CART, which filed for bankruptcy on Tuesday, signed over its assets to OWRS on Monday, in a deal which seemed to safeguard the future of the troubled series.
CART alleges that the Road America contract now is part of the bankruptcy proceedings to be decided by an Indianapolis judge. Its attorneys contacted CART about the move on Monday.
Said George Bruggenthies, president and general manager of Road America: “All of CART's assets are before a bankruptcy judge, and resolution of the bankruptcy issues could take quite a while. Everything is up on the air, and again this year Road America's race fans can't make definitive plans.
"No one can predict the future, and the future for CART at this point is uncertain because everything is in the hands of a judge who must make a decision on a complicated bankruptcy.
"The Grand Prix of Road America's schedule will go forward with the notation 'CART to be determined'."
Other series slated to compete during the Grand Prix of Road America weekend include Motorock Trans-Am Series for the BF Goodrich Cup, Toyota Atlantic and a Barber Dodge Pro Series doubleheader. Other series may be added.
Added Bruggenthies: "We have a business to run, and at the most basic level, products to sell.
"Our product is racing entertainment and all that involves, from race fans making summer plans and buying tickets to corporate relationships.
"We need adequate time to market our schedule. This unexpected manoeuvre by CART has really placed things up in the air for 2004.
"We must be responsive to the motorsports business and work to deliver an excellent racing and entertainment experience for Road America's race fans, sponsors, riders and drivers.
“We'll keep the lines of communication open, and like other open-wheel race fans, hope for the best."
