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SBD/April 13, 2011/Leagues and Governing Bodies
IndyCar Driver Advisory Group Serving As Liaison To League For Improvements
Published April 13, 2011
RISKY BUSINESS: In Indianapolis, Curt Cavin noted the $5M bonus IndyCar CEO Randy Bernard has offered “will be on the line Oct. 16 for five non-IndyCar drivers” at the season-ending race at Las Vegas Motor Speedway. But it “remains unclear how one of those drivers, should he win the race," will be paid. Bernard on Sunday said that he “hasn’t decided whether to buy insurance to cover the potential payout -- the cost could reach seven figures -- or have the sanctioning body assume the risk.” If Bernard chooses to assume the risk, then he must decide “how many years the payout will be for,” and a “one-time lump sum seems likely.” Bernard said it could be “one year, 10 years, five years, something like that.” Meanwhile, Bernard said that an “official assessment of earthquake damage at the Twin Ring Motegi circuit in Japan will begin this week.” IndyCar is “scheduled to make its final trip there Sept. 15-17,” but Bernard said that the series “will honor whatever decision Motegi officials make” (INDIANAPOLIS STAR, 4/11).