FedEx lo longer series sponser

[StuiE]

From RPM.espn.com (the address came up from my hotmail browser, so i don't know the proper address)

Friday, October 25

Pook seeking new sponsor
Associated Press


SURFERS PARADISE, Australia -- CART president Chris Pook said Friday that the series has lost its title sponsor for next year and has no plans to merge with Formula One.

Pook, who became president and chief executive officer of the U.S.-based open-wheel series last December, said he was speaking with several companies about replacing FedEx, the series' title sponsor since 1997.

"The relationship was wonderful, they shipped a lot of stuff out of our paddock,'' Pook said of FedEx.

"As a series sponsor, we loved them. But the fact of the matter is in these sort of series, you have to have a series sponsor who activates to the retail market. That was not FedEx's game plan, that was never their game plan.

"I hope they will continue to work with us, but I must say that other freight companies are talking to us pretty rapidly. We need to activate a series sponsor who can reach our retail audience.''


It also said that there were no plans to merge with F1, but noone whants to know about that do they?

Any ideas whay FedEx left?
Can they get a title sponser for 2003?