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CART




Wednesday, November 5

California Speedway seeks nearly $2.5M
Reuters

NEW YORK -- The company that owns California Speedway has filed a lawsuit requesting a declaratory judgment against CART after the final race of the series was canceled.

International Speedway Corp (ISC) wants the forest fires in San Bernadino County, Calif., that led to the Nov. 2 race being called off declared a "force majeure."

ISC said in a statement such a declaration, under the terms of its contract with CART, would entitle the racetrack to recover fees of some $2.5 million less a mutually agreed upon amount for reasonable expenses incurred by CART in preparation for the race.

Paul Tracy clinched the CART series title in October in a race at Surfers Paradise, Australia, and was crowned champion in a ceremony in California on Tuesday.

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