STATEMENT
FROM INDYCAR ON BRASÍLIA EVENT
INDIANAPOLIS - Today's
announcement by BAND that the March 8 INDYCAR race in Brasília was cancelled was
both unexpected and disappointing. INDYCAR had received every indication that
the race was already a success: Two-thirds of the seats available for the event
had already been sold; a title sponsor for the event (ITAIPAVA) was announced
yesterday; hospitality was sold out; and track construction was progressing and
scheduled to be complete in time for the event.
Although we have not received
formal confirmation from our partners in Brazil regarding the cancellation,
economically INDYCAR is protected and the paddock is protected from such
action.