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INDIANAPOLIS MOTOR SPEEDWAY TAKES INDYCAR NAME FROM CART
Published March 20, 1996
In a letter Tuesday, the Indianapolis Motor Speedway (IMS) said it is ending an agreement that gives CART the use of the brand name "IndyCar," according to the INDIANAPOLIS STAR-NEWS. CART originally licensed the brand name from IMS in '92 for "marketing purposes." IMS officials say CART violated this agreement by staging an event against the Indianapolis 500, and have called on CART to cease using the name within 30 days. CART spokesman Adam Saal said the request was "under review," but had no further comment. IMS VP Bill Donaldson: "You can't have a series that has the name 'Indy' that doesn't run at the Indianapolis 500." Donaldson also noted the licensing accord has language that prevents CART from putting IMS or the sport "in an unfavorable light." He said CART's remarks about the IMS, the race and Tony George are also "violations." IMS attorney Jack Sydney said the letter will not affect the name of the PPG IndyCar World Series, the official name for CART's 16-race series, as PPG sponsors both CART and the Indy 500 (Bill Koenig, INDIANAPOLIS STAR-NEWS, 3/20).