Four CART Board Members Resign - aftermarketNews

Four CART Board Members Resign

James Hardymon, James Henderson, Rafael Sanchez and Frederick Tucker have resigned from the Championship Auto Racing Teams (CART) board of directors, leaving President and CEO Christopher Pook as the sole member of the board. Their resignations come after the recent news that CART's assets of would be bought out by Open Wheel Racing Series LLC, following a failed merger attempt between the two racing organizations.

INDIANAPOLIS — James Hardymon, James Henderson, Rafael Sanchez and Frederick Tucker have resigned from the Championship Auto Racing Teams (CART) board of directors, leaving President and CEO Christopher Pook as the sole member of the board. Their resignations come after the recent news that CART’s assets of would be bought out by Open Wheel Racing Series LLC, following a failed merger attempt between the two racing organizations.

Pook offered his thanks for the contributions each director has made to the company.

“On behalf of the company and its shareholders, I wish to extend my heart felt thanks to Jim Hardymon, Jim Henderson, Ralph Sanchez and Fred Tucker for their guidance and dedication during their tenures as directors,” Pook said. “They have committed a substantial amount of time and energy in fulfilling their obligations as directors, and we appreciate the support each has provided to the company and our sport. The company will no longer be actively engaged in business operations and intends to wind up its affairs in an expeditious manner.”

For more information on CART, go to: www.champcarworldseries.com.

To write a letter to the editor, click here: [email protected].

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