CART FEDEX CHAMPIONSHIP SERIES: GRAN PREMIO

November 17, 2002

Roberto Gonzalez

Chris Pook

Derrick Walker

DERRICK WALKER: First of all, let me thank everybody for coming here today. We're here to announce part of our program for 2003. We're going to be running with Roberto Gonzales a full season in CART. We're very pleased to obviously announce this here in Mexico because of the importance to this region and the significance of having Roberto in the series. I'm sure we'll have lots of questions. I'll answer with as much time as we've got. We're very pleased to be here and announce it here in Mexico, and also to put another commitment to dispel the rumors that CART is going out of business. Here is another team committed here this weekend. We're very pleased to announce it here.

ROBERTO GONZALES: It's been a great day for me. It's been a dream come true. We've worked so hard for this moment. It's been going great since we first met with Walker, Mr. Walker has been really I felt good to talk with. I really felt comfortable with Walker. I'm very happy being with Mr. Walker. He has done a great job during the last years - you all know that. I feel great to be part of CART. (Comments in Spanish.)

CHRIS POOK: Obviously, I'm absolutely delighted about this. Derrick is a very, very good friend, a good supporter. To be able to see him get a young driver of the talent that he has here is excellent. This is probably what you saw today, ladies and gentlemen, the fastest rookie test that CART has ever conducted. He got the car off the line very well. He put his laps in. He was welcomed by the crowd. Again, just goes to reinforce where we're going with our NAFTA marketing initiative. Another young, talented, articulate driver coming to our series that will push the button very hard. He's going to be part of one of our most excellent teams. We're delighted and we congratulate Derrick on this move. We know that this young man, who has been racing in Europe, is very talented, is going to do extremely well. You're going to be very pleasantly surprised by the ability of this young driver. Congratulations to both of you. Thank you very much.

DERRICK WALKER: First of all, it's in the contract, he has to wear it night and day (laughter). We got off to the right start. He's wearing it here today. No, it's a logo change for us. It's one thing we've been playing around with, trying to turn over a new page in our history. As you can see, today's announcement heads down that way. Roberto, as instructed, is wearing the hat.

DERRICK WALKER: There will be. Probably there's a lot of work to be done to actually sort through the interest that has come about because of this agreement that we've done. There is a lot of new companies out there that have been talking and looking at CART. We're not in a position to actually announce it today, but I can say that you'll be pleasantly surprised and pleased when you see some of the names that will come along and be supporting Roberto in his racing career.

CHRIS POOK: Well, as you know, we're on the record as saying we want a maximum of 22, a minimum of 18. So I suspect that by the time we get to spring training, we're going to be right at the 20 mark, and maybe one more. But it's all coming together. When we made the announcement in Denver that we would definitely have 18 cars, we knew where we were going, we knew the talent pool that was out there for us. I think one of the important things here is you do see a changing of the guard. You saw it earlier with Michel staying in the series, being a young driver. You see Roberto is a young driver. You're going to see I think quite a few more youngsters who are really aggressively pushing the button. This is not unusual. If you look at NASCAR right now, Winston Cup, they have a young load of drivers that have suddenly emerged this year. It's a young person's world. The athletes are getting younger and younger by the day. That's what you're seeing in this series. Once again, you're going to see an incredibly competitive series again next year.

DERRICK WALKER: Good question. One of the things that we certainly have suffered in the current program is being a one-car team. We've had a great relationship with Patrick Racing where we've shared everything we can without actually being a one-car team. It's not enough. You do need to have two drivers. That's what the series needs. It needs to have strong teams with strong lineups. We're working very hard on our second program, we're certainly trying to close it as quick as we can so we can get Chris off the hook with the 18 -, 20-car count that everybody keeps asking him about. We're going to be a two-car program next year. I think that will work better for Roberto and us as a team.

DERRICK WALKER: Testing will start as soon as we possibly can. Obviously with some equipment change with the engine, there is a supply issue, availability of the engines. But we've got some ideas. We were talking about it just trying to coming into this press conference. We're going to be out there as soon as we can because there's a lot to do. As soon as the equipment hopefully comes out, we'll get out, try to run some laps, get started on next year early.

ROBERTO GONZALES: I've been running the past two seasons in Europe. This year I've been running the Telefonica World Series, which is Formula 3000. It's been very competitive. We've been 20 cars on the grid all the time. It's been like 16 cars within one second. I've been fighting a lot. I've been learning a lot, not only as a driver in the car, but out of the car also. It's been helping me a lot for my next step, which is CART. The previous year I was running the Formula Chrysler in Europe, which is also a Formula 3000 chassis, but with a little less power, like 350 horsepower. It's been big cars. Before that I did three years of Indy Light Pan American here in Mexico. I ran the Formula 3 and ran the Formula 2. My earlier years I went through all the classes in karting.

DERRICK WALKER: Well, first of all, CART has introduced the system they had several years ago where the they incentivize the teams like a franchise system to come along and compete at every event. There's incentives you get as a team which rewards you for participation. That allows the series to go out and sell a guaranteed number of cars at each event. There's that element. The second element is, because they're out there selling the sport as we are, selling sponsorship for TV, for track signage, they are interested in buying some of our rights. There is a possibility they can buy some spots on our race cars, uniforms, resell it to potential sponsors. They're a true partnership in the sense they're not only a governing body, but they're trying to understand what you need and how they can deliver potential sponsors or give you extra value to sell your sport. So in the particular case, in Roberto's case, the companies that we're talking to, we're able to talk to them at two levels. We're talking at the track side level with the race car, with Roberto, going racing, at the same time we're talking on the commercial side where they can be involved in the telecast and get the key items that are available from the sanctioning body. That's one thing, having gone through this process with Roberto now, his potential sponsors, some of the companies we've been talking to, CART is very focused, realizing, helping, trying to develop those opportunities for you. They've given us an added benefit to go out and sell in the marketplace. They're not just a sanctioning body; they're actually helping us sell our company and the sport. Tremendous difference. It's night and day compared with a year ago at this time. There's no comparison.

DERRICK WALKER: Well, certainly we're only behind in the sense that Roberto hasn't experienced a CART car in competition yet. That's the same for every rookie. There will be a lot of rookies in the series, new drivers to the series, as Chris has indicated. I think that's where the team element comes in. We have a lot of experience on our team, a lot of good people. We're used to dealing with young drivers. We actually enjoy young drivers, the enthusiasm that they bring to the team. Of course, as a team owner, you're always looking at these young guys and saying, "Is this your next Michael Schumacher, Rick Mears," whoever. You're always looking for the spark, getting involved with them at the beginning of their career. It's really exciting. The team is really glued to this program behind Roberto. They sense the energy there.

DERRICK WALKER: No, not necessarily. There's a large range of sponsors from different regions. It's not solely Mexican sponsors, no.

CHRIS POOK: The vice president of operations John Lopes, and his technical director Lee Dykstra, are in the process of discussing this now, extra time for the rookies to come in and get them acquainted. Although, by the look of this rookie today, he doesn't need too much acquainting, if he can get the car off the line without stalling it.

DERRICK WALKER: You need a lot more days, Chris. Come on. We're going to have the budget. Come on.

CHRIS POOK: There definitely will be some additional days for rookie testing so that when the rookies do get here, they'll be competitive. I do want to point out to you that Mr. Lotterer came here this weekend as a brand-new rookie. He's done an extremely respectable job this weekend. If you remember Darren Manning at Rockingham also was on the verge of being spectacular for his first run. I'm very, very confident that give Roberto a couple of days in the car, the type of car that Derrick is able to put under him, if you go back and look at some of Derrick's qualifying and positioning he's had this year, he's put a very, very good racing car underneath his driver on numerous occasions. I think he will continue to do that. When he does that, the driver that can push the buttons, particularly a young, aggressive driver that's coming out of the 3000 series, that understands the intensity of that competition, I think you're going to be very, very surprised.

ROBERTO GONZALES: I started in '89. A few now. Actually, I started in Formula Karts in '94. A little over eight years.

DERRICK WALKER: Obviously, I talked to a number of people who had good experience, had seen him race, could evaluate what potential we had there. I think part of the secret of getting involved with young drivers is actually finding them before anybody else does. If you wait too long, you will find there's 10 other guys jumping all over him. Certainly there was a lot of competition with Roberto this weekend, I can tell you. There was a lot of behind-the-scenes maneuvering to protect our position here. But that's really it. We researched his background, talked to some people that said they had a lot of confidence in his ability. As a team, that's what we need. We need to have some basis to start building a really competitive package. A key ingredient is the driver. We're looking towards the future - as is CART. When you look at the region, you look where the interest is, the kind of events that we're having, this Mexico event is a classic CART event if there ever is one. The experience that we're getting out of what we're seeing here in Mexico is something we need to reproduce as many times as we can, because that's the secret of our success. When you look at that interest there, you look at the talent that's going to come out of Mexico because of our interest in this region, it's going to be the place to be looking in the future. Hopefully we're ahead of the curve here with Roberto, with the new breed that's coming out of Mexico, to come into CART.

CHRIS POOK: I think Mexico has a very good chance of getting a CART championship. You have some excellent pilots in the series this year, and next year you're obviously going to have a fourth driver. I think what's very good down here is the effort that companies, Mexican companies, such as Telmex, Tecate, are putting into the development of young drivers, particularly Carlos, who is passionately supporting the development of Mexican drivers. I have to say to you, if you keep pumping out this young talent, you're going to win a championship here. I would suggest to you very respectfully that if you have a Mexican pilot that wins the championship here, his next step will be to get a Mexican driver back to Formula 1. You'll have a Mexican driver very shortly in Formula 1. Clearly that's the goal that Roberto has here. He obviously wants to win a championship with us, and he would like to emulate Cristiano da Matta, Juan Montoya, Jacques Villeneuve in going forward. I don't know that for a fact, but I have to assume that.

ROBERTO GONZALES: That's right.

DERRICK WALKER: Subject to his contract, that is (laughter).