Overheard in Cleveland – 5

UPDATE #2 This rumor is upgraded to 'fact' with today's Rexall GP of Edmonton announcement – see Hot News page.

06/24/07 AutoRacing1.com has learned that the sponsorship announcement Wednesday will be for a new title sponsor for the Grand Prix of Edmonton. We know the company but that info is embargoed until Wednesday. We can tell you that it's a large company with almost 2,000 locations in the USA and Canada.

06/24/07 One rumor making the rounds in Cleveland is that Sebastien Bourdais already knows he has a deal to move to F1 in 2008, though he and the Newman/Haas/Lanigan team are saying publicly that no decision has been made yet……..Tied in with that rumor is that another top Champ Car driver is already being eyed to replace Bourdais……..Also hearing that a driver in the IRL is also eyeing a possible move to Champ Car. We have yet to learn who this driver is, but if it's a driver who wants to apply his skills and not drone around at 100% throttle (even Milka can do that), or if it's a driver that has F1 aspirations, Champ Car with its 100% road racing and standing starts is a much better place to be……..We heard that the sponsor announcement coming out Wednesday has nothing to do with the AVN Racing deal we reported on our Hot News page. The Wednesday announcement will be from Canada. Perhaps it will be related to the Grand Prix of Toronto contract extension deal we previously reported.

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