phoenix Test

Mar 2, 2001

Phoenix -- Team Target's dynamic rookie duo of Bruno Junqueira and Nicolas Minassian spent Feb. 26-28 testing at the 1.25-mile road course at Firebird International Raceway in Phoenix, concluding a busy off-season, in which they combined to log more than 4,200 miles. Target Chip Ganassi Racing kicked off its final test ... Continue reading

CART: Gugelmin rained out on last day of winter testing

Mar 2, 2001

(Phoenix, AZ) – Mauricio Gugelmin’s final testing day prior to the start of the 2001 FedEx Championship Series opener was rained out as foul weather hit Phoenix for the second consecutive day. Gugelmin, driver of the #17 Nextel PacWest Toyota, completed 80 laps on the 1-mile PIR oval Tuesday, but was unable ... Continue reading

CART commences legal action against ISL Marketing

Mar 1, 2001

March 1, 2001 DETROIT - Championship Auto Racing Teams, Inc. today announced that it has filed a complaint against ISL Marketing AG in Oakland (Mich.) County Circuit Court seeking compensatory and consequential damages in excess of $100 million. ISL has served as CART's exclusive worldwide marketing agent since the exe ... Continue reading

CART: Gugelmin among fastest in test at PIR

Mar 1, 2001

March 1, 2001 (Phoenix, AZ) – Mauricio Gugelmin and his Nextel crew returned to Phoenix International Raceway Tuesday, as a final testing ground before the green flag flies for the start of the 2001 FedEx Championship Series on March 11, in Monterrey, Mexico. Gugelmin, driver of the #17 Nextel PacWest Toyota, com ... Continue reading

CART: Toyota Rookies Tackle CART Ranks In 2001

Feb 28, 2001

TORRANCE, Calif. -- The footsteps may be huge, but four of the world's finest young drivers look to follow the likes of Montoya, Tracy, Zanardi, da Matta and Fittipaldi in making the jump from the world's three leading Formula 3000-type series into the CART FedEx Championship Series in 2001. Bruno Junqueira, Nic Minass ... Continue reading

CART: PacWest and Dixon Continue Preparing for Season Opener

Feb 28, 2001

(Chandler, AZ)--Driver Scott Dixon and PacWest Racing Group began a two-day test on February 26, at Firebird Raceway. Dixon, driving the team’s new Toyota Reynard combination, logged approximately 185 miles and consistently lapped the 1.2-mile facility in the low 47-second range. Monday saw scattered showers, whi ... Continue reading

Guest Commentary From Racing Newsletter

Feb 26, 2001

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CART: Dixon quickest Toyota in Texas

Feb 24, 2001

(Fort Worth, TX) – For the second consecutive day, cold temperatures limited running at the Texas Motor Speedway; however the elements did not seem to slow PacWest rookie Scott Dixon as he posted impressive times on the 1.5-mile oval. Dixon, who tested for Firestone Tuesday on the Texas oval in his 2000 champions ... Continue reading

Championship Auto Racing Teams Reports Fourth Quarter and Year-End 2000 Results

Feb 23, 2001

DETROIT, Feb. 23 Championship Auto Racing Teams, Inc. today announced revenues, expenses, net income and earnings per share for the fourth quarter and year-ended December 31, 2000. The number of events held in a particular quarter will effect the comparability of earnings information from quarter to quarter. CART condu ... Continue reading