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BILL KOENIG GIVES THE EARLY LINE ON IRL/CART TITLE DEALS

          With both CART and IRL signing new title sponsorship
     deals before this season, with FedEx and Pep Boys,
     respectively, SPEEDNET's Bill Koenig writes that Pep Boys
     seems to "be a little more active, at least initially" in
     its sponsorship activation.  Koenig reports that IRL themes
     "have figured into some Pep Boys advertising and
     promotions," although the company said it "is still learning
     what works and what doesn't."  IMS VP/Sales & Marketing John
     Newcomb said that IRL officials "have been happy" with Pep
     Boys' efforts, and added that IMS is in "very serious
     discussions" with the auto parts and service chain about
     licensing it the name Gasoline Alley.  Should that occur,
     Koenig writes that Pep Boys "would create a Gasoline Alley
     section in its stores."  FedEx says that "it is taking a
     slow but steady course" on its promotional efforts.  FedEx
     has provided package shipping services for CART teams and
     sponsors, and recently "has expanded its presence, with a
     new FedEx transporter truck at CART events."  FedEx said
     that it sees the first year of its deal as a "learning
     period."  CART President & CEO Andrew Craig: "With any long
     term relationship, it takes time for programs to be
     developed" (Bill Koenig, SPEEDNET, 7/22).

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