New CART CEO in place within a month

Bobby Rahal said he and his fellow team owners will decide who will take over as CART's permanent CEO in early to mid-November.

New CART CEO in place within a month

"We don't have a set date," Rahal said. "We understand there's some time pressure to it but we want to know we have the right guy.

"An interviewing process has been going on over the the last 30 days. I think in the next 21 days we'll have a pretty good idea of who my successor will be."

Rahal starts his new job with Jaguar in Formula 1 on December 1. He will retain his CART team, which may even expand to run a third car in 2001.

Speaking at Surfers Paradise on the latest situation in CART, Rahal said he believes CART will determine it's 2003 engine rules by March of next year, as required by the rules. "I think we've got to make our engine formula known within the next four or five months," Rahal said.

"That would give everybody time to prepare for 2003. We just want to make sure we do the right thing. The current formula has been in effect for a long time and we want to get the same kind of longevity from the new formula."

CART's acting CEO was also asked to comment on the FIA's recent declaration that tobacco advertising would not be allowed in FIA-sanctioned motor sports events after 2006.

"That's not anything different than what we've known for some time," Rahal said. "Until 2006 we are prety much as we are today. If I was a betting man I would say that tobacco advertising and sport will be impossible anywhere after 2006."

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