Anyone follow CART? Want to invest?
Championship Auto Racing Teams, Inc.
IPO This Week
ipocentral.com
Other IPO analysts said Championship Auto Racing Inc
could flourish. The auto-racing league is selling 4.5
million shares in an offering led by Jefferies & Co. Pricing
range is between $14 and $16 a share.
"This is an Indy-racing league that's comprised of all of
the really well-known drivers here in the U.S.," said Ryan
Jacob, director of research at IPO Value Monitor.
newsalert.com
The world's top race car drivers entrust their lives to good tires. Now Microsoft Corp. is working with the world's
leading tire manufacturer to promote CART Precision Racing, the award-winning PC auto racing game tested by many
of the world's leading race car drivers.
As part of the collaborative effort between Microsoft and Bridgestone/Firestone Tire Sales Co. announced today,
consumers who purchase four Firehawk SZ50 or SH30 tires between March 1 and April 31 will receive Microsoft CART Precision Racing software free (an approximate retail value of $50). The promotion (open to residents of the United States and Canada) is the first for the official licensed product of Championship Auto Racing Teams Inc., and
represents Microsoft's first promotion with an automotive product.
newsalert.com
DETROIT--(BUSINESS WIRE)--Dec. 23, 1997--Championship Auto Racing Teams Inc., which owns, operates and sanctions the open-wheel motorsports series known as the FedEx Championship Series (previously the PPG CART World Series), today announced that it has filed a registration statement with the Securities and Exchange Commission to
sell 4,573,000 shares of common stock in an underwritten public offering. Of the 4,573,000 shares to be offered, approximately 4,333,000 shares will be sold by the company and 240,000 shares will be sold by certain selling stockholders of the company.
newsalert.com |
