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10/28/02
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Josh
Beaulieu Flies in First Toyota Atlantic Test Barber
Dodge Pro Series racer Josh Beaulieu had his first taste of a
Toyota Atlantic Swift 014.a today, testing with Michael Shank
Racing at Buttonwillow Raceway. Beaulieu, a resident of
Langley, British Columbia, completed 130 miles during his very
first visit to the Buttonwillow circuit, posting a best lap of
57.3 seconds on scrubbed tires – a time less than a
half-second from the unofficial track record. Team owner
Michael Shank commented on the test: "I was really impressed
with Josh today. I knew he had shown a lot of speed last year
in Barber Dodge, but what really opened my eyes was his
approach and willingness to put in the kind of effort that it
takes to completely understand these cars from the engineering
standpoint. He worked extremely well with our engineers and
responded with a real quick time on a day when there were more
experienced drivers on the track with him. Overall, I would
say that he easily surpassed all of our goals for him and
showed his outright speed in a very short amount of time." "Of
course I am very pleased about the way the test went," said
Beaulieu. "We were running on scrubbed tires all day, so I
think there is plenty of room for improvement. The car was
working quite well, and to be honest I found the grip in the
braking zones unbelievable compared to anything else I have
raced. I thought the team did a great job, and these guys
really showed they are gearing for a run at the title next
season. I don’t yet know if the CART Toyota Atlantic
Championship is in the cards for me next season, but we are
working very hard to put a deal together." Michael Shank
Racing is based in Reynoldsburg, Ohio, (near Columbus) and has
been a full-time competitor in the CART Toyota Atlantic
Championship since 1996 with drivers such as Sam Hornish Jr.,
Kenny Wilden, Martin Basso, Rodolfo Lavin, Ryan Dalziel, Sepp
Koster and Bruno St-Jacques. Josh Beaulieu, in his second year
of professional auto racing, has established himself among the
next generation of Canada’s racing stars. You can find out
more about Josh’s career by visiting his website
www.joshbeaulieu.com. |
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10/28/02
 |
Details on new rules
Fans attending next year’s United States Grand Prix weekend at
the Indianapolis Motor Speedway and other Formula One events
will get to see a dramatic, new two-day qualifying system in
which the drivers will run one at a time, just one of the rule
changes on which the FIA Formula One Commission has agreed for
2003. The Commission met Oct. 28 in London and decided
on these regulation changes:
Qualifying
There will be two qualifying sessions -- Friday and Saturday,
both between 1 and 2 p.m. Qualifying to be one flying lap for
each car, cars to run one at a time. The running order on
Friday will follow the championship standings (previous year
at first race), with championship leader going out first,
second in championship running second, and so on. The running
order on Saturday will be determined by the Friday times
(which do not count for the grid), so that the fastest on
Friday runs last on Saturday, the second fastest second last,
and so on.
Practice schedule
This will remain Friday: 11 a.m.-noon; Saturday: 9-9:45 a.m.
and 10:15-11 a.m.
Testing
Provided that by Dec. 15 at least three teams indicate to the
FIA not to run more than 10 car-days of private testing
between March 1-Nov. 1, the teams which agree to this can test
at each event from 9-11 a.m. Friday and may use their spare
car and their test driver during this period.
World Championship points
From 2003, points will be awarded down to eighth place on the
scale 10:8:6:5:4:3:2:1. Previously, points were awarded to
sixth place on the scale 10:6:4:3:2:1.
Team orders
Team orders that interfere with the race result are
prohibited.
The 2003 Belgian Grand Prix
In the absence of unanimous agreement by the teams to run at
the 2003 Belgian Grand Prix without tobacco advertising, this
event has been removed from the World Championship calendar.
Tires
Each team will be allowed to use two different dry tires at
each event. Previously, each tire company could supply only
the same two dry tires to each of its teams. Teams will
continue to be limited to 10 sets of dry tires per event. Only
one type of wet tire can be used per event. |
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10/28/02
 |
CART stock watch
In Today's NYSE trading in MPH
MPH closed at $4.50 Down $0.40 per share on Volume of 80,000
shares.
$3.89 Bid / $4.86 Asked on close.
$4.50 Low / $4.91 the High trades for the session.
MPH value per share Down 8.16%
DOW-Jones Down 0.9%
NASDAQ Down 1.16%
S&P 500 Down 0.83%
Courtesy of C3I.AndersonGroupe, Chicago
www.andersongroupe.com |
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10/28/02
 |
Atlanta overnight TV rating
NBC Sports’ coverage of the NASCAR Winston Cup NAPA 500 from
the Atlanta Motor Speedway, the fastest track on the NASCAR
Winston Cup circuit, earned a 4.2 rating/8 share in the
overnights for its rain-delayed coverage (3:30 - 6:15 p.m.
ET), according to Nielsen Media Research. The NAPA 500, which
was delayed for 2-1/2 hours and ultimately shortened to 248 of
the scheduled 325 laps due to rain, clocked a five percent
increase over last year’s 4.0/9 in the overnights. The race
peaked at a 4.9/9 at 5:30 p.m. ET as Kurt Busch, who also won
last weekend at Martinsville, claimed his third victory of the
year. |
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10/28/02
 |
Engine Management malfunction
did in Visteon car
Following a thorough investigation of the #20 Visteon/Patrick
Racing car it has been determined that the cause of the fire
that ended the team’s Honda Indy 300 yesterday in Surfer’s
Paradise, Australia was an engine management system
malfunction according to Visteon/Patrick Racing General
Manager Jim McGee. “Following the race the #20 Visteon/Patrick
Racing car was brought back to the garage area where we did a
thorough examination to determine the cause of the fire that
forced the car from the race,” McGee said. “After examining
the damage and reviewing all the data we have determined that
the engine management system malfunctioned and that caused an
exhaust system failure. The result was a fire in the engine
compartment. It is unfortunate because the Visteon/Patrick
Racing Team worked very hard to prepare the car for the race
and we felt we had a competitive racecar and solid race/pit
strategy. Even though the weather conditions prevented the
race from being contested on the track, we felt that had we
finished the race our strategy would have produced a top-five
finish,” McGee concluded. |
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10/28/02
 |
Marlin definitely out rest of
season Dr. Jerry Petty, neurosurgeon, and Dr. Dom
Coric, spinal injury specialist, of the Carolina Neurological
and Spinal Injury Clinic, performed a medical update on
Sterling Marlin the morning of Monday, October 28. Marlin, who
suffered a non-displaced fracture of the #2 cervical vertebra
as a result of his accident at Kansas Speedway on September
29, is progressing well with the healing. Marlin's MRI clearly
showed the first steps of healing of the C2 vertebra. He must
continue to wear the Aspen collar, which keeps the cervical
vertebrae stable, for two more weeks and will then be
reevaluated. Marlin is on schedule to be back in the No. 40
Coors Light Dodge for 2003 Winston Cup testing. "The MRI
showed the best case scenario," said Dr. Dom Coric, M.D.
"Sterling is on target to make the recovery we want him to
make." Chip Ganassi Racing with Felix Sabates certified
athletic trainer, Al Shuford M.Ed,A.T.,C.-L, will begin the
first steps of physical training in re-strengthening Marlin's
neck. Jamie McMurray will continue to replace Marlin in the
No. 40 Coors Light Dodge for the remainder of the 2002 NASCAR
Winston Cup season. McMurray will pilot the Havoline Dodge for
the Ganassi team in the 2003 NASCAR Winston Cup Series season. |
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10/28/02
 |
Happy Birthday Bernie
F1 supremo Bernie Ecclestone turns 72 today and they had a
birthday cake for him at today's F1 meeting.
Photos from meeting. |
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10/28/02
 |
F1 meeting - Spa loses date,
qualifying changes Formula 1 qualifying in 2003 will
see just one lap per driver, similar to American oval track
racing where 2 laps per driver are allowed. This was the most
radical decision made during Monday's F1 meeting. The current
one-hour qualifying format will be replaced by two one-hour
sessions - one on Friday and one on Saturday. Friday's session
will determine the order the cars run on Saturday. Rather than
allow any and all cars on the circuit during the sessions, the
cars will be sent out one at a time for one flying lap. Next
season will also see a change to the F1 points scoring system
with points awarded to the top eight in 10-8-6-5-4-3-2-1
order. Team orders 'that affect overall race results' will be
outlawed. Testing has been cut back, which allows teams who
agree with the FIA to test for 10 days or less during the
season being granted two additional hours of running on the
Friday of a GP. This proposal will only take place if three or
more teams sign up to the agreement. The tire manufacturers –
currently Michelin and Bridgestone – will be allowed to supply
each team with two different compounds at each race, rather
than two compounds for all their teams as is currently the
case. As predicted, the Belgian GP at Spa has been stripped of
its place on the 2003 F1 calendar. No race will take its
place, leaving just 16 rounds next year.
Photos from meeting. |
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10/28/02
 |
What to rename CART?
Dear AutoRacing1.com - With all the talk about the CART series
being renamed, the best I could come up with is The
American Grand Prix Series, a la ALMS. Makes clear
the association to F1, as well as the American-ness (which can
be interpreted as Pan-American). American F1, on the other
hand, seems a little hokey. It's clearly not F1.
(F2?) Putting that in the name would have the effect of
stigmatizing the series as clearly inferior. Wanna-bees. A
concession I don't think necessary or desirable. Wes Barton
Dear Barton, AR1 likes F1A for Formula 1 Americas.
The term "Formula 1" is branded and if Bernie ever allows the
use of Formula 1 as part of the CART name (won't happen unless
Bernie owns it), it would go a long way towards getting the
average person on the street to understand what form of racing
the CART series is. CART or Champ Cars are
not branded, never were, never will be. The American GP
series as you suggest, is certainly not a bad idea either
because most people associate "grand prix" with open wheel
road racing. AR1 Staff |
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10/28/02
 |
Williams takes swipe at
Ecclestone Williams F1 team boss Sir Frank Williams,
talked to Richard Williams, Guardian journalist over
the weekend. He had this to say about Bernie
Ecclestone's decision to sell 75% of F1 a couple of years ago:
"If so much money hadn't been taken out (of the series and
into Bernie's pocket), and if the revenues had been split more
appropriately, there wouldn't be so much woe," says Williams. |
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10/28/02
 |
Williams talks about changes
Williams F1 team boss Sir Frank Williams, talked to
Richard Williams, Guardian journalist over the weekend.
He had this to say - "It's arguably the most important meeting
we've ever had," Williams says of today's meeting at Heathrow.
"Formula one doesn't need much of a makeover but it does have
to provide something that persuades people to switch on.
Television exposure drives the flow of revenue into formula
one. Without that, we can't do what we want. "The
whole thing is born out of the fact that one team is utterly
dominant," Williams says of the proposals that are up for
discussion. "Unfortunately in one of that team's cars is a
driver who is superior to his peers. The trouble is that
Michael is racing seven days a week and the rest are not. They
think a bit about the cars but mainly, if they're not testing,
they relax and enjoy themselves. Michael is a machine. Formula
one is suffering because of it, but it's not his fault.
"I don't wish to discount in your newspaper every single one
of the proposals submitted by the FIA," he continues. "But the
one that is most discussed and dismissed is the one of
ballast." He then comments on Mosley's plan to have drivers
'swap' teams. "It's another attempt to mix up the grid but
it's not a practical idea," he says. On the issue
of limiting teams to one engine: "The idea is to cause upset
on the grid and save money," says Williams. "But how do you
explain to someone watching the last race of the season, with
Michael and Juan Pablo going for the championship, that
Michael's been pushed back to the fifth row of the grid
because his engine broke in the warm-up? It might give you a
great race but it would ruin the championship." And
aerodynamics? "Aerodynamics are the biggest single factor in
the car's performance," says the man whose cars have won 9
Constructors' and 7 Drivers' titles. "It would mean that if
you turned up in Australia for the first race of the season
and you'd got your calculations wrong, you'd be out of the
championship. It would be won by the time you were allowed to
change your car." Williams likes the idea of changing
qualifying: "I don't think you'll find many people against
that," he says. "And it's easy to adopt." As for the
proposal regarding the standardization of various components:
"We're interested in that," he responds. "We're not just a
bunch of no-nos. We have diverse interests but we realize that
we want to grow revenues by making the show more attractive
while exerting strong downward pressure on costs." "We also
need to improve the ability of the circuits to promote
overtaking," he adds. "It's not a matter of giving Max
something to announce to the world. It's important to come out
with something that genuinely moves the business on.
"The best should be the best," says Williams a man who wants
to see his cars dominating the sport because they're the best
not because the rules favor them and handicap their rivals. "I
don't want Williams to be humiliated by having to get Ferrari
to help us. We're not in that business. We'd rather take the
pain." |
|
10/28/02

 |
Justin Wilson to CART or F1
Autosport asked Justin Wilson - Q: And what of next year,
anything signed yet? "I don't know at the moment. I'd
like to go to America, I'd like to go to Formula 1. Whatever
happens, happens really. I think both are good options and
trying to choose between them is not so easy. There's a lot of
talk going on at the moment about CART and people saying it's
on its way out, but I still feel there's a lot of enthusiasm
and I reckon that it's at the bottom of its lull. There's been
a lot of negative talk, but I believe next year it will be
strong, especially as everybody will be using the same
engines. There are a lot of teams talking about going to CART,
but these words just need to be put into action. I'm a little
bit concerned with what's going on with Formula 1 at the
moment. I can't believe that there are keep that are trying
for force Minardi out for the sake of what is to them peanuts.
It's disgraceful." |
|
10/28/02
 |
Minardi Day 5,000
enthusiastic Minardi fans were treated to a day of non-stop F1
action at the Imola circuit on the weekend. A fleet of four
two-seater machines were the highlight of the program as Alex
Yoong, Matteo Bobbi, Giorgio Pantano, and team
boss Paul Stoddart took a total of 39 passengers on the ride
of a lifetime. Russian ace Sergey Zlobin was also in action in
last year's PS01 contender. 'What a great way to end a
memorable year,' Stoddart said. |
|
10/28/02
 |
Montoya officially wed
Juan Pablo Montoya married fiancé Connie Freydell in
Cartagena, Colombia, on Saturday afternoon. Over 300 guests
attended the ceremony, including close South American
compatriot Rubens Barrichello, of Ferrari. 'I am very happy,'
he reported. 'But this will not change my approach to racing!' |
|
10/28/02
 |
Latest F1 Hot News
Growing Support For
Historic Spa
Jean Todt Eyeing
Retirement
Aggressive Tactics
Press On Reform
Bernoldi Stirs
Heated Dispute
One-Engine Rule To
Be Scrapped?
Panic Grips
Formula One World
Irvine Slams
'Stupid' Ideas
Stoddart Seals
Verstappen Deal?
Driver Swaps: Are
They Serious?
F1 News In Brief
|
|
10/27/02
 |
Said caps off dominant season
with a win Boris Said is simply not a sentimental
guy. After a Trans-Am Series season in which he: A) recorded
the first-ever victory for the Panoz Esperante; B) earned the
100th Trans-Am Series victory for Ford; C) became only the
third driver in the 37-year history of the series to win as
many as eight races in a season; and D) claimed his first
Trans-Am Series championship, Said only seemed interested in
his next ride. “I’m never going to look back on that stuff;
I’m just not the type,” Said explained after claiming his
eighth victory of the year in Sunday’s season-ending VIR
Speedfest Trans-Am 100 Presented by the Justin Bell GT
Motorsports Experience at Virginia International Raceway. “I
like racing. I like winning races. To go out and run
side-by-side, like we had the chance to do today … that’s what
it’s all about for me.” Said (#33 Applied Computer Solutions
Ford Mustang), who wrapped up the 2002 BFGoodrich Tires Cup
two weeks ago at Road Atlanta, switched from his normal Panoz
to a Mustang for the final weekend of the campaign, and made
history for the folks at Ford in the process. Said’s victory
was the first for the Mustang since he drove it to the
checkered flag in the 2001 season opener at Sebring, and the
100th in Ford’s storied Trans-Am Series history, which dates
to 1966. Sunday’s win became possible after Said took the lead
from Tony Ave (#53 Trilithic Panoz Esperante) heading into the
first turn on the 26th of 31 laps and went on to a
4.902-second victory, Said’s series-high eighth of the season
and fifth in a row. Said became only the third driver in 37
years of Trans-Am competition to post as many as eight
victories in a season, joining Tom Kendall (11 in 1997) and
the late Mark Donohue (10 in 1968). His victory enabled him to
finish the season with 359 championship points, and podium
finishes in 10 of 11 starts. “This is a big deal for [team
owner] Mike Davis and the whole ACS Express team,” Said
commented. “It says a lot that in only three years, they’ve
built a championship team. I’m just the guy who gets to have
the fun, and not only do we win races, our cars don’t break.
That’s really something.. |
|
10/27/02
 |
Aussie attendance tops 297,000
3rd UPDATE The Sunday
race-day crowd was held down due to day-long torrential rains
in Surfers Paradise, but still 103,351 people sat in the rain
to watch the race. That brought the weekend total
attendance to 297,808. Only the heavy rains prevented
the total number from exceeding the 300,000+ that was
predicted. We're sure this huge attendance got the
attention of one Mr. Bernie Ecclestone. The IRL does not have
any races, sans the Indy 500, that gets an attendance even
close to these numbers. Mexico City is in three weeks
time, where it's predicted CART will top 500,000 for the
weekend. While we think that is a bit high, one never
knows, as a Mexican, Mario Dominguez, won the Australia
race. 10/26/02 -
A massive crowd of 81,048 watched Saturday qualifying bringing
the weekend total up to 194,457. A race day crowd of
116,000 would bring the total to over 300,000. Stay
tuned.... 10/25/02 - A
Friday crowd of 60,340 brings the weekend total attendance to
113,409 with the two biggest days yet to come.
10/24/02 - A crowd of 53,069 come through the gates
on Thursday in Surfers - a number that was an 11 percent
increase from last year's opening-day crowd.
Considering Thursday is a work day and the Champ Cars were not
on the track yet, the weekend goal of topping 300,000 looks
assured. |
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10/27/02
 |
First Red Bull driver already
in Europe Grant Maiman, one of the four drivers
chosen for the inaugural Red Bull F1 Driver Search, left for
Zurich, Switzerland, Thursday, Oct. 24 to join Jenzer
Motorsport GmbH, a leading Formula Renault 2000 Eurocup team,
to begin testing over the next several weeks. (Go to their
website for team history.) Seat-fitting will
happen over the weekend, and Maiman will be on track by
Monday. With the Jenzer deal done, Red Bull Energy Drink is in
the process of negotiating the other deals with teams in other
European championships for the addition winners, Paul Edwards
of Santa Maria, Calif., Joel Nelson of Reno, Nev., and Scott
Speed of Manteca, Calif.; an announcement identifying these
teams will follow shortly. Formula Renault 2000 Eurocup is a
single-marque series. All cars are the same Tatuus chassis
powered by Renault 2.0-liter engines making 180h.p. Formula
Renault has recently produced such drivers as McLaren¹s Kimi
Raikkonen. (The
website). Maiman was driving from his hometown in
Wisconsin to Daytona Beach, Fla., where he shares an apartment
with another racer, when he got the call from Maxim Sports
Management about the Jenzer deal getting done: "You¹re headed
to Switzerland Thursday, break out the passport again!" Maiman
said, "Great, I¹m ready to rock. FedEx me some clean
underwear, okay?" |
|
10/27/02
 |
Williams for ballast, BMW
against it UPDATE
It appears Williams engine supplier, BMW, does not agree with
Frank - BMW Motorsport Director, Mario Theissen, has said he
opposes the idea of success ballast as team bosses prepare for
the FIA showdown tomorrow. But Theissen disagrees. "We want to
beat Ferrari because we perform better and not because our
opponent is slowed down by putting led at their cars," he told
a German newspaper. However, he agrees that change is needed
to improve ‘the show’. "An upvalued Friday, more excitement,
passing maneuvers and spectacular racing scenes, a view behind
the scenes – some suggestions go in this direction, we support
that." 10/27/02 - Talking to British tabloid The Sun,
Frank Williams now says that perhaps adding a leader penalty
ballast could be the answer, if only as a last resort, to
improve the show in F1. Previously he was against making
changes. "As a last resort I would agree to the adding
of ballast for success," he says. "But only if it was
demonstrated this was the only element which would save
Formula One." The handicap idea is Ecclestone's
brainchild, while Mosley is the man behind the 'driver swap'
proposal. "Max and Bernie are harrying the teams like a
pack of hounds terrorizing a flock of sheep," adds Williams.
"I just hope there will be plenty of clear thinking." |
|
10/27/02
 |
Fernández to miss Fontana
UPDATE Fernández was
transported to Gold Coast Hospital for precautionary x-rays
after experiencing pain in the base of his neck. Although an
initial CT scan came back negative, additional tests were
performed due to Fernandez's discomfort. Per Dr. Steve Olvey,
CART Director of Medical Affairs: "After further CT scanning,
Adrian has two thoracic fractures at T-2 and T-3 [below the
neck]. They do not require surgery and there is no risk to the
spinal column. He will be wearing a cervical collar for
comfort and will keep his flight [to the United States]
tomorrow. "He will not be able to drive [next weekend] at
Fontana, and the question of Mexico City will determined later
in the week." Fernandez has been released from the hospital.
"It's unfortunate that once again I was in the wrong place at
the wrong time," said Fernandez. "The visibility was zero and
everyone was being extra cautious. I was hit from behind and
Tora's car landed on top of my head. It could have killed me.
It was one of those things. It is unfortunate about Fontana,
and I hope that I will feel a lot better and will be able to
race in Mexico City. That decision will be up to the doctors
and we won't know until next week." We wonder if
Max Papis will be called upon to replace Adrian at Fontana.
10/27/02 - Adrian Fernandez has been released from the
Surfers Paradise hospital where all X-Rays proved negative.
He was involved in the big accident at the start of the CART
FedEx race in Surfers Paradise. |
|
10/27/02
 |
Tora Takagi fractures hip
UPDATE Takagi
suffered minor fractures to his pelvis but will be able to
race in Fontana if his comfort level allows him to get in the
car. 10/27/02 - Tora Takagi has a fractured pelvis from the Surfers Paradise
accident at the start of the CART FedEx race in Surfers
Paradise. He is expected to miss the remainder of the
season. |
|
10/27/02
 |
Toyota wins Manufacturers
championship Kenny Brack finished fourth at Surfers
to give Toyota it’s first CART Manufacturer’s Championship to
go along with the Driver’s Championship already won by Toyota
driver Cristiano da Matta. With two races remaining, Toyota
holds an insurmountable 45-point lead, 300-255 over Honda. On
the way to clinching the title, Toyota has won a series-high
nine races to go along with 11 pole positions. The
manufacturer also has led a series-leading 1075 laps - more
than 50 percent of those run this season. Every Toyota-powered
driver has earned at least one fourth-place finish or better
this season. Jim Aust, Toyota vice president of motorsports:
“We’re thrilled to win the CART Manufacturer’s Championship
against some fierce competition. I can’t say enough about all
those involved in the effort – everyone at Toyota, TRD and our
teams and drivers.” |
|
10/27/02
 |
Irvine's solutions to F1 woes
Jaguar Racing driver Eddie Irvine gave his opinions on how to
improve the sport. Many radical ideas have been suggested in
the wake of Ferrari's dominant season but not all of them have
met with positive responses. "They have to do something fairly
quickly and they have to overrule the interests of the big
teams," said Irvine. "But I don't agree with the weight
penalty. Why give Ferrari $30 million of the TV money compared
to a team like Minardi which they then spend on testing and
aerodynamics to make their car go quicker, and then put 30kg
of lead in to take away that $30 million of investment? It's
just stupid." Irvine suggests that the best way of evening up
the playing field would be to limit the amount of money that
the leading teams receive through television coverage, at the
same time limiting their airtime thus forcing the sponsors to
rethink their levels of investment. "Spreading the TV money
more evenly would help," explained Irvine. "Why give Ferrari
most of the TV money? It doesn't make sense. They are only one
eleventh of the show or whatever. The whole thing is about
making the rich richer and the poor poorer and wrecking the TV
show as much as possible. It's not just a case of reducing
costs, it's reducing the amount of money that certain teams
have. "The TV show could be better if you just ignore Ferrari,
because they're not racing, and concentrate on the guys who
are racing -- McLaren, Williams, Jordan, Jaguar. Forget about
Ferrari, they're about trivializing F1. Just take them
off camera and Marlboro, Vodafone and all those people will
soon alter the team policy. Probably within an hour you'll get
results!" The outspoken Ulsterman is also of the opinion that
the sport badly needs a big personality to draw in the crowds
in the mould of a Senna, Alesi or even an Agassi! "A lot of
the drivers don't have anything to say. When you think about
last year, F1 got rid of Jean Alesi, who was one of the
biggest names in F1 ever, even though he'd only won one race.
He was a huge draw and they just let him go and recruited a
whole load of youngsters who don't really do a lot for the
sport. Some of them are good, but who's going to go to
Wimbledon if there's no Pete Sampras or Andre Agassi? It
doesn't take a lot of working out. People are interested in
names." Another possible way of evening things up is,
according to Irvine, by limiting teams to one tire formula
over a race weekend with all teams using the same tire
manufacturer. "Maybe there should be a one tire formula,
although in a lot of cases the racing might be better with two
because sometimes one company has a big advantage in the race
compared to qualifying," said Irvine. "It can spice the racing
up. But it would be more of a level playing field if one tire
company pays to supply the tires for all the teams and the
money is divided. Taking off the electronics won't make any
difference because it didn't help the racing before. The big
problem is you can't follow the guy in front because of the
aerodynamics." Irvine's final suggestion is to restrict the
amount of testing that teams are allowed to do, limiting
everybody to the same mileage. "I would give everyone 3000km
of testing, or some other agreed figure, and that's for the
year. Ferrari did three times as much testing as us this year,
so you take away the advantage of someone being able to run
three test teams. Limiting testing reduces their ability to
buy performance. I would also limit the number of people teams
can bring to a race. If you do that you also limit the amount
of stuff they bring, because there's not the people to operate
it." -jaguar- |
|
10/27/02
 |
Big accident stops Honda Indy
300
2nd UPDATE The rain has
stopped temporarily and the race cars are back on the track
for a restart. The race will restart under the caution.
10/27/02 - CART is deciding whether or not to restart
the race because the rain is falling heavily and lightening
has begun. Dr. Steve Olvey reported that Takagi may have
a fractured pelvis and Fernandez is also going to the hospital
for X-Rays. 10/27/02 - A big accident at the start line
of the Honda Indy 300 under heavy rain has caused a red-flag.
About 8 cars were involved with cars flipping and spinning
everywhere. Adrian Fernandez was taken to the hospital
complaining of slight pain in his neck, though he said he was
OK. Tora Takagi is trapped in his car upside as the
medics work on him. Reports are that his injuries are
not life threatening, but he is complaining of pain in his
pelvic area and has been transported to a nearby hospital for
X-Rays. |
|
10/27/02
 |
Summary of F1 Hot News, week of
October 21st Here
is a
summary
of the F1 Hot news items from the past week. |
|
10/27/02
 |
Hornish & Lazier test 2003
Chevy Days of
rain at Kentucky Speedway were followed by the roar of Chevy
thunder as drivers Sam Hornish Jr. and Jaques Lazier
successfully completed the first track test of the all-new
2003 Chevy Indy V8 engine. Hornish, the two-time and reigning
Indy Racing League champion, ran more than 208 trouble-free
miles in Pennzoil Panther Racing's Chevrolet Dallara. Lazier
completed 82 laps on the 1.5-mile superspeedway in Team
Menard's Johns Manville Chevrolet Dallara before darkness
ended the test.
Story |
|
10/26/02
 |
Hayner takes pole in Virginia
Stuart Hayner made his last lap his best one Saturday when he
claimed the pole position for Sunday’s final round of the 2002
Trans-Am Series for the BFGoodrich Tires Cup at Virginia
International Raceway (1 p.m. ET, live, SPEED Channel). Hayner
(#02 Trenton Forging Chevrolet Corvette) knocked 2002 Trans-Am
Series champion Boris Said off the pole when he recorded a lap
of 107.675 miles per hour (1 minute, 49.329 seconds) on his
final trip around the 3.27-mile permanent road course.
Hayner’s time was just 19 one-thousandths of a second better
than that of Said (#33 Applied Computer Solutions Ford
Mustang), who will join Hayner on the front row following a
lap of 1:49.348 (107.656). “This [Revolution Motorsports] team
has grown so much, especially when you consider that one year
ago we didn’t even have a team,” said Hayner, who earned two
championship points and the Jaguar Pole Award after collecting
his second pole of the season. The two points pulled Hayner
within four (237-233) of Johnny Miller for fourth place in the
championship, and the Jaguar Pole Award gave him a second
opportunity at a two-year lease on a Jaguar XKR Sports Coupe
when the Jaguar Pole Award Giveaway takes place here Sunday
morning. “We keep getting better and better and better,”
Hayner added. “I can’t say enough for this team. They have so
much faith in me, and I in them. It’s been a great
relationship and you can see it in the results we’re producing
on the race track.” Hayner has been remarkably consistent
since late June, posting top-five results in seven of his past
eight starts, including podium performances of third at
Cleveland, Denver and Road Atlanta. He will be seeking his
first victory of the campaign this weekend, but has come close
twice, most recently earlier this month at Miami, where he
held the lead going into the final lap before encountering a
suspension failure. “We’ve had a lot of disappointment this
season, but this isn’t my first year of doing this, and I know
those kinds of things happen,” Hayner said. “When they do, you
pull together as a team and come back even stronger.” |
|
10/26/02
 |
Surfers
race name change
UPDATE We now believe
"CART" is being removed from the name of the Surfers race even
though they just extended the contract through 2008 for one
very simple reason - it's because CART is going to be changing
its name soon - this is what we hear (perhaps this should be
on the rumors page). In fact, as CART aligns with F1 (yes, we
believe it may happen despites Pook's denials,
read this)
you will see the word 'Indy' removed from all the Canadian
race names as well. CART is going to totally disassociate
itself from Indy Car racing and the IRL. Why use the
word "Indy" and give the IRL free advertisements? We
have a hunch CART will change its name to something that
includes the words F1 in it. F1A is our favorite - Formula 1
Americas. Stay tuned....As for F1 running a race at
Surfers, yes, in the form of a new CART/F1 series, because we
don't see the Australian F1 race moving out of Melbourne
anytime soon. 10/25/02 - This
article in an Australian newspaper says, glamour
motorsport Formula One may be brought to Surfers Paradise as
part of a long-range plan by the series owner, British
billionaire Bernie Ecclestone. Mr. Ecclestone is in talks with
the motoring organization (which Pook has since denied),
Championship Auto Racing Teams, which stages the Surfers
Paradise Indy event. Yesterday, Gold Coast councilors were
briefed by the city solicitor on a planned change to the Indy
Act, which would remove all mention of CART. The revised Act
will allow for the running of a 'Gold Coast motor race', not a
Gold Coast CART race. This change will smooth the way for the
entry of Formula One, which is keen to acquire 51 per cent of
CART to use it as a breeding ground for future F1 drivers.
Gold Coast Indy bosses have lauded the possibility of a
strategic alliance with Formula One. Honda Indy 300 chairman
John Cowley said that, if a Formula One deal came across the
table, 'we'd certainly have to look at it'. "Our aim is to
give the fans the best and we're continually improving this
race," he said. Mr Cowley said the spectacular Surfers
Paradise track was often compared to Monaco as a street
circuit. "It could host a Formula One . . . no doubt about
that," he said. In Quebec, Canada, the Molson circuit is used
for both CART and F1. |
|
10/26/02
 |
CART's
new Mr. Excitement Move over Michael Andretti, CART
has a new Mr. Excitement. Whereas Michael Andretti used
to be the most aggressive driver on the CART, attacking curbs
and letting it all hang out, while becoming CART's winningest
driver in history, Paul Tracy has taken over the role of Mr.
Excitement. Here he flies over the curbs in Surfers
Paradise, not unlike Michael Andretti used to do when he was
capable of winning races on the CART circuit.
Unfortunately Andretti's winning ways on road circuits are long
behind him, and he's heading to the IRL where whether you win
or lose has more to do with what you are driving than how you
are driving it. |
|
10/26/02
 |
Final Martinsville TV rating
The final rating for NBC's coverage of the Old Dominion 500
from Martinsville yielded a 4.4 rating and 10 share, reaching
4,722,000 households, up sharply from the overnight rating of
3.9. The Martinsville rating built steadily throughout the
telecast, peaking with a 5.0/11 from 3:30 - 4 p.m. ET. There
is no comparison to last year, which was rain-delayed on TNT
on a Monday. The race was the 9th ranked sporting event on
over-the-air TV for the week. Overall, NASCAR ratings on NBC &
TNT are up 13 percent from last year's 3.8 rating to this
year's 4.3 national rating and 10 share. |
|
10/26/02
 |
Remainder of 2002 testing
schedules
Ferrari
November 26-28th Barcelona
December 3-5th Barcelona
December 12-15th Jerez
Williams
November 26-30th Valencia
December 3-5th Barcelona
December 12-14th Jerez
McLaren
November 26-28th Valencia
December 3-5th Barcelona
December 10-14th Jerez
Renault
November 26-28th Valencia
December 3-5th Barcelona
December 10-14th Jerez
Sauber
November 26-28th Valencia
December 6-8th Jerez
December 11-13th Barcelona
Jaguar
November 26-28th Valencia
December 3-5th Barcelona
December 10-14th Jerez
BAR
November 26-28th Barcelona
December 3-5th Barcelona
December 12-15th Jerez
Toyota
November 26-28th Valencia
December 2-5th Paul Ricard and Barcelona |
|
10/26/02
Industry News |
Nazareth downsizes staff
A consolidation of operations of Nazareth and Watkins Glen
speedways has resulted in four Nazareth employees, including
general manager Bill Darcy, losing their jobs. But Craig Rust,
who serves as president at both Nazareth and Watkins Glen,
said that even behind the dark cloud of downsizing is a silver
lining that can mean a more efficient and streamlined
operation at both facilities. ''It's unfortunate that we
brought him all the way back up here for only six months,''
Rust said of Darcy, who will be assigned to another position
in International Speedways Corp., which owns 12 tracks and has
a controlling interest in another. Darcy, for whom the April 1
move from the ISC corporate marketing department in Florida to
the G.M. spot in Nazareth was a kind of homecoming — he
graduated from Moravian College — will be at Nazareth for
about two more months in the transition period. His future
assignment is undetermined. Mike Preston, senior manager of
public relations at Nazareth, will remain and may see his
duties increased. At the same time, Tim Coleman, general
manager of operations at Watkins Glen, also will take on those
responsibilities at Nazareth. ''This is a business decision
that makes a lot of sense, especially considering the close
proximity of the two tracks,'' said Rust, who took the Watkins
Glen presidency in the spring of this year. ''I have been
overseeing Watkins Glen for six or seven months now. We wanted
to see if we could make work on a sales and marketing level.
That was successful. Now we are moving forward. We have a good
staff between the two tracks, and we have resources we didn't
have before.''. |
|
10/26/02
 |
Latest F1 Hot News
A Crucial Day For
Formula One
Da Matta Set For
F1 Switch
Axe Falls On
Historic Spa
CART Deny Formula
One Merger
All Is Rosy At
Jordan?
F1 News In Brief
|
|
10/26/02
 |
Michael Andretti feeling his
age Michael Andretti was shocked when he heard the
fast laps some of the best drivers in the world were turning
at Surfers today, namely Bruno Junqueira and Cristiano da
Matta. He was overheard on his radio saying, "wow, I
can't go that fast." He ended up a whopping 2.2 seconds off of
pole We have long maintained that road racing is all
about fast reflexes and 40-year old Michael Andretti appears
to have lost them, consistently qualifying in the back-half of
the field at all the road courses. He should fare much
better in the 100% throttle racing in the IRL, where the car
is far more important than the driver. |
|
10/26/02
 |
CART surpasses 2 millionth fan
for 2003 The two-millionth fan to attend a CART
FedEx Championship Series event in 2002 came through the gates
of the Surfers Paradise street course Saturday, but the
experience was nothing new for Nives Ceccato. Ceccato, a
resident of Mermaid Waters, a suburb of the Gold Coast, came
through the front gates at approximately 12:06 p.m. Saturday
to raise the season's attendance count to 2,000,000 through
the first 17-plus events of the year, and was immediately met
by CART CEO and President Christopher R. Pook along with
delegates from this weekend's Honda Indy 300. Ceccato has been
to every running of the Honda Indy 300 on the Gold Coast of
Australia, but will see this one from an entirely different
light after being named the year's two-millionth fan. Ceccato
and her family will get VIP treatment for the weekend and will
be included in selected race ceremonies, such as participating
in the Pole Award ceremony after Saturday qualifying. The
Ceccato family will have access to CART and Honda Indy 300
suites, will receive pace car rides as well as CART and race
merchandise. The family will also receive a free trip to a
North American CART event of their choice next season. "I had
to call my husband John and tell him about it because he had
to work and he didn't believe me," said an excited Ceccato.
"My brother-in-law had to call him back and tell him that we
had really won." This year's Honda Indy 300 has already drawn
113,436 fans to the first two days of the event, with Saturday
qualifying and Sunday's 70-lap race to follow. |
|
10/25/02
 |
Loss of FedEx no big loss at
all We have long maintained that FedEx is the wrong
sponsor for CART. CART needs a series sponsor that sells
to consumers/fans, not 99% business-to-business. They
need a sponsor who will use the series to market their
products. CART President Chris Pook had this to say -
“The relationship was wonderful—they shipped a lot of stuff
out of our paddock,” Pook said. “As a series sponsor, we loved
them. But the fact of the matter is in these sort of series,
you have to have a series sponsor who activates to the retail
market. That was not FedEx's game plan, that was never their
game plan. “I hope they will continue to work with us, but I
must say that other freight companies are talking to us pretty
rapidly. We need to activate a series sponsor who can reach
our retail audience.” Oh, and if the IRL gets
FedEx, same problem. |
|
10/25/02
 |
Atlanta qualifying rained out
NASCAR Winston Cup Bud Pole Qualifying for Sunday's NAPA 500
was rained out. The decision ended a daylong battle in which
the opening of track activity was delayed six hours and NASCAR
Busch Series qualifying for Saturday's Aaron's 312 was also
canceled. The 43-car Winston Cup lineup was set according to
the rulebook, with point leader Tony Stewart starting on the
pole in the No. 20 Home Depot Pontiac, next to second-place
Jimmie Johnson's No. 48 Lowe's Chevrolet. |
|
10/25/02
 |
CART stock watch
MPH closed at $4.90 Up $0.16 on
Volume of 69,400 shares.
$4.23 Bid - $5.25 Ask on close.
Session Low/High $4.70 / $4.92
MPH Value Change Up 3.38%
MPH’s value is Up 48.5% since hitting it’s 52 week low of
$3.30.
DOW Jones Up 127.06 or 1.53% on Volume of 1.6 billion shares.
NASDAQ Up 32.41 or 2.5%
S&P 500 Up 15.15 or 1.72%
Courtesy of C3I.AndersonGroupe - Chicago
www.andersongroupe.com |
|
10/25/02
 |
Brand new design for Jordan
After ending the 2002 season on an upbeat note, Jordan is
already busy preparing for next year and is on track with
plans for an all-new design for 2003 -- the EJ13. The car will
not be an evolution of the 2002 EJ12, but will instead feature
an entirely new look. Built around the Ford Cosworth RS
engine, the EJ13 has been evolving since the early summer,
when the team negotiated a deal with Ford of Europe to secure
the new engine supply. Henri Durand, Jordan's Director of
Design and Development, said, "We have created a brand new
design concept for the EJ13. In addition, the Ford Cosworth
engine is comprehensively different from the Honda we used
this year, so there will have to be an entirely new chassis
and a new gearbox before we can run it." "Since June we have
been planning a mid-January launch and to date everything is
on schedule. When you have a radically different package, it's
irrelevant and impractical to build an interim car --
something that is only done when you are keeping the basic
ingredients the same." "Also, teams generally build an interim
car to test an engine which has got some risk of not
performing adequately or reliably. We are totally confident
that the Ford Cosworth engine we have next year will be one of
the best on the grid and one of the most reliable. As a result
we simply do not have any technical reason to build an interim
car." Jordan |
|
10/25/02
 |
Confusion over Pook and
Ecclestone talks This Planet F1
article pretty much sums up the confusion that the
media is having over trying to make heads or tails about
whether something is up between Pook and Ecclestone regarding
CART's future. However, where there's smoke....there's
fire. |
|
10/25/02
 |
NASCAR drivers appear in
Playgirl
Larry Foyt, the 25-year old Busch driver of the No. 14
Harrah's Chevrolet, is single and possesses "smoldering good
looks". He is one of the 10 Hottest Hunks of NASCAR according
to Playgirl Magazine. He is featured in the November issue.
Since there was no formal photo shoot (he was unaware of the
"honor"), we are assuming he appears in his Harrah's Racing
uniform. Other drivers included were Jeff Gordon, Tony
Stewart, Dale Earnhardt Jr., Jimmy Johnson and Ryan Newman. |
|
10/25/02
 |
Cheever to semi-retire
Eddie Cheever Jr. a 44-year-old Phoenix native, said Tuesday
that he likely will become a part-time Indy Racing League
driver next season and possibly will enter only the
Indianapolis 500. "I seriously doubt I'll be doing a full
season next year," said Cheever, an IRL owner/driver who won
the 1998 Indy 500. "I would put the odds at no more than 30
percent that I'll be doing a whole season, but I'll probably
do Indy. After working with Buddy (Rice) and Tomas (Scheckter)
this year, I see I don't have the same enthusiasm for a whole
season as they do. "But I also have just too many other
business interests that I can't take care of when I'm required
to race a full season. I have spent the last three weeks on
airplanes going back and forth to Europe, and I have nine
hours of meetings every day. There's just not enough time to
do everything." So something has to go, and it's likely the
amount of days Cheever spends behind the steering wheel. "I
definitely have a great passion for Indy and I still feel like
I can drive a race car," Cheever said. "But driving a race car
is not the issue. The issue is how I can continue to grow this
racing team. The racing team needs to be successful and it
needs to be winning races." |
|
10/25/02
 |
Bruton Smith supports lawsuit
against NASCAR
According to this Dallas Forth Worth Star-Telegram
article, A month after its chairman and chief
executive officer said he was in favor of the lawsuit that
could yield Texas Motor Speedway a second NASCAR Winston Cup
date, Speedway Motorsports Inc. confirmed that support in
documents filed Wednesday in U.S. District Court in Sherman.
SMI acknowledged and clarified facts of the case in its answer
to the lawsuit filed by Plano resident Francis Ferko, an SMI
shareholder, against NASCAR and International Speedway Corp.,
a Daytona Beach, Fla.-based company that operates tracks that
host NASCAR events. ISC and NASCAR are jointly owned. SMI is a
nominal co-defendant in the case. SMI's answer comes nearly
three weeks after U.S. District Judge Richard A. Schell denied
motions by NASCAR and International Speedway Corp. to dismiss
Ferko's suit. Replies from NASCAR and ISC are due next month.
Ferko attorney Samuel A. Cherry Jr. said he considers SMI's
answer an endorsement of the case. "We're pleased to receive
their answer, which, in our opinion, validates the underlying
factual premise upon which the litigation was originally
filed," Cherry said from his office in Dothan, Ala. "After
some minor factual clarifications, they agree with the
lawsuit." |
|
10/25/02
 |
Latest F1 Hot News
Williams Chase Aero
Improvement
F1 News In Brief
(1)
Villeneuve Slams
Oval Series IRL
Beijing Build Own
F1 Circuit
F1 News In Brief
(2)
F1/CART Alliance
Heats Up
No More Testing
For Jordan
Pedro Urges: Ban
Team Orders
Formula One
Welcomes Chinese Move
F1 News In Brief
(3) |
|
10/25/02

 |
A 2nd China F1/CART track
begins construction UPDATE
The track would be 13 to 18 meters wide (i.e. very wide) and
5.9 km long, 450 meters longer than Shanghai’s.
10/24/02 - Hmm, F1 in Shanghai and CART in
Beijing? The city of Beijing has started construction of
an F1-standard circuit to rival the venue in Shanghai which
was approved last weekend to stage the Chinese GP, reports
China Daily. The first foundations of the $121m project were
laid in a Beijing suburb on Wednesday after the FIA approved
the design. Chu Zhaoge of Beijing International Circuit Co
said he was confident that the new track would be suitable for
F1 racing. Beijing Circuit Boss Chu George told the China
Daily that the circuit’s backers, though not revealing their
identity, were already heavily involved in Formula One. ‘Our
international partners are major sponsors of F1 and other
international racing competitions and they promise to bring
high-level racing games to Beijing in the near future,’ he
said. This is another example where Bernie Ecclestone
can use CART to fill in the gaps where F1 can't meet the
demand. |
|
10/25/02
 |
CARA auction website opens
The popular ‘runway madness Viva Las Vegas’ charity
extravaganza set for Friday, Nov. 1, has already opened its
doors for participants with the annual online auction of
valuable racing items and ‘one-off’ products for CARA
Charities. The auction website, featuring a variety of racing
collectables and entertaining specialty gifts, will be found
on
www.auction.caraux.org. This year’s charity event, a
kickoff for the Nov. 3 The 500 presented by Toyota at
California Speedway, will feature a Las Vegas theme and will
have four continuous activities including a Lounge Stage, a
full casino, special VIP (high roller) gambling room and a
silent auction. The online auction will be a separate portion
of the charity event. “Runway madness Viva Las Vegas” is an
annual benefit dinner and party held prior to the CART race at
California Speedway and is a primary fundraiser for CARA
Charities to assist worthwhile causes on a national and
international scope. |
|
10/25/02
 |
Montoya does not invite Ralf to
wedding
UPDATE Ralf didn't invite
Juan to either of his TWO wedding ceremonies. Considering that
Chicken Ralf was scared about coming to the USGP last year
after 9/11...I don't think he would have been too keen to
travel to the kidnapping capital of South America. cheers,
Graham Brown Sacramento, Ca 10/24/02 - Williams
driver Juan Pablo Montoya will marry long time girlfriend
Connie Freydell on Saturday the 26th of October after a two
year engagement, in a church at the seaside resort in Northern
Cartagena. The religious ceremony, for which many security
measures have been implemented, will proceed in the presence
of more than 300 guests. Included in the guest list is new
Colombian president Alvaro Uribe and his predecessor Andres
Pastrana,. Juan Pablo's boss and team owner, Sir frank
Williams, will also be in attendance along with Ferrari driver
Rubens Barrichello. Ironically Juan's teammate Ralf Schumacher
was not invited to the ceremony. |
|
10/25/02
 |
Scenes from opening practice in
Australia

(L) Team Player's driver Alex
Tagliani sits in the pits while his teammate Patrick
Carpentier returns to the pit after some hot laps. (C) Patrick
Carpentier hops over a curb. (R) Patrick Carpentier watches a
model pose for pictures in front of his Ford/Reynard.
Photos by Paul Strak |
|
10/25/02
 |
Da Matta paces opening practice
Cristiano da Matta set the pace in opening practice for
Sunday's Honda Indy 300, Round 17 of the 2002 CART FedEx
Championship Series. Driving the Caltex/Havoline Toyota/Lola,
da Matta toured the 2.795-mile temporary circuit with a top
time of 1:32.977, good for average speed of 108.220 miles per
hour. Adrian Fernandez was second fastest in the Tecate/Quaker
State/Telmex Honda/Lola and Jimmy Vasser was third in the
Shell Ford-Cosworth/Lola. Qualifying is up next. |
|
10/25/02
 |
Da
Matta sports #1 Cristiano Da Matta of Brazil and the
Newman Hass Racing team unveils the number one on his car
after he recently became the Cart Fedex champion, as he
prepares for round 17 of the Cart Fedex Championship Series,
Gold Coast, Australia on October 27, 2002. (Photo by Robert
Cianflone/Getty Images) |
|
10/25/02
 |
Pook: IRL drivers headed down
or sideways Chris Pook says in a Press-Enterprise
article, "If you're talking about people/drivers going
sideways to the IRL, I think that's a different series
completely. What we're interested in doing is developing young
racing car drivers so they can go up in their careers, not
down in their careers or sideways." |
|
10/25/02
 |
CART extends Aussie contract
through 2008 As yet another of the wildly successful
CART FedEx Championship Series events on the Gold Coast of
Australia gets underway this weekend, CART and the organizers
of the event in Surfers Paradise today announced the signing
of a new contract to bring the high-speed Champ Cars back to
the Australian streets through the year 2008. This year's
Honda Indy 300 marks the 12th season that CART will race in
the streets of the Queensland resort town and the event has
been breaking attendance records nearly every season of its
existence, cementing its status as one of the highest-drawing
events on the CART schedule. The contract, announced today by
the Hon. Peter Beattie, Premier of the State of Queensland,
John Cowley, Chairman of Gold Coast Motor Events Company, the
organizer of the event and Christopher R. Pook, CART President
and CEO, will keep the event in its late October time frame
for five more years following the current term which was to
expire in 2003. "The event in Surfers Paradise has long been
an example of how a race should be run and we are very pleased
to be able to continue our relationship," said CART President
and CEO Christopher R. Pook. "The event is extremely popular
with our drivers, teams, sponsors and most importantly the
public. The event is a very important part of our ongoing
strategy to deliver key markets to our constituents and this
agreement reflects the value that our series can deliver into
a vital market such as the State of Queensland." The four-day
event is expected to draw over 300,000 fans this year, and saw
a crowd of 53,069 come through the gates on Thursday - a
number that was an 11 percent increase from last year's
opening-day crowd. "This event injects an estimated $50million
into Queensland's economy each year and we're well on target
to attract record crowds of more than 300,000 over the four
days of racing for the first time - double the original
attendance in 1991," Beattie said. "Breaking the magical
300,000 mark will be a great achievement. It would also be a
testament to the excellent cooperation between the State
Government, private enterprise, the local community and the
motor racing organizations. |
|
10/25/02
 |
Ecclestone the most feared of
all In his latest
article, Ed Hinton says, Riding to CART's rescue may
be the only racing czar in the world who is even richer, more
powerful and more controversial than NASCAR Chairman Bill
France Jr. Formula One chieftain Bernie
Ecclestone reportedly is close to acquiring a controlling
interest in CART........Ecclestone is the most feared
individual in all of motor racing. The diminutive Englishman
singularly transformed F1 from an aristocratic playground of
gentlemen drivers into the world's most ruthless and lucrative
motor sport. Food for thought - Ecclestone
is reportedly worth around $5 billion and the Hulman George
family about $1 billion. If true, Ecclestone could force
Tony George into a battle for open wheel supremacy in the USA
that would see George forced to deplete his entire family
fortunes before the dust is settled. |
|
10/24/02
 |
CART stock watch
MPH closed at $4.74 Up $0.30 on
Volume of 153,400 shares.
$4.11 Bid - $5.09 Ask on close.
Session Low/High $4.44 / $4.91
MPH Value Change Up 6.76%
DOW Jones Down 176.93 or 2.08% on Volume of 2.1 billion
shares.
NASDAQ Down 21.52 or 1.63%
S&P 500 Down 13.64 or 1.52%
Courtesy of C3I.AndersonGroupe - Chicago
www.andersongroupe.com |
|
10/24/02

 |
GP of the Americas good for
Miami After years of obeying a posted 45 MPH speed
limit, some 85,000 spectators saw cars racing down Biscayne
Boulevard at speeds close to 180 MPH during the inaugural
Grand Prix Americas, held October 4 – 6, 2002 in the streets
of Downtown Miami. Fans witnessed local Brazilian driver
Cristiano da Matta clinch the 2002 CART FedEx Championship
Series, enjoyed concerts by Grammy Winners Nestor Torres and
Train and were able to catch glimpses of stars such as Grand
Prix Americas Grand Marshall Sofia Vergara, Boys II Men, Mike
Piazza and Lenny Kravitz. “The event was a huge success,” said
Chuck M. Martinez, president and general manager of Grand Prix
Americas. “Three days of racing, two concerts and a host of
performers and celebrities all helped this international
celebration in Downtown Miami live up to its Blast by the Bay
moniker. We could not have hoped for a better start for our
event.” In addition to attracting thousands of spectators to
downtown Miami, the final television rating for Sunday’s CBS
broadcast of the Grand Prix Americas was 1.4 with a 3 share,
reaching 1,449,000 households. This was the largest television
share for any CART race this season. “This is the caliber of
event needed in downtown Miami,” said Rodrigo Trujillo,
director of marketing for Hyatt Regency Miami. “Even our
guests who were not here for the race were asking us how they
could get tickets. People are already asking us about next
year’s event. Our goal this year is to market the Grand Prix
Americas to our international clients.” According to Greater
Miami Convention and Visitor’s Bureau officials, downtown
hotel occupancies were slightly above 90%. This was up
significantly from last year's average occupancy of the same
hotels at 64% and still up considerably from the 72% during
the same time period in 2000. The event will only get
bigger and better as time goes on. |
|
10/24/02
 |
Don't write CART's obituary
just yet This
article in the Portland Oregonian says don't write
CART's obituary yet. Formula One's top man, Bernie Ecclestone,
apparently is poised to become the majority owner of CART and
will turn it into a development ground for his international
series. "If it happens, it will bring a huge amount of energy
to the series," said Mike Nealy, who promotes Portland's G.I.
Joe's 200 CART race with the Portland Rose Festival
Association. That's an understatement. |
|
10/24/02

 |
CART engines to mirror F1
V-10's UPDATE
AR1 was recently told (but could not be confirmed) that a
16,000 RPM limit has been discussed for 2005. That's
down 3,000 RPM from the current F1 engines, and since by 2005
the F1 engines might be close to 20,000 RPM, that would mean a
4,000 RPM drop. Capped at 16,000 RPM, the engines would
still scream, but the cost to build such an engine would be
significantly reduced. More importantly, there would be
more parity between manufacturers, giving even a team such as
Minardi a fighting chance. Since existing CART engines
reach 17,000 RPM with just 8 cylinders, getting to 16,000 RPM
with 10 cylinders (smaller pistons) can be attained with less
exotic materials and less technology. 10/24/02 - The CART series is heading towards an engine
rules package to mirror the power units used in Formula 1,
according to a story in this week's AUTOSPORT. CART boss
Chris Pook has admitted privately that he favors introducing
an engine formula which uses three-liter V10 powerplants when
the series' new regulations package comes into effect for
2005. This would bring Champ Car engine configuration
into line with F1. Pook is known to have entered into talks
over the past month with F1 supremo Bernie Ecclestone to bring
an entente between CART and grand prix racing. Speaking
at a press conference ahead of this weekend's CART race at Sufers Paradise, Australia, Pook admitted that he thinks a
closer link with F1 would be good for motorsport. He
said: "If there's a possibility to work out a relationship
whereby we can help develop Formula 1 drivers or some of the
guys over there on the back end of their careers, they can
come and run with us," he said. "I think that would be very
positive for motor sports." As was suggested in
Mark Cipolloni's the
Phoenix is about
to rise article, a detuned lower cost F1 engine,
common to both series, is a win-win for all party's. F1
costs are driving teams to bankruptcy. It's time to
reduce the technology and cost and focus on better racing and
healthier teams. |
|
10/24/02
 |
The name game
So how did MK Racing decide upon the name Falcon Cars for its
new Indy Racing League chassis for 2003? The 7-year-old
grandson of co-owner Ken Anderson named it. “That was a funny
story,” co-owner Michael Kranefuss said. “Actually we had to
buy it from Ken’s grandson. He came in one day and said the
fastest animal in the world is the peregrine falcon. In order
that I wouldn’t run into any legal problems from him, we did a
contract, and I bought the rights from him for $100.” |
|
10/24/02
Industry News |
Indy grandstand gets facelift
Sections of the Southwest Vista grandstand at the Indianapolis
Motor Speedway are being dismantled and rebuilt as part of the
Speedway’s normal offseason maintenance program. The Southwest
Vista, located outside the exit of Turn 1 and the first part
of the south short chute between Turns 1 and 2, was
constructed in three parts in the late 1960s. Approximately
one-third of the Southwest Vista was dismantled and rebuilt
between October 2001-May 2002. “It is simply part of the
normal, periodic refurbishment and renovation of our older
grandstands structures,” said Kevin Forbes, director of
engineering and construction for the Speedway. “It is time to
take them apart and virtually make them new again.” The stands
will be rebuilt exactly as they appear now, with no seats
removed or added. “The whole thing comes down a piece at a
time, it gets shipped off to a facility where it is completely
sandblasted down to bare metal,” Forbes said. “Then at these
facilities, the whole completed piece will be hot-dipped
galvanized and brought back for reassembly.” The same process
was completed in past years to the South Vista on the outside
of the short chute between Turns 1 and 2 and to the H and J
Stands on the outside of the exit of Turn 4. Parts of the C
Stand underneath the Hulman Terrace Suites on the
mainstraightaway also were refurbished in previous years.
“There are a couple of things that some spectators may
notice,” Forbes said. “They (stands) will have a much more
pleasing appearance, there will be no signs of rust, no signs
of peeling paint and no signs of different colors of paint.
“Also, the majority of the Southwest Vista still has wooden
seats – they will be replaced with aluminum seats.” The
project will not affect seating for any IMS event and will be
complete in time for the 87th Indianapolis 500 on May 25,
2003. |
|
10/24/02
Industry News |
Dover issues dividend
UPDATE Dover also issued a
press release saying they are buying back 2 million
shares of stock on the open market. 10/24/02 - Dover Motorsports - owner and promoters of tracks used by
NASCAR, CART, the IRL and NHRA - has declared a quarterly cash
dividend on both classes of common stock of $.01 per share.
This represents a reduction in the dividend rate from the
previous $.02 per share. The dividend will be payable on
December 10, 2002 to shareholders of record at the close of
business on November 10, 2002. Dover Motorsports' owns and
operates Dover International Speedway in Dover, Delaware;
Nashville Superspeedway near Nashville, Tennessee; Gateway
International Raceway near St. Louis, Missouri; and Memphis
Motorsports Park near Memphis, Tennessee. It also organizes
and promotes the Toyota Grand Prix of Long Beach in
California, the Shell Grand Prix of Denver in Colorado and the
Grand Prix of St. Petersburg in Florida. |
|
10/24/02
 |
Gordon and Earnhardt miles
ahead
While the NASCAR Winston Cup Series has enjoyed increasing
popularity over the last few seasons, only four-time Winston
Cup champion Jeff Gordon and Dale Earnhardt Jr. possess broad
national commercial appeal, according to the results of a new
survey by The Sports Business Daily, which show that Gordon
and Earnhardt Jr. are by far the most marketable drivers in
NASCAR. The rest of the top five, which includes Jimmie
Johnson, Tony Stewart and Dale Jarrett, may be household names
within the NASCAR community, but our survey suggests that they
still lack national appeal outside of the sport. The Sports
Business Daily surveyed close to 100 marketing, advertising
and PR execs, sponsorship consultants, sports business
journalists, NASCAR analysts and other experts over the past
month. All were asked: “In your opinion, who are the five most
marketable drivers in NASCAR?” Drivers were awarded points on
a sliding scale – with five points given for a first-place
vote down to one point for a fifth-place vote. The survey
results for the top ten drivers are:
Driver Team Sponsor Total Points Ballots Left Off
Jeff Gordon DuPont 417 2
Dale Earnhardt Jr. Budweiser 401 1
Jimmie Johnson Lowe’s 164 37
Tony Stewart The Home Depot 162 35
Dale Jarrett UPS 96 56
Michael Waltrip NAPA 44 75
Rusty Wallace Miller Lite 31 80
Ryan Newman Alltel 22 82
Kyle Petty Sprint Dodge 18 84
Jeff Burton Citgo 16 86
Mark Martin Pfizer/Viagra 16 87 |
|
10/24/02
 |
2003 #45 car to be unveiled
Executives from Georgia-Pacific and Petty Enterprises will
mark Georgia–Pacific Qualifying Day at Atlanta Motor Speedway
with the unveiling of the 2003 #45 G-P/Petty Enterprises Dodge
at 5:30 p.m. on Friday, Oct. 25 at Atlanta Motor Speedway’s
Infield Media Center. A. D. (Pete) Correll, Georgia-Pacific
chairman and CEO; Richard Petty, seven-time Winston Cup
champion and Petty Enterprises chairman; and Kyle Petty, Petty
Enterprises CEO and the driver of the #45 car, will unveil the
new design. In September, Georgia-Pacific and Petty
Enterprises announced plans to shift G-P’s NASCAR sponsorship
to the #45 car in 2003, with Petty Enterprises’ lead driver,
Kyle Petty, behind the wheel. This will be the first look at
the 2003 #45 car and the new identity created to launch the
relationship between Kyle and G-P. After a long history of
motorsports involvement, including a past sponsorship in the
NASCAR Craftsman Truck Series working with Petty Enterprises
and Dodge, Georgia-Pacific joined the Winston Cup circuit two
years ago as a primary sponsor with Petty Enterprises. |
|
10/24/02
 |
F1 principals hail Chinese GP
We have been saying it for a long time. Now F1 folks are
tripping over themselves saying what a great idea it is to be
going to China. Of course CART, worried about appeasing
all the sponsors and teams who ended up deserting them anyway,
didn't understand the significance, and lost China as well as
those they were worried about appeasing. We find that
quite ironic. As an example of what the F1 teams think
- Williams commercial director Jim Wright believes that there
will be tangible benefits from the fact that F1 will become
one of the few international sports to gain exposure within
the Chinese marketplace. "Potentially it is an enormous
breakthrough," he said, "because it opens up whole new
possibilities for us – there is not a single one of our
sponsors who feel that they do not want to be marketing in
China." |
|
10/24/02
 |
Da Matta calls proposal
insulting Reports of CART being a feeder series to
F1 have been met with criticism by some members of the CART
community currently in Australia. The 2002 series champion,
Cristiano da Matta, was one of those people labeling the idea
as insulting. “There's a bunch of guys over here that
are a lot better than a lot of the guys that are in Formula
One,” Da Matta said when asked of his thoughts on the idea.
“So it'd be strange to have a training series where you have
guys that are better than the other side.” AR1 has heard
rumors, which we are not sure we can believe, that the feeder
series ideas are just a smokescreen right now, and that Bernie
may have bigger plans for CART. Let's see how it all
plays out. |
|
10/24/02
 |
Paul
Tracy shaves his head Team Player's driver Alex
Tagliani spent some time relaxing on the beach at Surfers
Paradise with fiancée Bronte Kok (a BarterCard girl) and
fellow Canadian CART driver Paul Tracy before Friday's first
practice sessions for the CART Australian Indy 300. The
Canadian driver hopes for a repeat performance of the podium
finish he had in Australia in 2001. Notice Paul's shaved
head. |
|
10/24/02
 |
BAR to resume testing
Young BAR tester Anthony Davidson will kick off the Brackley
team's testing efforts on November 26 at the Barcelona
circuit. The 23-year-old will be on track for three days as
the team starts work on research and development for next
season's BAR005 chassis. The 005 will be the first BAR that
former Williams aerodynamicist Geoffrey Willis has been fully
responsible for. |
|
10/24/02
 |
Latest F1 Hot News
Schumacher Not Ready
To Quit
All-American Dream
Called Off
Raikkonen: France
Was Tough
Future Of Formula
One Looms
Massa Ponders
Testing Roles
Bitter-Sweet For
Ralf And Williams
Burti To Lose
Ferrari Seat?
Dennis Remembers
Ayrton Senna
F1 News In Brief |
|
10/24/02
 |
Da Matta switches to car #1
2002 CART FedEx Championship Series title winner Cristiano da
Matta (#6 Caltex/Havoline Toyota/Lola/Bridgestone) has earned
the right to wear the champion's digit by virtue of a
dominating campaign that has seen him win seven races, and
will take full advantage of the opportunity starting in
Surfers Paradise. Da Matta today removed the No. 6 from the
front of his Newman/Haas Racing machine in a brief ceremony on
Pit Lane and replaced it with the No. 1, which he will wear on
his car starting with this weekend's Honda Indy 300 and for
the remainder of the CART season. "It's a pleasure to drive
the car with the number one because I've been running after it
all year," da Matta said. "All of the times that I have won
championships before, I have moved up to another series the
next year so I never actually got to run it on my car." Da
Matta becomes the first driver since Gil de Ferran to wear the
No. 1 plate on his Champ Car, de Ferran having earned the
honor by winning the 2000 series championship. "I'm not a
superstitious guy and I don't expect changing our number to
have any effect on how we perform," da Matta said. "I think
it's a fitting tribute to our team and the season that we have
had so far." |
|
10/23/02
 |
CART Stars of Tomorrow karting
event gets TV coverage The CART Stars of Tomorrow
national office has announced several new developments
regarding the Grand National event to be held in Las Vegas
November 7-10, 2002. The Grand Nationals will be
televised by Speed Channel in a one-hour broadcast on the
following dates (all times Eastern Standard Time):
Friday, December 6 7:00 pm
Friday, December 6 12:00 am
Saturday, December 7 5:00 pm
Friday, December 13 1:00 pm
Friday, December 20 5:00 pm
Stars founder Bryan Herta was excited. “We are very proud to
again bring the CART Stars of Tomorrow series to television
and give our sponsor, Snap-on.com the exposure they deserve.
Bringing our show to Speed Channel’s 64 million subscribers is
a big step forward in our continuing efforts to showcase this
great sport.” Herta also was enthusiastic about the time slots
of the shows; “These airtimes are unprecedented for a kart
race, with prime-time and sporting-friendly days and times, we
stand to expose more people to kart racing in two weeks than
at any other time in its history.” To complement the TV
package, Stars has announced several offerings to permit
karters the opportunity at exposure. Foremost among these is
the opening of entries to all karters for the Grands. “We have
decided to open the Grand Nationals up to all comers” said
Herta. “With what is developing for this event and 2003,
including the TV deal and other exciting opportunities, we
felt it best to let everyone participate at the earliest
possible moment. There are many ICC, 80cc Junior, Rotax, ICA,
and other karters who should realize the benefit of racing
with this sort of exposure.” To support those racers
that have supported the series in 2002, all drivers on the
Stars eligibility list will have a guaranteed starting
position for the main event in their class. The list can be
found at www.cartstars.com.
Additionally, Stars is proud to announce an offer in
conjunction with fuel sponsor VP Fuels which will supply five
gallons of free fuel to the first 75 paying entrants (the top
three in each region already get free fuel). “We said at the
beginning that we wanted to get away from financing a racing
series on the backs of the karter, and this is one more way we
can do that. We know every little bit helps the racing budget,
and fuel will be one less worry for these entrants” concluded
Herta. The CART ‘Stars of Tomorrow’ karting series is
the official first level in CART’s driver development system.
Specifically designed as a driver development series, 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. |
|
10/23/02
 |
If it ain't broke, don't fix it
To some, that NASCAR's points system was born amidst beer and
peanuts in a bar says much about the sanctioning body. To
others, it's only fitting that paper napkins and the Boot Hill
Saloon contributed to what has grown into a
multibillion-dollar business.
Story |
|
10/23/02
 |
Biffle in #44 at Rockingham
Greg Biffle will be substituting in the #44 Petty Enterprises
entry at North Carolina Speedway on Nov. 3 |
|
10/23/02
 |
Australia ticket sales burst
through 330,000 barrier
An IMG representative in Surfers has said that they have
broken the 300,000 weekend goal, having sold more than 330,000
tickets for this weekends CART and Supercar V8 races. In
fact, the tickets are selling at such a hot pace, the promoter
is now worried how they are going to handle all the traffic.
Is a weekend attendance of 350,000 now a reality? Stay
tuned.... |
|
10/23/02
 |
NASCAR leader bonus pool grows
The reward is handsome but time is running out for the
front-runners of the NASCAR Winston Cup Series to capture the
NASCAR Winston Cup Leader Bonus. Tony Stewart leads three
drivers with an opportunity to capture the most lucrative
NASCAR Winston Cup Leader Bonus in program history. This
weekend, the Leader Bonus is worth a record $280,000 to any
driver that can win at Atlanta Motor Speedway and leave the
track with the Series point lead. Stewart picked up the first
of his three victories this season in the MBNA America 500 at
Atlanta Motor Speedway in March. It’s been 28 races – and
seven months – since Sterling Marlin took home the most recent
Leader Bonus payout at Darlington Raceway. Entering this
weekend’s Napa 500 at Hampton, Ga., Stewart leads the NASCAR
Winston Cup standings by 82 points over second-place Jimmie
Johnson. Mark Martin sits in third place following the Old
Dominion 500 at Martinsville Speedway and trails by 123
points. Any of this trio of drivers can unseat Bobby Labonte,
who won $190,000 at Indianapolis in 2000, as the owner of the
largest Leader Bonus check to date. The current Leader Bonus
total is greater than the season earnings of every NASCAR
Grand National champion from 1949-70, as well as the total
year-end earnings of 1972 Winston Cup champion Richard Petty
($227,015) and 1973 champion Benny Parsons ($114,345). |
|
10/23/02
 |
CART stock watch - final
closing
MPH closed at $4.44 Up $0.09 on
Volume of 214,600 shares.
$3.78 Bid - $4.74 Ask on close.
Session Low/High $4.32 / $4.52
MPH Value Change Up 2.07%
DOW Jones Up 44.11 or 0.52% on Volume of 1.8 billion shares.
NASDAQ Up 27.44 or 2.12%
S&P 500 Up 5.98 or 0.67%
Courtesy of C3I.AndersonGroupe - Chicago
www.andersongroupe.com |
|
10/23/02
 |
Trading in CART stock gets
interesting
As of 02:33PM EST – MPH - 190,600
shares of MPH have traded.
$4.43 Bid / $4.45 Asked
$4.32 the Low & $4.52 the High trades of the session.
Last Trade $4.45 up $0.10 per share or 2.30%
In the first two hours of the session there were 6 individual
trades in excess of 10k shares,
2 trades in excess of 20k shares.
Courtesy of C3I.AndersonGroupe - Chicago
www.andersongroupe.com |
|
10/23/02
 |
Gurney puts F1 plans on hold
Despite a concentrated effort by a dedicated group of
individuals, efforts to establish an American Formula One Team
with Dan Gurney as the catalyst have not succeeded in the
short term. Though the conditions to enter F1 at this
particular moment in time are in some ways more favorable than
in the recent past - grid spots, engine availability, purchase
of existing teams and technology - other circumstances
relating mostly to the economy and the availability of
multi-year sponsorship look less promising than only a short
while ago. Some uncertainty in the future direction of Formula
One racing does not help either. The deadline we set for
ourselves which was dictated by the amount of time required by
Ford Cosworth to put together their engine build and trackside
support package, has not been met. We were not prepared to
commit to a situation which was not properly funded for at
least three years. Judging from the response we received since
the news of our plan filtered out during the US Grand Prix at
Indianapolis, interest in such an endeavor is high among fans,
corporations and the motor racing community in general. The
vast majority seems to agree that it would be an enormous
boost to open wheel racing in America. An American Formula 1
team would not only be a showcase for American sponsors but
for new American technologies and untapped engineering
capability as well. Just below the surface there is enormous
pressure to see this happen. It has been a long time since the
American public has had a home team to cheer for in Grand Prix
racing, and for now, it appears they will have to wait a
little longer. AAR |
|
10/23/02
 |
Marco Andretti wins regional
championship
Marco Andretti, son of CART driver Michael Andretti, wrapped
up the end of a long season with the Stars of Tomorrow
Regional Champion in Oakland Valley, New York last weekend.
With a strong field of competitors, the championship came down
to the final race of the season. Andretti started the day by
putting his CRG kart on the pole by 0.01 of a second. He
jumped into the lead of the 15 lap main event, then extend his
lead over subsequent laps. Near the halfway point of the race,
the second place car began to close the gap, and with two laps
to go, Andretti was passed for the lead and remained in second
until the end of the race. By finishing second, Andretti
secured the championship by two points. "The car got a little
tight towards the end, but I had a good race and am very happy
for the overall championship. I knew by finishing second I had
won the overall title”, commented Andretti. “I would like to
thank Motorola, Archipelago, J N Racing, and SSC Racing for
their support this year.” To get extra seat time and
additional testing before the upcoming CART Stars of Tomorrow
Grandnational Championship in Las Vegas, Andretti competed in
the Oakland Valley Club race the same day. The same
competitors who raced in Stars competed in the club race. He
started from 8th place and moved up to second in the semifinal
race. On the start of the last race, Marco started in second
and by the second lap had drafted by the leader. He was able
to maintain that lead to win the race. "It was a great race,”
exclaimed Andretti. “We went back to the pits and made some
changes to the car for the club race. Marco did a great job,”
said Jon Nevoso, operator of JN Racing. “It was a fun race no
pressure, just testing.” Andretti’s final event of the season
is the CART Stars of Tomorrow Grandnational Championship in
Las Vegas Nevada on November 8-10, 2002. |
|
10/23/02
 |
CART drivers frolic with Aussie
babes The CART drivers were out on the beach with
the Aussie babes in preparation for this weekend's CART race
that is expected to draw over 300,000 on Australia's Gold
Coast. See this
photo page from Sutton Images.
 |
|
10/23/02
 |
Early trading heavy in CART
stock
Today's NYSE Trading In MPH
As of 11:40AM EST MPH 132,000 shares of MPH have traded.
$4.40 Bid / $4.41 Asked
$4.38 the Low & $4.52 the High trades of the session.
Last Trade $4.40 up $0.05 per share
Courtesy of C3I.AndersonGroupe - Chicago
www.andersongroupe.com |
|
10/23/02
Industry News |
Fiat in very deep trouble
It is expected that after an October 31st board meeting,
Ferrari's parent company Fiat will report loses of more than
$1 billion through the first 9-months of the year, or about
1/3 of its capital. Under Italian law, that means Fiat and its
20% partner, USA's General Motors, will have to recapitalize
the company. Ferrari does not make enough profit to continue
to fund its lavish F1 program by itself. It relies on some
help from Fiat. One has to wonder if their money pit is about
to dry up. |
|
10/23/02
 |
Ganassi announces 2-car IRL
effort Target Chip Ganassi Racing announced today
their plans to run two cars next year in the Indy Racing
League. Signed to drive next year for the team are two of the
sport’s finest young drivers - current Team Target pilot Scott
Dixon and second-year IRL driver Tomas Scheckter. Team owner
Chip Ganassi is looking forward to the challenge of competing
full-time in the IRL. Full
Story |
|
10/23/02
 |
Montoya eyes CART return
Juan Montoya has come out publicly and stated he will return
to race in the USA when he finishes his F1 career. "One
day I will get bored with F1 and I will probably go back to
America," stated Montoya to Autosport. "I had a great
time there, although I am happier in F1 right now." |
|
10/23/02
 |
Latest F1 Hot News
Yoong Focuses On
CART Career
Gascoyne Dilutes
Button Farewell
Webber: Minardi
Made Me Stale
Another Radical
Ferrari On The Way
McNish
Contemplates IRL Switch
Skepticism Over
Radical Reform
Vote Of Confidence
For Coulthard
One Grand Prix To
Get The Chop
Mosley Defends
Outlandish Plans
Ecclestone Gears
For CART Take-Over
Manufacturers
Offer F1 Escape Route
Happy Birthday
Alex Zanardi
F1 News In Brief |
|
10/23/02
Karting |
Shifter karts catching on
worldwide It can go from zero-to-60 and back to zero
in six seconds. Speeds during a race exceed well over 100 mph.
And during it all, the driver is only a few inches off the
ground. It's more than a souped up go-kart, it's a shifter
kart. Shifter karts have been around for some time but are
relatively unknown to most people. In fact, several websites
on shifter karts call them "the best kept secret in
motorsports." Read full
story in Montgomery Advertiser. |
|
10/23/02
 |
Burton penalized for illegal
springs NASCAR
officials announced that Winston Cup owner Bill Davis, along
with crew chief Frank Stoddard and driver Ward Burton,
received penalties for an infraction that occurred at Sunday's
Old Dominion 500 at the Martinsville Speedway. Ward's No.22
Dodge was found to have unapproved front springs during
post-race inspection. Davis was penalized 25 championship car
owner points; Burton was penalized 25 driver points; and
Stoddard was fined $10,000. The penalty results in Burton
dropping from 24th to 25th in the drivers standings. |
|
10/23/02
 |
Wilson thinks CART about to
bounce back
With rumors of Bernie Ecclestone buying CART, everyone is
starting to believe CART's future is secure. We can tell
by how many teams and drivers are scrambling to get a deal
together before CART closes the door shut. Justin Wilson
recently tested for Newman Haas at Homestead and the popular
Brit is one of many angling to land a ride. Wilson,
talking to Autosport at Valencia after claiming his first
Dallara Nissan World Series win of the season, stated,
"there's a lot of talk going on at the moment about CART and
people saying it's on its way out, but I still feel there's a
lot of enthusiasm and I reckon that it's at the bottom of its
lull," he said. "There's been a lot of negative talk, but I
believe next year it will be strong, especially as everybody
will be using the same engines. There are a lot of teams
talking about going to CART, but these words just need to be
put into action." |
|
10/23/02
 |
McNish speeds around Fontana in
IRL car Allan McNish, Toyota 2002 Formula One
driver, was given his first taste of a high speed Indy Racing
League car yesterday as he took to the 2 mile oval
Superspeedway track at the California Speedway in Fontana.
Driving the new 2003 spec Toyota Dallara IRL car, prepared for
this session by Penske Racing, McNish completed 175 laps with
an average speed of over 210 miles an hour. McNish's efforts
were impressive, standing up well to this year's qualifying
lap time for the IRL event earlier in the season. "It was a
great experience" said McNish after completing 350 miles in
the car. "I'm pleased to have run speeds that would have been
competitive during last March's event, especially as I had the
2003 engine spec and chassis set up on the car." "At the end
of the day I completed a 35 lap stint in which I was
consistently lapping between 216 and 218 mph. It's quite a
physically and mentally demanding track, but I enjoyed the
fast pace and the flow of driving on the oval. The Penske team
were extremely supportive and gave me plenty of encouragement.
We completed a short test program as well giving me a chance
to run at speed, so overall it was a very productive day. I
enjoyed my time in the car and it's fired my enthusiasm - I
think it would be fun to experience IRL in race conditions! I
must thank everyone at Penske and Toyota for giving me this
great opportunity." McNish, 32, is enjoying a successful motor
racing career which has included wins in International F3000,
the traditional preparing ground for Formula One, and second
place in the British Formula Three series with five wins. In
recent years, Allan has been dominant in Sportscar racing
winning the 1998 Le Mans 24 Hour race and notching up a second
place finish at this unique event in 2000, in addition to pole
position and fastest race lap. Allan also won the American Le
Mans Series in 2000, with six victories and a total of ten
podium appearances in 12 rounds of the Championship. His
achievements have been recognised with a succession of
trophies including, the John Cobb Trophy for Best British
Driver, British Racing Drivers Club Graham Hill Trophy and
Autosport's National Driver of the Year award. Allan's Formula
One experience includes test driving for McLaren, Benetton and
Toyota F1 teams and a full year of racing with Toyota F1
Racing in 2002. |
|
10/23/02
 |
Roberto Guerrero to drive Busch
race The first
Hispanic-owned and -sponsored team will field its first
Hispanic driver in this weekend’s NASCAR Busch Series race at
Atlanta Motor Speedway. The HRT Motorsports No. 09 CICLÓN
Energy Drink Chevrolet will be piloted by Roberto Guerrero, a
Colombia native with vast open wheel racing experience. The
pairing is the first of its kind in NASCAR, where Hispanics
make up 10 percent of the fan base. Guerrero’s stock car
racing debut comes in the team’s third race of the year with CICLÓN. The team previously charted two top-20 finishes at
Charlotte and Chicago. Former Busch Series champion David
Green had been handling driving duties for the team, which is
also scheduled to compete at Phoenix and Homestead. HRT has
had tremendous success introducing NASCAR to the Hispanic
community since they teamed up in April with CICLÓN, a
Panama-based energy drink company that distributes throughout
the United States. Co-owners Rudy Rodriguez and Mike Vazquez
expect that Guerrero will strike a chord with the growing
Hispanic fan base as someone they can relate to. |
|
10/23/02
Fran-Am |
Two Fran-Am drivers get tests
Two drivers presently competing in the Fran-Am Championship
series are involved in testing situations with a Toyota
Atlantic and Indy Racing League team. One driver from the
Fran-Am 2000 North American Pro Championship series has been
invited to test with a front-running Toyota Atlantic team in
the near future. Meanwhile, a driver currently competing in
the Fran-Am 1600 West Coast Championship series will test with
an Indy Racing League team. One of Fran-Am’s primary
objectives is to help propel drivers to the top levels of
motorsport. “We are obviously achieving our goals of allowing
our best drivers to be noticed,” said Arden Weatherford,
Director of Operations for Fran-Am Sport. “Although the
Fran-Am driver development system is designed to equip all of
our drivers with the necessary tools to excel in the sport,
some of them already possess many of those skills. Above all
we are proud to see any of our drivers get testing
opportunities in such well-respected series.” Unfortunately,
the names of the drivers can’t be released since the tests are
private and Fran-Am respects their rights to confidentiality.
The trend of increasing car counts will continue in the
Fran-Am 2000 North American Pro Championship series with the
addition of an expected 6 new cars to the starting grid for
rounds five and six at Las Vegas Motor Speedway on October 26
and 27. The Fran-Am 2000 series has consistently enjoyed
larger fields at every event in their inaugural season. “The
continuously expanding car count is just another sign that the
Fran-Am professional series is progressing in the right
direction,” said Arden Weatherford, Director of Operations for
Fran-Am Sport. “It shows that people are noticing us and
buying into Fran-Am. They know we have a first rate program,
are serious about our racing series in North America and are
here to stay.” American team Gelles Racing has expanded to a
five-car team for Las Vegas after starting out with just one
at the inaugural race in Vancouver. Team owner Robert Gelles
announced last week that American Barber Dodge Pro Series
driver Tom Dyer and Brazilian Formula Renault standout Danilo
Durval will join Uruguay native Pedro Larriera, Canadian
Michael Brooks and a still to be named driver behind the
wheels of Gelles Racing entries. Halifax, Nova Scotia’s
Atlantic Racing Team has added one more car to their team for
Las Vegas. The yet-to-be announced driver will pair with
current driver Lucas Strackerjan who sits fifth in the points
standings. Other expected additions to the field include Dino
Bruno from Los Angeles, California, a 2-car team from Houston,
Texas and Sandy Dells Racing making their series debut. |
|
10/23/02
Industry News |
Walter auction turns up
interesting stuff
Went to the George Walther Sr. auction last Saturday in Dayton
Ohio. They had quite a bit of rolling stock, most all of it
damaged in some form or another. My coworker wrote the prices
down for most of the stuff. A Duesenburg went for the most
money, around $600K. George had three, all in various stages
of teardown. Someone paid $200K for a large cache of Dusey
parts (with engine and tranny). They offered a 68 SS Nova
minus engine and rear end which went for $7500. Salts '68 big
block 'Vette which looked pretty ratty went for $9500. They
sold a very nice looking Packard which went to the Packard
museum (I gather it's in Dayton) and they got a pretty good
price for this car as well. Rolling stock accounted for just
at $2 million dollars (they had a lot of cars) including a '61
E type Jag, several Lincoln's and Caddy's. Most all these cars
had a broken something or another (windows mostly). Salt
Walters ex racecars? Salts rookie car was complete with short
track goodies, Fresh DOHC Ford. Sold for $62,000. This was a
car built by George Morris and called a Marauder. This seemed
like a high price to us, but it came with everything (pit
equipment, wheels, wings, etc.). They had a tub in which Greg
Weld ran the 500 (?) number 33 which was a heap and it sold as
well for around $8K. The ex Penske PC5 in which Tom Sneva
first broke 200 mph at Indy sold for around $60K. This car was
really ratty, all the aluminum parts were corroded very bad
and the car had been stacked up. A Lola Phil Kruger drove into
the wall at Pocono was also sold, completely trashed. When
they crashed a car, they just unloaded the wreck into a huge
building and threw a tarp over them. There they sat....... The
star of the show as far as we were concerned was a 1961 Wally
Meskowski built Champ Dirt car with a 220 cubic inch Offy. It
sold for just under $50K. This car blew a rear end at the
Hoosier Hundred in 1970 (with Salt aboard). They never even
cleaned it up, just put it back in the garage and there it
sat. Salt must have been real hard to please...... They had 6
complete Cosworth engines, plus many, many spares. This stuff
all sold at various prices. It is interesting to note that the
same guy bought all the Offy stuff they had. Five complete
motors, and tons of other assorted goodies for Offy's (turbo
and non turbo) This is why the Dirt Car was a good deal, just
the running Offy Motor alone is worth $25K...... They had two
small block Gurney Westlake motors, one was super complete.
They brought big money. They had tons of new Chrysler Hemi
stuff (from the boat racing days) and this all sold at pretty
low prices. One brand new fresh Hemi marine motor went for
$5900...... which is very cheap. A new Hemi from Mopar
Performance will set you back $30K....... |
|
10/23/02
 |
Poor Dario A reader
writes, Dear AutoRacing1.com, if all these rumors are true
that CART may be aligned very tightly with F1 and owned by
none other than Bernie Ecclestone, one would think that CART
is where a driver will want to be if he has any F1 aspirations
whatsoever. I have to feel for poor Dario Franchitti,
he's dying to get into F1 and it looks like he may have picked
the wrong horse again. Dave Turner, Atlanta, Georgia.
Dear Dave, Well, if the rumors turn out to be true, than most
certainly Dario must be kicking himself right now.
However, we're sure he is getting paid well by Andretti Green
Racing to drive in the IRL, though we do have some concern he
will be labeled an oval track racer henceforth, and not really
get a shot at a top F1 ride. The IRL is slated to be a healthy
series in 2003, so he'll definitely get his share of
wheel-banging action, although that close racing comes at a
price because data shows
you are 436% more likely to get injured in an IRL race than a
CART race because of all the ovals they run on. AR1
Staff |
|
10/22/02
 |
F3000 to SPEED
We reported this awhile back, but here is the official press
release - SPEED Channel has reached an agreement with the FIA
Formula 3000 International Championship to air the entire 2003
racing season live or on same-day tape. In addition, the 2002
F3000 season will be aired on SPEED on a tape delayed basis
this fall. One of the world's premier junior series to F1,
F3000 is one of several feeder series to the FIA Formula One
World Championship. "As part of SPEED Channel's motor sports
programming, it's always great to be able to give our viewers
a peek at the stars of tomorrow in any series," said SPEED
Channel President Jim Liberatore. "Our Formula One viewers are
some of the most passionate fans in motor sports and F1 racing
has long been a part of SPEED's racing lineup, so adding F3000
gives SPEED viewers a more complete package in that arena." |
|
10/22/02
 |
CART stock watch
MPH closed at $4.35 Up $0.10 on
Volume of 61,800 shares.
$3.69 Bid - $4.71 Ask on close.
Session Low/High $4.10 / $4.40
MPH Value Change Up 2.35%
DOW Jones Down 88.08 or 1.03% on Volume of 1.8 billion shares.
NASDAQ Down 16.87 or 1.29%
S&P 500 Down 9.56 or 1.06%
Courtesy of C3I.AndersonGroupe - Chicago
www.andersongroupe.com |
|
10/22/02
 |
Pook visits Mexico City track
BY Ricardo Roura/El
Norte (Mexican Newspaper - translated to English by Ed
McFarlane) The reconfiguration work at The Hermanos
Rodriguez Autodrome has produced a circuit of sufficient
international quality to host Formula 1, said CART President
Chris Pook. In the course of a visit to the circuit of
Magdalena Mixhuca, where the 4.75 km track runs, Pook declared
that he was satisfied with the remodeling work being done to
host the last race of the Champ Car season next 17th November.
”Incredible, this circuit of the Rodriguez brothers is
historic, it holds the history of the two brothers, and they
have made a modern circuit of amazing quality, up to the level
of Formula One” said Pook. One month from the race that
will mark the return of CART to Hermanos Rodriguez, Pook
stated that there was enough time to finish the works at the
circuit, which includes the resurfacing of the whole track and
then it remains to finish the installation of the sears in the
permanent stands on the main straightaway and those of the
temporary stands. ”There is work to do, but it is not a
lot for 30 days, the circuit is almost ready, it just remains
to finish some seats they’re making, and it can be done in 10
days,” said the CART boss. Pook said that the Autodrome
Hermanos Rodriguez is one of the best circuits CART has on its
calendar, because of its unique features compared to other
tracks, especially the curve which runs through the Baseball
Stadium, with stands for 25,000 fans. ”Here the cars
pass through at a low speed, and people will be able to see
the cars better, but they have all the modern facilities a
stadium could ask for, and I think it will be a very
interesting place. The CART President thinks that the
first cars ought to run for the first time on the circuit in
the days before the Grand Prix, when the free practice of the
support series, like Reto Dodge, which has its first practice
scheduled for Wednesday 13th November. Concerning the
championship, Pook emphasized the importance CART places on
racing in big cities, like Mexico, Denver or Miami, which
helps bring in the fans. Concerning the departure of
drivers next year, like the current Champion Cristiano da
Matta, who has a foot in Formula One, the CART President says
that the export of drivers like the Brazilian will benefit the
series, and that it will help the emergence of new stars. |
|
10/22/02
 |
Musgrave to drive for Petty
Ted Musgrave, a front-running veteran of NASCAR Winston Cup
racing, will drive Petty Enterprises’ #44
Georgia-Pacific/Brawny Dodge in Sunday’s NAPA 500 at the
1.54-mile Atlanta Motor Speedway. "We talked with a lot of
drivers in a short period of time," said Petty Enterprises CEO
Kyle Petty, "and we knew we needed someone who could come in,
adjust quickly and give us solid experience behind the wheel.
Ted has done a lot in Winston Cup and in the Truck series, and
he is going to do well for us too." Musgrave replaces Jerry
Nadeau, who was injured in a personal accident last week and
is not expected to return to driving until next season. "I was
really honored Kyle asked me to drive for him, especially at
Atlanta," Musgrave said. "With Georgia-Pacific’s headquarters
right there, the fact they are sponsoring Georgia-Pacific Pole
Night, and the fact they are unveiling their 2003 car this
weekend, it means a lot to me that they would want me to be
part of it." Petty will drive with the Georgia-Pacific
sponsorship next season. Musgrave is currently third in the
NASCAR Craftsman Truck Series championship chase, and has won
twice in the first 19 races this season. |
|
10/22/02
 |
Bankers and carmakers could
unite
According to this Daily F1
article, German newspaper Sueddeutsche Zeitung
reported yesterday that creditor banks of fallen media
conglomerate Kirch are closing in on a new agreement with the
consortium of European carmakers. The banks, Bayerische
Landesbank, Lehman Brothers and J.P. Morgan & Chase, are
trying to broker a deal with the powerful consortium of
manufacturers all involved in Formula One including BMW, Ford,
Renault, DaimlerChrysler, and FIAT, which could prevent the
damaging 2008 GPWC breakaway Championship from going ahead.
The newspaper report suggests that there is a way in which the
Concorde Agreement, the secret covenant that controls F1,
could be extended to 2017 through a cooperative deal between
the financial institutions and the carmakers. Ostensibly, both
the banks and the carmakers would take a stake in SLEC, the F1
commercial trust, and work towards a common cause:
establishing a more favorable distribution of commercial
rights to the competitors. A new Concorde Agreement would be
written to replace the current edition, which expires in 2007,
that would include the terms and conditions and how funds
would be paid. The carmakers have long objected to how Formula
One’s commercial income is paid out under the current regime.
They believe the teams should receive bigger cuts and under
the proposal of the breakaway Championship slated for 2008,
the trust set up to hold the rights would see the lion’s share
paid to the participating teams. The establishment of a
working relationship would provide stability for Formula One
after such unstable times over the past two years while for
the banks, the incentive to work with the carmakers would
significantly boost the value of their investment in the
Formula One business. From AutoRacing1's perspective, we
believe Ecclestone's rumored buy into CART fits into this
picture somehow. |
|
10/22/02
 |
Brabham to drive 24-Hours of
Daytona
Multimatic announced that David Brabham would be joining Scott
Maxwell and David Empringham in one of its two Ford Focus
Daytona Prototypes that will run in the 2003 Rolex 24 At
Daytona. Drivers Scott Maxwell, David Empringham and David
Brabham will pilot the Ford Focus Daytona Prototype in the
classic twice-around-the-clock race. Canadian Maxwell will
lead the driving lineup for the team. Although he currently
competes in the Grand-Am Cup Series, where he is in a heated
battle for the team and driver championships, Maxwell also has
extensive experience in prototype racing. While running a
limited Rolex Series schedule in 2001, Maxwell garnered a
SRPII podium finish at Mid-Ohio and pole position at Road
America in Multimatic's Nissan Lola. Australian Brabham, who
now resides in Florida, is one of the most noted sports car
racers in the world. A factory Panoz Motorsports driver for
five years, Brabham just recently was given his release from
Panoz as Panoz plans a development season in 2003. Brabham has
also had two stints in Formula 1 racing. Multimatic is
expected to announce the Rolex 24 At Daytona driver lineup for
its second Ford Focus Daytona Prototype in the coming weeks.
Maxwell and Empringham will continue with Multimatic
throughout the 2003 Rolex Series season as part of the
manufacturer’s effort. However, Multimatic will sell its
second factory team Ford Focus Daytona Prototype following the
Rolex 24 At Daytona and continue to campaign the car for a
private owner during the remainder of the season. Multimatic
will also be building additional cars for customers throughout
the 2003 season. Persons interested in additional information
about the Ford Focus Daytona Prototype and its availability to
run in 2003 should contact Barry McSherry with Multimatic at
905-470-0025 or via email at
bmcsherry@multimatic.com. |
|
10/22/02
 |
Ecclestone echoes Mosley's
comments
FIA President Max Mosley said it last week at the Shanghai
groundbreaking and today Bernie Ecclestone has also stated
that one of the current races on the 17-race F1 calendar will
need to be dropped by 2004 in favor of the Chinese Grand Prix,
which was confirmed as part of the 2004 F1 Championship
Monday. "We have 17 races on the calendar," Ecclestone told a
press conference earlier today. "Regrettably one of them will
have to go to make way for Shanghai. "Don't ask me which one,"
he added. but AR1 hears it will be Imola. AR1 hears
there is a chance that CART, or whatever it is called by then,
may be offered to the Imola promoter as an alternative.
With China and Bahrain both due to host rounds of the World
Championship in 2004, this means that two races will need to
be dropped from the current calendar. However with next year's
Belgian GP already very much in doubt because of tobacco laws
preventing tobacco ads on cars, it appears that Ecclestone has
given up on Spa Francorchamps hosting an event beyond 2003. In
fact, if next year's event is to take place all the teams have
to agree to run without tobacco advertising. "I will guarantee
we will be here in 2004," Ecclestone told reporters in
Shanghai. "The circuit will have been finished, and it will be
one of the best circuits in the world. Hopefully Shanghai will
be able to hold Formula One™ even after 2010." |
|
10/22/02
 |
McNish enjoys first taste of
IRL
Former Toyota F1 driver Allan McNish had his first taste of
IRL yesterday when he ran the Penske at Fontana in California.
There is still confusion as to whether this test could lead to
McNish getting an IRL drive in a swap for Helio Castroneves,
or whether it's simply a 'thank you' following Helio
Castroneves' test with the Toyota F1 outfit last month. "So
far, I've enjoyed it quite a lot," he told Racer magazine.
"I've enjoyed it more than I thought I would, in reality. And
I've got a feel for the information the car is giving, and
also what the changes we've made to the car are doing." "I'm
pleased by the speeds we've been able to run straight away,"
he added. "Considering it's the 2003 spec lower engine revs,
and all the other rule modifications they've made to try and
slow the cars, I think I've adapted to it well." "The most
nervous moment of the running was on the first actual run," he
continued. "I didn't know how to do it, where to go, or what
to look for," added the Scot. "Rick Mears took me out this
morning and showed me what to try and do to get acclimatized
to it." |
|
10/22/02
 |
Latest F1 Hot News
BMW Threaten To Quit
F1
Fisichella Hails
Incoming Ford
Formula One Future
Looking Up?
Russia Points
Finger At Bernie
Bridgestone: Our
Tires Favor Ferrari
McLaren Promise To
Catch Up
Alonso Targets The
Top With Renault |
|
10/22/02
 |
Did you know?
Did you know that Jaguar F1 team boss Niki Lauda's son Mathias
competes in the 2.0 liter category of the Iberian single
seater series? Now you do. His sponsor is Red
Bull. |
|
10/21/02
 |
Motorsports and Begley back in
St. Pete This Tampa Tribune
article states that the most persistent motorsports
force the Tampa Bay area has known, Tom Begley has resurfaced
as general manager of the Grand Prix of St. Petersburg. The
Feb. 21-23 race will bring CART champ cars to the area for the
first time. They'll scream around a 14-turn street circuit
that shows off the St. Petersburg Harbor and Marina and uses
part of Albert Whitted Airport. Construction is going full-
throttle. Road crews are tearing up corners to improve ingress
and egress. They're putting in infrastructure for the pit
lane. They're milling another road. The circuit is supposed to
be ready by Dec. 13, minus, of course, grandstands, staging
and nearly four miles of safety barricades. "Out of the box,
we're going to have the most beautiful course CART runs on,''
Begley was saying. "Other courses have water, but none of them
have the circuit that we do.'' Full
story... |
|
10/21/02
 |
Moscow Mayor says Bernie wanted
too much The mayor of Moscow feels that Bernie
Ecclestone is to blame for Russia not finding a place on the
Formula 1 calendar. Mayor Yuri Luzhkoy said the conditions
that would have been imposed on the Russian capital made the
prospect of a race unworkable. "We also wanted to stage the
Formula 1 Grand Prix," Russian news agency RIA quoted him as
saying. "But he (Ecclestone) wanted to keep all the rights for
the event - ticketing, television, advertising - which would
leave us with only engine smoke. That's why the negotiations
failed." Engine smoke? What about all the money
spent by visitors on hotels, food and entertainment?
Would the city not have benefited from that? |
|
10/21/02
Industry News |
Front straight seats almost
gone
After a record-setting day of individual ticket sales on
Saturday, only a handful of individual frontstretch tickets
remain for the March 30, 2003 Samsung/RadioShack 500 NASCAR
Winston Cup race. As of today, less than 1,000 individual and
obstructed view seats were available on the frontstretch. "The
remaining Season Tickets are somebody's best shot of getting a
good frontstretch seat without going to a ticket scalper,"
said speedway general manager Eddie Gossage. "Saturday was
just a record-setting day for us. The value of tickets on the
backstretch, in the Victory Lane Club and to the March 29
O'Reilly 300 NASCAR Busch Series race just went up, too.
Clearly the fans are anxious for the 2003 season to start."
Season Ticket sales were brisk throughout the weekend as well.
"We are ahead of our pace last year at this time," said
speedway ticket director Kevin Camper. "In fact, our new
Season Ticket sales for 2003 have already surpassed where we
were in January of this year for 2002 Season Tickets. That's
the same number three months earlier. Fans clearly see the
value in buying Season Tickets." In addition to the Samsung/RadioShack
500, tickets also went on sale for the March 29 O'Reilly 300
NASCAR Busch Series race; the June 7 Bombardier 500k and
October 12 Chevy 500k Indy Racing League events and the June 6
O'Reilly 400k and October 11 Silverado 350k NASCAR Craftsman
Truck races. Ticket sales for 2003 races will continue 24
hours a day on the website. The speedway ticket office and
hotline of (817) 215-8500 will be open from 9 a.m.-5 p.m.
Monday through Friday, 10 a.m.-5 p.m. on Saturday and Noon-5
p.m. on Sunday. Fans may also purchase tickets through
Ticketmaster. |
|
10/21/02
 |
Forsythe authorized to buy more
CART shares
Championship Auto Racing Teams, Inc. (NYSE: MPH - News)
announced today a second amendment to its stockholders rights
plan; the first amendment was adopted September 12, 2002. At
the request of Gerald R. Forsythe, the amendment permits
Forsythe and his affiliated entities to increase their
aggregate ownership of CART stock to 3,664,782 shares, or
24.9%, without triggering the stockholders rights plan. In
consideration for this amendment, Forsythe has agreed to vote
and exchange all shares acquired in excess of 15% of the
outstanding stock consistent with the recommendations of the
Board of Directors of CART on all strategic matters for a
period of three years. The same restrictions were also agreed
to in the first amendment. The stockholder rights plan was
established to ensure that CART shareholders receive fair
value and equal treatment in the event of any proposed
takeover of the company or other strategic actions. The Board
of Directors believes that this amendment is in the best
interest of CART and its shareholders. The amendment is being
made at the request of Forsythe, and not being made in
response to any proposal to acquire CART. Under the amended
plan, if a person or group, other than Forsythe, acquires or
commences a tender offer to acquire 15% or more of CART's
common stock, except pursuant to a tender or exchange offer
which is for all of the outstanding stock of the company at a
price and on terms approved by the Board of Directors, the
other stockholders will be entitled to purchase shares of CART
stock at a purchase price equal to 50% of the then current
market price. |
|
10/21/02
Industry News |
Octagon WSJ story
Today's Wall Street Journal has a front page story on what a
negative impact Octagon is having on its parent company
Interpublic. This is the same Octagon that is supposed
to sign up all the overseas markets with TV deals for CART.
Octagon is losing their shirt, and given their performance
with CART (or shall we say non-performance), we're not
surprised. |
|
10/21/02
Industry News |
Simple Green signs on with TMS
Simple Green has signed a multi year sponsorship deal with
Texas Motor Speedway. SG will be the Official Cleaner of TMS
and will be a part of all races at the facility...these of
course include NASCAR WC, Busch, Craftsman Trucks and IRL. The
Dallas/Ft Worth market is very important to Simple Green and
their retailers and they are looking forward to some very
productive promotions around these events. |
|
10/21/02
 |
Atlantics: Velofuro Motorsports
to run 2003 CART Toyota Atlantic Series
Returning to the CART Toyota Atlantic Series is a familiar
face, last seen steering the PPI Motorsports Atlantic program
to the championship title in 1999 with Anthony Lazzaro and
second and third in points in 2000, with Dan Wheldon and
Andrew Bordin. Nick Harvey spearheaded that program for four
seasons for Cal Wells and is now returning as team owner of
Velofuro Motorsports. After spending the past two years as
General Manager with PPI's Winston Cup operation, Nick is
ready to pick up where he left off in Atlantics - out in
front. The team is currently talking to an impressive list of
sponsors and drivers and is looking to open their shop doors
at the beginning of November and start testing shortly after.
The driver line up is expected to be announced by the end of
October. For more information on Velofuro Motorsports check
back at the team website. |
|
10/21/02

 |
Pook reassures Long Beach
media, IRL would love to get LB
This Long Beach Press Telegram
article says - despite all those factors working
against him, Pook spoke extensively at the press conference
about 2005 a year that some of CART's drivers don't think the
series will even reach. "We have set a very clear path on
where we want to take this company,' Pook said. "Our plan is
to stabilize the company and have it stable for two years. We
want to maximize our strengths on street and road courses.
Then, in 2005, we will move to a V-10, normally aspirated
engine.' Both Christian Fittipaldi and Dario Franchitti have
gone on record recently saying their decision to leave the
series was motivated by the fact they don't believe CART will
survive past next season. Fittipaldi will race in the NASCAR
Busch Series and Franchitti was one of three CART drivers to
commit to the IRL next season. The possibility of not having
CART around has caused many to speculate on what will become
of the Toyota Grand Prix of Long Beach. CART has run on the
temporary street course since 1984 when Pook spurred the shift
from Formula One to cut costs. Indy Racing League spokesman
Fred Nation told the Press-Telegram in a phone interview
Friday that if CART were ever to cease operation, the IRL
could step in and fill the void. "The IRL really has no
interest right now in running on temporary street courses,
though the Long Beach facility is in a class by itself,'
Nation said. "Running in Long Beach is not a priority for the
Indy Racing League and to this point it was not even
possible.' The IRL was developed by Tony George, the president
of the Indianapolis Motor Speedway, in 1996 as a cheaper
alternative to CART. The series has run exclusively on ovals
since its creation. But starting next year, a change in
chassis design will allow the cars to be fueled on either the
right or left side. That would make racing on street courses
possible. Another thing holding the IRL back from racing on
street and permanent road courses is CART, which has dominated
those venues for two decades. Nation said if CART were ever to
cease to exist, the IRL would considers having "a couple' road
races a year and said that Long Beach could be one of those
races. "Long Beach is one of the premier events in motor
sports,' Nation said. Long Beach Grand Prix Association
President and CEO Jim Michaelian refused to comment on the
possibility of IRL coming to town. CART is signed through 2005
and Michaelian said he said he's focused on making next year's
race, scheduled for April13, a success. "There will be a
Toyota Grand Prix of Long Beach through 2005 and we have an
agreement with the city until 2010,' Michaelian said. "We are
focused on CART and we aren't worried that they aren't going
to be there. I don't have any comment on the other stuff.'
Michaelian said last April that the Grand Prix Association had
contingency plans in place if CART were to cease to exist.
Those plans started while Pook, one of the Grand Prix's
founders, was still president of the association. Many, like
Mum's owner John Morris, would like to see Formula One return
to town if CART couldn't. His business like most of the
restaurants on Pine Ave. see twice as much business during the
Grand Prix weekend. "It's our biggest weekend of the year so I
don't know how you would replace that race (financially),'
Morris said. "If CART falls apart, I can't imagine somebody
out there not wanting to step right up and pick up the slack.'
It's estimated that the Grand Prix gives Long Beach a $39
million boost to the city's economy. But to bring F1 back
would be very costly. F1 ran in Long Beach from 1976 to 1983
and the race forced the Grand Prix Association to operate at a
loss most of those years. Bernie Ecclestone, the head of F1,
said if his series were to return, changes need to be made.
"As much as we would like to return to Long Beach, the circuit
would not meet our criteria both for the length and safety
standard,' Ecclestone told the Press- Telegram. "If the
circuit could comply, we would love to return.' Permanent
structures would likely need to be built to accommodate a F1
race, a cost the Grand Prix would not likely take on. There
was speculation that F1 would run here in the fall in addition
to the April CART race, but Pook said there was no chance of
that happening. "Where does that (stuff) come from?' Pook
asked. "Who is going to spend $16-or $18 million to put on a
F1 race here?' The answer is probably nobody. CART has
exclusive rights to the city until 2005 anyway. Formula One
has been a hot topic in regard to CART in recent weeks.
ESPN.com reported that Ecclestone is in discussions to invest
in CART and make it the main feeder series for F1. Pook didn't
deny that a deal was in the works, but said no agreement was
imminent. "It would be incorrect not to say we have an
interest (in F1),' Pook said. "Is there a special plan afoot?
Well, we are just busy going about our business.' And Pook is
busy trying to keep that business viable. |
|
10/21/02
 |
Cope to drive #49
Derrike Cope will take the wheel of the #49 BAM Racing Dodge
for the rest of the season, beginning with this week’s Atlanta
500 at the 1.522-mile Atlanta Motor Speedway. Beth Ann
Morgenthau, owner of the NASCAR Winston Cup team along with
her husband Tony, made the announcement. Cope will be
returning to NASCAR competition for the first time since he
was injured in a violent crash during a Busch Grand National
race in September at Richmond, Va. The former Daytona 500
winner had been talking with Morgenthau about finishing this
season with the team at that point. "Derrike did a tremendous
job for us at Michigan, the first time he had driven our
equipment," Morgenthau said, "and continued to run well at
Bristol the next week. We were off for two weeks with our
partial schedule and had decided at that point to have him in
our car for the rest of our year. |
|
10/21/02
 |
Bombardier to sponsor Texas IRL
race
Texas Motor Speedway today announced Bombardier as the new
sponsor of the June 7, 2003 Indy Racing League event. The
Bombardier 500k is the first race following the famed
Indianapolis 500. "Bombardier is a world class company," said
speedway general manager Eddie Gossage. "We are pleased to
have them sponsor 'The Original Nighttime Indy Race' here at
Texas Motor Speedway. It is one of the largest sporting events
in the country." Bombardier, a diversified manufacturing and
services company headquartered in Montreal, is a world leading
manufacturer of business jets, regional aircraft, rail
transportation equipment and motorized recreational products.
The company manufactures brands such as Bombardier Learjet®,
Challenger®, CRJ®, Sea-Doo®, Ski-Doo®, Evinrude® and Johnson®
outboard motors, and has offices around the world. "This
sponsorship is an extension of an already successful
relationship with the IRL," said Peter Edwards, president,
Bombardier Business Aircraft. "We are excited to be part of
the world of motorsports. Our participation at the Texas Motor
Speedway is a further expression of our company's passion for
performance, precision and innovation." Bombardier has been an
official sponsor of the Indy Racing League and the
Indianapolis Motor Speedway since March 2002. The Texas race
sponsorship will run through the 2005 season. |
|
10/21/02
 |
BMW could quit F1 Dr.
Mario Theissen, the boss of BMW Motorsport, said in an
interview with the German news agency SID "The options are
building our own Formula 1 car, continuing our collaboration
with Williams in a more appropriate form or quitting F1."
"We're too far behind Ferrari. We want to become World
Champion by 2004 but we can only do that with perfect
collaboration in all areas and that includes the exchange of
all data and the common use of computer simulations and
research facilities." Their current contract expires at the
end of 2004, and 2005 CART starts with less expensive V-10's.
Hmm......Related
story. |
|
10/21/02
 |
News on Mexico City Dear
AutoRacing1.com, Thanks for the great information from your
trip to Mexico City last week. I live in Brownsville, Texas on
the border and often listen to Mexican radio. Yesterday in a
sports news segment, it was mentioned that an official from
the Gran Premio de Mexico stated that the inaugural CART event
in November is expected to bring in anywhere from $60-70
million dollars into the local economy. Additionally, this
official was asked about the possibility of F1 coming back to
the same circuit of years past. The official responded by
saying that they are interested in attracting the top levels
of worldwide motorsport, however, for now they were focusing
on CART. There was no mention of the ALMS. Thanks again AR1.
Reggie Corona, Brownsville, Texas |
|
10/21/02
 |
Big entry for inaugural
Bathurst 24-hour race Monaro, Porsche, Lamborghini,
Mosler, Viper and Ferrari will lead the chase for outright
honors in a field featuring some of the world¹s best GT
sportscar and production touring car teams. The internationals
will bring more than 30 drivers from Germany, Britain, New
Zealand and Austria for a crack at the famous Mount Panorama
circuit, 210 kilometers west of Sydney. The line-up includes
two of the biggest names in international sports car racing,
Australian David Brabham, who has driven this season for the
Panoz team in the American Le Mans Series, and Le Mans 24-Hour
winner Stephane Ortelli, of France, who recently clinched the
2002 Porsche Supercup and FIA N-GT championships.
Australian-based front-runners will include two Ferrari 360GT
coupes and a Porsche GT3 RS from PHR Scuderia, the
factory-backed 7.0 liter Holden Monaro, Paul Stokell¹s
Lamborghini Diablo and the 8.0-litre Chrysler Viper of D¹arcy
Russell. Announcing the entry list today, Ross Palmer,
Chairman and Chief Executive of organizer PROCAR Australia,
said he was delighted so many cars had been secured for the
inaugural event. ³We¹re working on a multi-year plan to build
the Bathurst 24-Hour and to have such a strong entry for year
one is a terrific achievement, Mr. Palmer said. |
|
10/21/02
 |
Button no superstar
Renault technical director Mike Gascoyne is adamant that
outgoing pilot Jenson Button will never hold world
championship spoils aloft. After a two-year stint for the
Enstone-based team, 22-year-old Button - from Frome in
Bicester - heads for the British American Racing outfit. But
Gascoyne warns the BAR team not to get their hopes up for a
young superstar driver in Button. 'I honestly don't think
Jenson has the spark of a real Formula 1 megastar,' Gascoyne
said. Button, indeed, was out-qualified 11-6 by 28-year-old
Trulli this year. 'We didn't give him a very good car at the
start of 2001 but we stuck by him when he wasn't performing
while Giancarlo was doing a fantastic job,' Gascoyne stated.
Renault, then, have no regret as they welcome young Spaniard
Fernando Alonso to the second blue and yellow seat. 'If Jenson
had out-qualified his team-mate by half a second everywhere it
might have been different,' says Gascoyne. 'But he hasn't.'
Gascoyne says: 'We stuck with his contract but we had a
long-term plan and we believe his replacement Fernando Alonso
is very special.' As Renault revealed that Button would not
play a part in their 2003 campaign, however, BAR boss David
Richards admitted his 'amazement' that the young sensation had
been ousted. Button's next challenge, then, is at BAR
alongside his fourth team-mate in four years of Formula One
racing. This time, though, his cockpit cohort is a world
champion: 'But that doesn't faze me,' he says. |
|
10/21/02
 |
Ecclestone makes China official
Hot on the heels of Max Mosley's visit for the groundbreaking,
Bernie Ecclestone has made it official. China became the
latest destination on the Grand Prix calendar after officials
in Shanghai signed a deal with Formula One president Bernie
Ecclestone today, bringing the sport to the city from 2004.
The large eastern China city has won a seven-year contract to
host races. The track expected to be completed in March
2004, just ahead of the start of that year's Formula One
season. The circuit on the western outskirts of
Shanghai, planned as the largest in Asia, will cost an
estimated two billion Yuan ($240 million dollars) to build.
"I'm very pleased that we've decided to wait to come to
Shanghai," said Ecclestone after a signing ceremony with city
and sports administration officials. "I sincerely hope that
Formula One coming to China will breed enthusiasm for motor
sport in China." The Shanghai Grand Prix joins a series
of high-profile sports events the country has been recently
named to host. Shanghai itself will next month hold the ATP
Tennis Masters tournament, the climax to the men's season,
while Beijing last year won the biggest prize of all, the 2008
Summer Olympic Games. Aside from the new Formula One
commitments to China and Bahrain, Russia is also building a
circuit while India, Dubai, Turkey and Egypt are bidding to
convince Ecclestone and FIA president Max Mosley of their
ability to stage races. Currently, the Formula One season is
made up of 17 races, 11 of them in Europe. It is still unclear
which, if any, of those venues will be dropped in favor of
Shanghai, but AR1 expects races will be dropped and CART will
take over those events. |
|
10/21/02
F-3000 |
American
Giebler to get testing shot Racing Engineering is
having its first round of driver tests for the 2003 season
today in Valencia. The following drivers get a chance to drive
Racing Engineering’s Nissan V6 F3000 car: 1) F3000
driver Patrick Friesacher (AUT), 2) Racing Engineering’s
young and very talented F3 driver Alvaro Parente (POR), 3)
Felipe Silva (POR), 4) Borja Garcia (ESP) and 5)
Philip Giebler (USA). Yesterday, Ricardo Zonta moved a
step nearer to claiming the Dallara Nissan title after taking
victory at Valencia, while championship rivals Bas Leinders
and Franck Montegny hit trouble. Justin Wilson, driving for
Racing Engineering, took advantage of the melee to move
into third and the top three pulled away from the rest from
there on. This new highly competitive European-based
series is based on a Formula 1 dimension Dallara body, Nissan
V6 450 hp powered engine, and is governed by FIA F3000
regulations, but should not be confused with the International
F3000 series, considered the official FIA sanctioned F3000
series.
1 Ricardo Zonta Gabord 24m53.260s
2 Ander Vilarino Epilson by Graff +1.051s
3 Justin Wilson Racing Engineering +1.690s
4 Jonathan Cochet KTR +2.768s
5 Narain Karthikeyan Tata RC +5.033s
6 Rodrigo Sperafico Repsol Meycom +6.833s
7 Franck Montagny Racing Engineering +10.737s
8 Felix Porterio Vergani +10.911
9 Tuka Rocha Gabord +12.103s
10 Rafael Sarandess Zele +12.568s |
|
10/21/02
 |
Latest F1 Hot News
Honda Target 2003
Race Wins
Rubens: Massa Is A
Champion
Williams Urges
Caution Over Reform
Panis Remembers
Monaco Victory
Montoya The Family
Man
Bahrain Welcomed
To F1 Calendar
McNish Describes
Suzuka Horror
Bernie To Bail Out
CART?
Gascoyne: Button's
No Super-Star
Verstappen: F1 Or
Nothing
F1 News In Brief |
|
10/20/02
 |
David Watson Joins Fernández
Racing Former
Sigma Autosport chief engineer David Watson has joined
Fernández Racing for the final three events of the 2002
season, and will serve as race engineer for Adrián Fernández.
Watson handled race-engineering duties for Max Papis and Oriol
Servia during his tenure at Sigma Autosport, a team that
ceased operations after five races this season. Prior to
joining Sigma in 2000, Watson was the chief engineer at Mo
Nunn Racing and the race engineer for Tony Kanaan. He began
his Champ Car career with Lola Cars International Ltd., and
moved to Team Rahal in 1996 as an aerodynamicist and race
engineer. Watson hails from England, and his extensive Formula
One background includes both aerodynamicist and design
engineer positions. |
|
10/20/02
Industry News |
Paralyzed
Jason Watt wins Danish Touring Car Championship
UPDATE Former Formula 3000
Danish star driver Jason Watt, who was paralyzed from the
waist down following a motorcycle accident in Europe, has made
a successful comeback in racing, just winning the Danish
Touring Car Championship in a specially equipped Peugeot 306
GTI. As far as we know, Watt is the first ever driver to
win a major championship using hand controls. Watt is
counted among Copenhagen's famous people including supermodel
Helena Christensen and the pop group Aqua. Prior to his
tragedy, Watt was on course to become the first Black driver
in Formula One. Watt is Black and Danish. He traveled from the
cobblestone streets of Denmark to the spotlight of
international racing prominence. He was a star in Formula
3000, comprised of a pool of the best young drivers from
around the world... just one step from Formula One. Watt's
racing resume is
most
impressive having won races and championships at every level
from Karts-to-Formula Ford-to-Formula 3-to-Formula 3000.
Blessed with good looks, a fun-loving laissez-faire attitude,
and tremendous abilities as a race car driver, he is a
sponsor's dream. Den Bla Avis, a Danish company, sponsored
Watt who signed with motorsport giant Super Nova Team Ltd.
Jason had driven Formula Opel/Lotus in 1995, came to
Alfa-Romeo in the German Touring Car Championship 1996 and to
F3000 in 1997 for the new team Den Blå Avis setup for Jason
and stayed there for 1998. In 1999 he went to SuperNova where
he finished 2nd to Nick Heidfeld (The 1999 F3000 International
Champion, Nick Heidfeld, is currently in Formula One and
considered one of the best.). The same team that Sebastian
Bourdais just became champion with and young Danish driver
Nicolas Kiesa just signed for. Jason became a father of twins
this year and married Majbritt Wingsøe, a former model and now
TVhost on Danish TV3. A channel that Jason had been working
for before, and he just got a TV-show called "Next game" where
he reviews console games. Interestingly, Jason Watt, Jan
Magnussen and Nicolas Kiesa all come from the town Roskilde
less than 30 miles from capital Copenhagen.
8/23/00 - Word from our Danish sources has it that Jason Watt is set
to enter an event at the Nürburgring driving a Panoz LMP-1 partnering Karsten Ree and sponsored by Ben Blå Avis (a Danish publishing concern)
in the Sports Racing World Cup series. For those who don't know, Jason Watt was a contender in the
International F-3000 series (winning at Spa-Francorchamps in '99) but was paralyzed
from the chest down after a tragic motorcycle accident in Copenhagen which
occurred during a photo shoot last Fall. The amiable black Dane was being considered for CART and F-1 rides before the horrible accident
sidelined his racing career. Jason has recuperated extremely well and has been taking part in
Danish Touring Car Championship (DTC) events driving a Peugeot 306 GTI with an articulated throttle/shift/brake mechanism with some very good
results, inspiring Danish racing enthusiasm and aspiring young black drivers Internationally.
Criticism of Jason Watt's re-entry into racing has come from Danish racing veteran John Neilsen who has voiced open concern regarding
Watt's race fitness and what may happen in the case Watt's car is involved a
racing incident or catches fire as it takes several minutes to remove Jason
from the car. Ironically, John Neilsen co-drives the sister Ben Blå Avis Panoz LMP
(to the) car Watt is scheduled to drive at the Nürburgring. Interesting enough,
Watt's times are usually within .001/second of Neilsen's in nearly identically
prepared cars at their DTC appearances. For more information on Jason Watt have a look at his
website (in Danish with some English
text. |
|
10/20/02
 |
Zanardi targets Lemans 24-hour
return It
was reported in Autosport magazine that Alex Zanardi is
targeting the Lemans 24-hour race (not sure what year) for his
return to the cockpit. He said he wants to do that race
with his friends Max Papis and Jimmy Vasser. The car
would have to be equipped with hand controls and feet controls
to accommodate both drivers. Think it can't be done?
Read the Hot News story about Jason Watt. |
|
10/20/02
 |
Montoya values family, tells of
horrors in Colombia "I've always had and I'm still
having a very close relationship with my family," Juan Pablo
tells the BMW Motorsport website. "My father, my mother, both
of my sisters and my brother. My family, some very close
friends and, of course, Connie always enjoy coming to the
races." "My father and my uncle raced as well," he adds.
"That's why motor sport has become more or less a part of the
family. I have always been enjoying full support. That's the
reason why I dedicated my life to racing." However there's one
part of his life that has changed dramatically, Juan Pablo no
longer lives in, or even returns to, Colombia, instead he
resides, along with most of his rivals, in Monaco. "For me
there is a difference between my home country and the place
where I live," he says. "At present my home is Monaco since I
live there. "I haven't been living in Colombia for seven
years," he adds. "Nevertheless it will always be my home
country." And why doesn't the WilliamsF1 star return home
between races or at the end of the season? "There is too much
kidnapping," he replies. "I'm the least in danger of all of my
family's members," he adds. "For the Colombians I'm really an
important figure I'm a very, very famous person there. Whoever
intended to do something to me would be weary of life. But I
could hardly live a normal life or simply go to a restaurant
or go shopping. "I'm an ambassador," he continues. "Have a
look at the Colombian flags waved at the stands. At some Grand
Prix races there are quiet a lot of them. I think that I can
give something to my country I can make the people happy. When
I'm racing they are almost paralysed, then everything is
stands still." |
|
10/20/02
 |
Petty tells Nadeau to stay home
Jerry Nadeau, injured Thursday while riding go karts, will not
drive the #44 Dodge again this season, team president and CEO
Kyle Petty said Friday. "He called me, said he was riding
go-karts and was in the hospital," said Petty just before
qualifying at Martinsville Speedway. "Then he called back
later and said it was probably going to be (out) four to six
weeks. Jerry's not driving for us next year, so the best thing
for him to do is sit at home and do his stuff so he can come
out strong next year. If he's smart he'll sit out the rest of
the year. I think he will sit out the rest of the year. He
hurt his shoulder and I think he tore some ligaments or some
tendons or muscles. So it's going to have to repair itself. I
think the doctors can do something for him, rehab and stuff.
But it's a time thing. When you look at that, he should just
take his time and heal himself." Nadeau is rumored to be
taking over MB2 Motorsports' #36 Pontiac in 2003. Petty is
uncertain whether Steve Grissom will drive the car in the
coming weeks, due to his obligations with Jimmy Spencer's #34
BGN team. He was elated Grissom could drive this weekend.
NASCAR.com |
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