The Indianapolis Star reported in Monday’s editions that International Speedway Corporation, which owns tracks including Daytona International Speedway, had a presence at the Dec. 30 bankruptcy hearing for Championship Auto Racing Teams. ISC spokesman David Talley said that his company is not interested in bidding on the faltering open-wheel series, and that the company’s presence at the hearing was a representative of 88 Corp., an ISC subsidiary that owns California Speedway. That track is seeking reimbursement of a $2.5-million sanctioning fee for the cancellation of its CART race this fall. CART claimed the track canceled the race because of wildfires. Open Wheel Racing Series, made up of three CART team owners, has submitted a bid to purchase the circuit. A judge will review all bids on Jan. 28.(St Petersburg Times)(1-14-2004)
