Championship series pays out mid-season points fund

HIGHLAND PARK, Ill. (July 24, 2002) -- The CART Toyota Atlantic Championship announced today its mid-season payout of the $1,000,000 points fund. Jon Fogarty (Dorricott Racing/Thomas Fogarty Winery & Vineyards Swift 014.a), with a total of 74 points following the CART Grand Prix of Chicago, earned $47,193.88 of the $500,000 payout.

"The 2002 season is the first time that the CART Toyota Atlantic Championship Series has had a $1,000,000.00 points fund," quoted CEO and President, Vicki O'Connor from her Highland Park, Illinois Pro-Motion Agency office. "By paying out $500,000 at the half way point, we feel that we are providing the teams with an important influx of income at a point in the season where this income is most useful to them. The remaining $500,000.00 will be dispersed at the end of the season based on points earned in the second half of the season - Toronto through Denver. The total prize money for the 2002 season exceeds $2,200,000.00, a new record for CART Toyota Atlantic."

In addition to the money earned in the points fund, Fogarty had also won $63,500 in race winnings following the Chicago event, second only to the $66,500 earned by Ryan Hunter-Reay (Hylton Motorsports /Medlock Ames Winery/U.S. Print Swift 014.a).

The season is now entering its stretch run with the final four races of the 2002 campaign taking place during the month of August. Michael Valiante (Lynx Racing Swift 014.a) now leads in the Championship with 101 points, but is followed closely by Hunter-Reay and Fogarty with 93 and 92 points respectively.

For full results and updated statistics, go to www.toyotaatlantic.com

The CART Toyota Atlantic Championship is one of the world's premier open-wheel development series and the top rung on CART's "ladder system", as well as having $100,000 race purses and a one million dollar points fund. It is also noted for its long history of graduating its stars into CART competition. Among the drivers who have graduated from the Atlantic Series are CART Champ Car stars Michael Andretti, Jimmy Vasser, Patrick Carpentier, Alex Tagliani as well as former series champions Bobby Rahal, Danny Sullivan and Jacques Villeneuve.

<pre> Toyota Atlantic Mid-Year Points Payout

        Driver                  Team                    Points  Payout
 1      Jon Fogarty             Dorricott Racing        74      47,193.88
 2      Michael Valiante        Lynx Racing             73      46,556.12
 3      Roger Yasukawa          Hylton Motorsports      67      42,729.59
 4      Luis Diaz               Dorricott Racing        60      38,265.31
 5      Ryan Hunter-Reay        Hylton Motorsports      59      37,627.55
 6      Rocky Moran Jr.         Sigma Autosport         59      37,627.55
 7      Alex Gurney             Dorricott Racing        55      35,076.53
 8      Rodolfo Lavin           Michael Shank Racing    50      31,887.76
 9      Jonathan Macri          P-1 Racing              47      29,974.49
10      Ryan Dalziel            Michael Shank Racing    44      28,061.22
11      Waldemar Coronas        Scuadra Fortia          38      24,234.69
12      Grant Ryley             Lynx Racing             24      15,306.12
13      Stephan C. Roy          BBGP Racing             20      12,755.10
14      Alex Figge              Worldspeed Motorsports  18      11,479.59
15      Sepp Koster             Michael Shank Racing    18      11,479.59
16      Buddy Rice              DSTP Motorsports        18      11,479.59
17      Joey Hand               DSTP Motorsports        15       9,566.33
18      Nicolas Rondet          Condor Motorsports       9       5,739.80
19      Derek Higgins           P-1 Racing               7       4,464.29
20      Dave Wieringa           Sigma Autosport          7       4,464.29
21      Frank Dancs             Condor Motorsports       6       3,826.53
22      Hugo Oliveras           Condor Motorsports       6       3,826.53
23      David Cutler            P-1 Racing               5       3,188.78
24      Carl Russo              Performance Development  3       1,913.27
25      Alex Garcia             Transnet Racing          1         637.75
26      David Martinez          Condor Motorsports       1         637.75

-cart/atlantic-