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EXHIBIT 10.7
CHAMPIONSHIP AUTO RACING TEAMS, INC.
OFFICIAL ORGANIZER/PROMOTER AGREEMENT
HOUSTON, TEXAS
EXECUTION COPY as of: July 28, 1997
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CHAMPIONSHIP AUTO RACING TEAMS, INC.
OFFICIAL ORGANIZER/PROMOTER AGREEMENT
The undersigned hereby applies for the right to conduct a PPG CART World Series
race Competition sanctioned or co-sanctioned by Championship Auto Racing Teams,
Inc. ("CART"), upon the following terms and conditions. It is understood that
this is an application only until accepted and approved by CART in writing and
that this Competition shall not be advertised or communicated to the public,
press or any other media or business arrangement as having been approved by CART
until this application has been so approved and until an official sanction has
been granted by CART.
Track: City of Houston Temporary Circuit
Location: Xxxxxx X. Xxxxx Convention Center
Organizer/Promoter: Texaco Houston Grand Prix LLC
Address: 000 Xxxxx Xxxxxxx
Xxxxxxxxxxxx, XX 00000
Telephone: (000) 000-0000
Facsimile: (000) 000-0000
Race Distance: 200 Miles
Track Length and Type: 1.68 Miles, Temporary Street Circuit
Postponed Date: Rain tires will be used
DEFINITIONS:
A. The term "Competition" as used herein shall include the annual Indy
car race(s) designated hereinabove, as well as all time trials,
practice runs and rain or postponed dates related thereto.
B. The term "Event" as used herein shall include the Competition(s) as
well as any other race(s), race-related activities or any other
activities associated with the Competition(s), as approved by CART
hereunder.
C. The terms "Dollars" and "$" refer to the lawful currency of the
United States of America.
D. References in this Agreement to "PPG" shall be to PPG Industries,
Inc., or (where applicable) any successor Series title or co-title
sponsor.
1. A. Subject to compliance with all the terms and conditions set forth
in this Agreement, Organizer/Promoter shall organize, promote and
conduct a PPG CART World Series race Competition in the following
year(s): 1998, 1999, 2000, 2001, 2002 and 2003.
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B. The date for the 1998 race will be October 4, 1998. CART and
Organizer/Promoter will mutually agree as to the date for the
subsequent race(s). However, subject to television availability
(network and/or major cable), the dates for such subsequent races
shall be in accordance with the following agreed dates:
1999 - September 26 or October 10
2000 - October 1
2001 - October 7
2002 - October 6
2003 - September 28 or October 5
C. Organizer/Promoter agrees not to organize, promote, conduct,
authorize or permit the staging of any other major motor racing
event(s) at the track(s) designated hereinabove, without the
approval of CART, within the following period of time either
preceding or following any Competition hereunder: thirty (30) days.
D. Provided Organizer/Promoter is not in default hereunder,
Organizer/Promoter shall have the exclusive right to organize and
promote each and every CART sanctioned temporary street course Indy
car race held in the State of Texas during each year covered by this
Agreement.
E. The parties shall have a reciprocal right of first negotiation for
the extension of this Agreement beyond the Events covered hereunder,
through a reasonable period of good faith negotiation.
F. The parties acknowledge that this Agreement is subject to and
contingent upon the approval of the Houston City Council, which
Organizer/Promoter anticipates will be given forthwith. Unless
Organizer/Promoter notifies CART in writing on or before August 22,
1997, that such approval has not been given, this contingency shall
lapse, and this Agreement will continue in full force and effect.
2. The total Organization and Rights Fee payable for the 1998 Competition
shall be One Million Two Hundred Fifty Thousand ($1,250,000.00) Dollars
and shall be paid to CART as follows:
A. Fifteen (15%) percent, or One Hundred Eighty Seven Thousand Five
Hundred ($187,500.00) Dollars by January 1, 1998.
B. Thirty-five (35%) percent, or Four Hundred Thirty Seven Thousand
Five Hundred ($437,500.00) Dollars by July 1, 1998.
C. The balance due of Six Hundred Twenty Five Thousand ($625,000.00)
Dollars not later than thirty (30) days prior to the date of the
race.
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3. The total Organization and Rights Fee payable for the 1999 Competition
shall be One Million Four Hundred Fifty Thousand ($1,450,000.00)
Dollars and shall be paid to CART as follows:
A. Fifteen (15%) percent, or Two Hundred Seventeen Thousand Five
Hundred ($217,500.00) Dollars by January 1, 1999.
B. Thirty-five (35%) percent, or Five Hundred Seven Thousand Five
Hundred ($507,500.00) Dollars by July 1, 1999.
C. The balance due of Seven Hundred Twenty Five Thousand ($725,000.00)
Dollars not later than thirty (30) days prior to the date of the
race.
4. The total Organization and Rights Pee payable for the 2000 Competition
shall be One Million Nine Hundred Fifty Thousand ($1,950,000.00)
Dollars and shall be paid to CART as follows:
A. Fifteen (15%) percent, or Two Hundred Ninety Two Thousand Five
Hundred ($292,500.00) Dollars by January 1, 2000.
B. Thirty-five (35%) percent, or Six Hundred Eighty Two Thousand
Five Hundred ($682,500.00) Dollars by July 1, 2000.
C. The balance due of Nine Hundred Seventy Five Thousand ($975,000.00)
Dollars not later than thirty (30) days prior to the date of the
race.
5. The total Organization and Rights Fee payable for the 2001 Competition
shall be Two Million Four Hundred Fifty Thousand ($2,450,000.00)
Dollars and shall be paid to CART as follows:
A. Fifteen (15%) percent, or Three Hundred Sixty Seven Thousand Five
Hundred ($367,500.00) Dollars by January 1, 2001.
B. Thirty-five (35%) percent, or Eight Hundred Fifty Seven Thousand
Five Hundred ($857,500.00) Dollars by July 1, 2001.
C. The balance due of One Million Two Hundred Twenty Five Thousand
($1,225,000.00) Dollars not later than thirty (30) days prior to the
date of the race.
6. The total Organization and Rights Fee payable for the 2002 Competition
shall be Two Million Seven Hundred Thousand ($2,700,000.00) Dollars and
shall be paid to CART as follows:
A. Fifteen (15%) percent, or Four Hundred Five Thousand ($405,000.00)
Dollars by January 1, 2002.
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B. Thirty-five (35%) percent, or Nine Hundred Forty Five Thousand
($945,000.00) Dollars by July 1, 2002.
C. The balance due of One Million Three Hundred Fifty Thousand
($1,350,000.00) Dollars not later than thirty (30) days prior to the
date of the race.
7. The total Organization and Rights Fee payable for the 2003 Competition
shall be Two Million Seven Hundred Thousand ($2,700,000.00) Dollars and
shall be paid to CART as follows:
A. Fifteen (15%) percent, or Four Hundred Five Thousand
($405,000.00) Dollars by January 1, 2003.
B. Thirty-five (35%) percent, or Nine Hundred Forty Five Thousand
($945,000.00) Dollars by July 1, 2003.
C. The balance due of One Million Three Hundred Fifty Thousand
($1,350,000.00) Dollars not later than thirty (30) days prior to the
date of the race.
8. A. Organizer/Promoter expressly understands and agrees that said
Organization and Rights Fees are intended to be net and are
non-refundable except as expressly provided in this Agreement. If
said Organization and Rights Fees are not paid to CART in the
manner and by the time provided above, CART shall have the option
to declare this Agreement terminated, in which circumstance CART
will be relieved from any further liability or responsibility
hereunder, and in addition, Organizer/Promoter shall forthwith
pay to CART and CART shall be entitled to enforce collection of
the total amount required under this Agreement as liquidated
damages and not as a penalty, together with all costs incurred by
CART in connection therewith, including reasonable attorney fees,
and interest at the rate of twelve (12%) percent per annum.
B. Organizer/Promoter shall not be responsible for any purse
distribution whatsoever in respect to a Competition. CART must
approve any and all awards given in conjunction with a Competition
and/or for the PPG CART World Series. Organizer/Promoter agrees to
provide driver and owner trophies in recognition and representative
of the achievements of at least the first three (3) finishing
positions in each Competition.
9. A. CART shall be responsible for providing not less than eighteen (18)
entrants for each Competition. If CART is unable to provide eighteen
(18) entrants for any Competition, Organizer/Promoter shall have the
right to cancel such Competition, providing that Organizer/Promoter
first informs CART in writing of such intent, and provided further
that eighteen (18) entries have not been received within seven (7)
days after receipt by CART of such notice. If Organizer/Promoter
under
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these circumstances exercises this cancellation right, it will be
entitled to the return of the portion of the Organization and Rights
Fee theretofore paid for such Competition.
B. Either party hereto shall have the right to cancel a Competition due
to a "force majeure". "Force majeure" shall mean any event or
circumstances (whether arising from natural causes, human or
governmental agency or otherwise) beyond the control of the parties
including by way of illustration, but not by way of limitation,
strikes, lock-outs or other labor disputes, civil strife, war,
flood, fire, or acts of God. If there is an unexpected cancellation
due to a 'force majeure", Organizer/Promoter will be entitled to the
return of the portion of the Organization and Rights Fee theretofore
paid, except that Organizer/Promoter agrees that CART may retain a
sum equivalent to the necessary expenses reasonably incurred by CART
and its teams in preparing for such Competition, which expenses
shall be mutually agreed by the parties provided, however, that if
the parties are unable to agree informally as to the amount of such
expenses, such dispute shall be submitted to binding arbitration and
the result of such arbitration shall be enforceable by any court
having jurisdiction.
C. If Organizer/Promoter cancels or fails to stage a Competition for
any reason other than those mentioned within this paragraph 9,
Organizer/Promoter shall forthwith pay to CART and CART shall be
entitled to enforce collection of the total amount required under
this Agreement as liquidated damages and not as a penalty,
together with all costs incurred by CART in connection therewith,
including reasonable attorney fees, and interest at the rate of
twelve (12%) percent per annum.
10. Except as expressly provided herein, Organizer/Promoter owns and shall
have exclusive control over all commercial rights to each Event
including by way of illustration, but not by way of limitation, the
right to sell and receive all the proceeds from Event sponsorships,
signage, admission tickets, programs, novelties, concessions (including
food and beverage), catering (including food and beverage), hospitality
facilities, hotel rooms, expositions, displays, parking spaces,
banquets and licenses to parades.
11. Organizer/Promoter shall assume and perform all organizational and
promotional activities for each Event except as otherwise provided herein,
including but not limited to business organization, promotional activity,
management, marketing, general affairs, selling tickets, track maintenance
and accommodations of the press, and further understands and agrees that
CART disclaims any warranty expressed or implied, as to the potential
success of any Event organized hereunder.
12. Organizer/Promoter shall organize and promote the races hereunder as major
motor racing events. Organizer/Promoter shall have the right to on-site
track entitlement, and revenues therefrom. On-site entitlement is to
designate the title/name of the race at the venue, subject to CART
approval which shall not be unreasonably withheld. CART shall approve the
name "Texaco Houston Grand Prix", or any similar name. All media
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releases, public announcements and public disclosures by either party or
its employees or agents relating to this Agreement, including but not
limited to promotional or marketing material, but not including any
announcement intended solely for internal distribution at either party or
any disclosure required by legal, accounting or regulatory requirements
beyond the reasonable control of the disclosing party, shall be
coordinated with and approved by the other in writing prior to the release
thereof.
13. A. CART hereby grants Organizer/Promoter the non-exclusive right to
use the CART name and logo in its promotion of each Event during the
term hereof, in accordance with all provisions contained in this
Agreement. Any logo, design, xxxx or representation made,
formulated, or developed in conjunction with such Event shall be
subject to the prior written approval of CART.
B. Organizer/Promoter shall display in all advertising and publicity
material including but not limited to news releases, posters,
banners, program covers, brochures, tickets, passes, credentials
and print and television advertising relating to each Event the
phrase: "PPG CART World Series" and the logos of PPG and CART (as
approved and supplied by CART). CART reserves the right to change
such phrase and logo, including the identity of the title sponsor
of the Series. Provided Organizer/Promoter notifies CART of its
production schedule no later than January 1 of each year, in the
event of a notification by CART to Organizer/Promoter of a change
in phrase and/or logo after January 1 of any year, the
reproduction of publicity materials already produced by the
Organizer/Promoter prior to notification of such change shall be
a the discretion of Organizer/Promoter, unless CART agrees to pay
Organizer/Promoter the cost of the stock in inventory which would
be unusable, should it elect to enforce reproduction of publicity
materials already produced at the time of notification of such
change.
C. Organizer/Promoter shall include in its display of the CART logo
the symbol to indicate that it is a registered xxxx. A sheet of
camera ready art depicting these logos shall be provided by CART.
Further, in promoting and advertising each Event,
Organizer/Promoter shall promote the Competition as a part of the
PPG CART World Series or as otherwise designated by CART.
Organizer/Promoter shall provide such verification of compliance
with the provisions contained in this paragraph 13 as CART may
reasonably request.
D. Organizer/Promoter shall not use the names, logos or trademarks
of CART or PPG for any purpose other than as herein defined.
E. Upon the expiration or termination of this Agreement for any reason,
Organizer/Promoter shall cease and desist any and all use of the
names, logos or trademarks of CART or PPG or any colorable
imitation, variation or adaptation thereof.
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F. CART and Organizer/Promoter shall promptly take such action as may
be necessary to protect the names, logos and trademarks of CART and
PPG against any infringement or threatened infringement or any
common law "passing off".
14. Organizer/Promoter agrees that each Competition shall be organized,
approved by CART and conducted in accordance with all applicable statutes,
ordinances, regulations or other requirements of any government authority,
the FIA (CART shall determine in its sole discretion the applicability of
FIA requirements), and the CART Rule Book as amended from time to time and
as the same may be modified or supplemented by any other rules,
regulations, bulletins or releases that may be applicable to such
Competition. CART reserves the right to terminate this Agreement at any
time without further liability in the event of a material breach by
Organizer/Promoter of said requirements, regulations, rules, or the terms
and conditions of this Agreement, by so notifying Organizer/Promoter in
writing, upon a five (5) business day notice of default/opportunity to
cure, except where such breach requires immediate remedial action as
reasonably determined by CART. CART shall notify Organizer/Promoter in
writing of any alleged default and Organizer/Promoter shall have five (5)
business days after receipt of such notice to cure the default; provided,
however, if the nature of the default is such that it cannot reasonably be
cured within five (5) business days, Organizer/Promoter shall not be
deemed to be in default if it commences the cure within such five (5)
business day period and thereafter completes the curative action within a
reasonable time. Organizer/Promoter acknowledges receipt of a copy of the
CART Rule Book.
15. Organizer/Promoter represents and warrants that it has or will have sole
control of the track and of the premises upon which the track is located,
including all facilities thereon, and that Organizer/Promoter has full
authority to conduct each Event thereon as provided for herein for the
defined scheduled term of each Event.
16. A. Organizer/Promoter shall provide at its expense during each Event
the track, race course, and facilities in good repair and ready
for use, and Organizer/Promoter shall permit CART or its
insurance broker or other designated representative, and the FIA
(CART shall determine in its sole discretion the applicability of
FIA requirements) to inspect the track, race course and/or
facilities before, during and after each Event. Except as
provided in paragraph 16C, all repairs deemed necessary in order
for the track to meet CART's safety requirements must be made at
Organizer/Promoter's expense and the failure to make the
necessary repairs may result in the postponement or cancellation
of such Event, in CART's sole discretion. The track site, design
and condition shall be subject to review and approval by CART.
Organizer/Promoter shall consult with CART on the layout and
design of the track, including but not limited to the pit area,
safety barriers, and other facilities for the Competition.
B. Annually, seven (7) months prior to the next Event,
Organizer/Promoter shall submit an engineering drawing(s) of
proposed changes to the race circuit and other facilities for CART's
approval. CART will have thirty (30) days to
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acknowledge approval or request changes. CART shall have the right
to inspect the circuit for the purpose of verifying that the circuit
is being constructed in accordance with the drawings as submitted
and approved. Within sixty (60) days after the execution of this
Agreement, CART and Organizer/Promoter shall mutually agree on the
specific track and facility improvements to be implemented for the
1998 Event, and a written summary thereof shall be prepared and
appended hereto. Thereafter, a similar process shall occur within
sixty (60) days following each Event, in respect to improvements to
be implemented for the following year's Event.
C. Any changes to the safety system requested by CART will be
identified and communicated by CART to Organizer/Promoter within
one hundred twenty (120) days after the conclusion of the 1998
Event and each subsequent Event hereunder. Absent unforeseeable
supervening circumstances, the parties agree that the cost of
such changes to be implemented for any Event hereunder shall not
exceed ten percent (10%) of the Organization and Rights Fee for
such Event. The foregoing cost limitation shall be construed to
exclude Organizer/Promoter's capital improvements/investments
(i.e., fencing, barriers, gravel traps, etc.), as well as changes
to the safety system requested by any third party (i.e., not
mandated by CART).
17. A. Organizer/Promoter shall provide at its expense such facilities as
CART deems adequate for the use of CART personnel and those directly
associated with the Event, including but not limited to race control
facilities, facilities for participant registration, television,
scoring, race car inspection, compiling and distributing media
information, a media work area, and facilities and services as may
be reasonably required by those who supply products and/or services
for the Event. Further details of these and other operational and
facility requirements of Organizer/Promoter are agreed to as
outlined in SCHEDULE A attached hereto and made a part hereof.
B. Organizer/Promoter at its expense shall provide, install and
maintain the equipment necessary to operate CART's Timing and
Scoring system, in accordance with the specifications supplied by
CART, provided however, that Organizer/Promoter shall not be
responsible for the costs of the initial installation of
additional timing lines beyond those utilized in 1996 at other
temporary street circuits. On street courses, this shall also
include the annual set up and tear down of all antennas and
cabling. Organizer/Promoter will provide CART's timing and
scoring provider free of charge at the start/finish line, on the
Timing and Scoring structure and at least one other prominent
location, space to affix and display the logo and/or officially
designated status of CART's timing and scoring provider.
Organizer/Promoter shall not sell or secure any timekeeping
sponsorship which would be in effect during any CART Event.
18. Organizer/Promoter shall at its expense furnish all facilities, personnel,
equipment, and
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services for accommodating and controlling the public during each Event,
for whose safety and comfort Organizer/Promoter is solely responsible and
liable.
19. Organizer/Promoter shall provide at its expense all necessary personnel as
required by CART for the conduct of each Competition hereunder(other than
the CART staff and officials), and Organizer/Promoter shall assume all the
responsibilities pertaining to workers, volunteers and subcontractors
necessary to properly staff the facility for the purposes of the
Competition and the public for each Event weekend.
20. Organizer/Promoter at its expense shall obtain and maintain insurance
for each Event and all scheduled activities with an insurance company
approved by CART. Such insurance must conform to the minimum
coverages, specifications, limits, etc., as set forth in SCHEDULE B
attached hereto and made a part hereof. If Organizer/Promoter fails to
maintain such policies with the required minimum coverage throughout
the Event, CART may cancel such Event immediately without prior notice
to Organizer/Promoter, or CART may, in its discretion, obtain the
required insurance from an approved insurance company, with acceptable
terms, at Organizer/ Promoter's expense.
21 Only those individuals approved by CART or Organizer/Promoter, including
but not limited to drivers and pit crew and necessary fire, wrecker,
ambulance and security crews, shall have access to or be allowed in the
paddock, garage and pit areas, the racing surface, and other areas to
which admission by the general public is normally prohibited during the
Event, and Organizer/Promoter shall be solely responsible and provide
sufficient security personnel in such areas to enforce this provision at
all times during each Event. Such access must be in compliance with the
CART Rule Book and may not interfere with or adversely affect the
Competition.
22. Organizer/Promoter shall honor CART's Unified Credential System and shall
comply with the facility access provisions implemented by CART, as set
forth in SCHEDULE C attached hereto and made a part hereof, and as the
same may be amended by future discussions and concurrence between CART and
its race promoters through the promoter group.
23. CART shall have the exclusive right to contract out or to take or cause
to be taken by others, make, broadcast, rebroadcast, use, reproduce,
transmit, copyright, sell, license or otherwise dispose of for any
purpose whatsoever, television pictures, sound film and tape, motion
pictures, still photographs, electronic images and sound of each Event,
including the non-exclusive right to market for commercial purposes the
name, identity, likeness and logo(s) of the track, on a composite basis
with other tracks where CART races are conducted. CART shall retain all
national, international and local broadcast rights including broadcast
television, cable and radio. Organizer/Promoter will assure that the
presence of personnel and equipment for these or similar purposes shall
not be inconsistent with the rights of CART herein provided and shall
not interfere or conflict with the exercise of any such rights by CART
as herein provided.
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24. Organizer/Promoter recognizes and acknowledges that CART has entered or
intends to enter into a television contract with a national broadcast or
cable network for the coverage of each Competition hereunder.
A. Detailed operational and facility requirements of Organizer/Promoter
in respect to television and other on-site media are identified in
SCHEDULE A.
B. CART has arranged with the television production companies
(subject to network approval) to provide the video portion of the
program feed from the mobile unit to Organizer/Promoter, so that
Organizer/Promoter may feed the video signal as a courtesy to the
media center and hospitality suites. This feed is limited to
on-site press and hospitality use only. Any other feeds to
hotels, bars, or other establishment(s) whether on-site or off,
are strictly prohibited. Organizer/Promoter shall be responsible
for the installation and maintenance of appropriate cable
originating at the television compound which will then feed the
system. Maintenance and operation of the system is the sole
responsibility of Organizer/Promoter.
C. CART and Organizer/Promoter agree that it is in the best interest
of the sport, its promoters and sponsors to have the same on-site
and television title sponsor. CART and Organizer/Promoter
recognize and agree that all television entitlements are derived
from a privilege granted by the television network and are
subject to network approval. In the event Organizer/Promoter
provides CART with a television entitlement sponsor, such sponsor
must agree to: (i) purchase one (1) of several commercial unit
package options for either network or cable coverage to be
published by CART or its designee each year, (ii) enter into a
negotiated agreement with CART or its designee, or (iii)
guarantee a payment for entitlement in return for which
Organizer/Promoter will receive eight (8) thirty (30) second
commercial units to package with its on-site title. The published
rate option packages and payment option will be made available to
Organizer/Promoter at least one (1) year in advance.
D. Organizer/Promoter may, at its option, and subject to approval by
CART or its designee and the appropriate network, elect to
guarantee over-the-air broadcast network coverage of its Event.
In this event Organizer/Promoter will be required to provide a
television title sponsor subject to: (i) purchase of one (1) of
several published minimum commercial unit packages, (ii) enter
into a negotiated agreement with CART or its designee, or (iii)
guarantee a payment for entitlement to be determined each year.
In the payment option (iii) Organizer/Promoter will receive eight
(8) thirty (30) second units in the telecast to package with its
on-site title.
E. In the event Organizer/Promoter elects not to provide CART with a
television entitlement sponsor or to guarantee over-the-air
broadcast network coverage, then CART or its designee shall have the
option to secure a television entitlement
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sponsor which need not be the same as the on-site entitlement
sponsor.
F. CART and Organizer/Promoter agree that the policy and terms set
forth as a condition of television coverage of this Event may change
from time to time, and, therefore, the television agreement may
supersede portions of this Agreement. In the event that the
television agreement supersedes a portion of this Agreement, CART
will immediately notify Organizer/Promoter and work toward a
mutually agreed upon solution.
G. Notwithstanding any other provisions contained in this Agreement,
Organizer/Promoter acknowledges and agrees to the following with
respect to the scheduling and televising of the 1998 Event (and
future events that require a race date that takes place in the
fall): (i) October 4, 1998 is the only available date as mandated
by Organizer/Promoter on which the 1998 race can be held; (ii)
such date is not a readily available spot for either network or
cable television coverage; (iii) CART has secured network
coverage of the 1998 Event on a time buy basis, contingent upon
CART's undertaking that, if the broadcast loses money, any such
loss will be offset against CART's distributive share otherwise
payable under its ESPN television agreement; (iv) the amount of
any such offset, if any, shall be reimbursed by
Organizer/Promoter to CART promptly upon receipt of an
appropriately detailed accounting and invoice; and (v) there is
no guarantee as to affiliate clearances with respect to such
network broadcast.
25. Organizer/Promoter recognizes and acknowledges that CART has the right to
contract for official sponsors for the PPG CART World Series, which need
not coincide with specific Event sponsors, as well as to grant other
official product designations on a Series wide basis, in CART's sole
discretion.
26. PPG shall have the exclusive right to provide any and all pace cars
throughout the entire Event. In addition, only PPG pace cars shall be
allowed to participate in the parade laps immediately preceding the start
of the Indy car race. Further details of these and other responsibilities
of Organizer/Promoter to PPG are agreed to as outlined in SCHEDULE D
attached hereto and made a part hereof.
27. Organizer/Promoter agrees that the scheduled CART activities during
each Event, including those associated with the Competition, PPG Pace
Car on track activities, and CART's official support series, Indy
Lights, shall have priority over any other race or other activity
scheduled during such Event. Organizer/Promoter will not schedule any
supporting races or ancillary activities on the same day as
registration or inspection, or on any other day during an Event,
without prior written approval of CART. Further details of these and
other scheduling considerations/requirements are agreed to as outlined
in SCHEDULE E attached hereto and made a part hereof.
28. CART shall conduct grid/pre-race activities which shall include but are
not limited to the pole awards, other contingency award activities, driver
introductions, etc.
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29. CART shall conduct mutually agreed upon Victory Circle proceedings.
Details of these proceedings and the requirements of Organizer/Promoter in
regard thereto are agreed to as outlined in SCHEDULE F attached hereto and
made a part hereof.
30. CART shall have reasonable access to the PA system in order for CART to
fulfill its contractual obligations to its sponsors and inform
participants and spectators of activities during the Event.
31. A. CART merchandise, as supplied by CART or its licensed
representative, will be afforded the opportunity to be sold from
its own official concession stand to be located in a prominent,
high-traffic location, generally near the paddock area. CART or
its licensed representative shall pay to Organizer/Promoter
$1,500.00 for each CART concession stand provided by
Organizer/Promoter. Selected items of merchandise may also be
prominently offered for sale in the track concession sales
booths. Merchandise placed in the track concessionaire booths
will be done so on a consignment basis with the concessionaire
given a forty (40%) percent discount on the retail price of all
merchandise sold. Retail prices will be agreed upon in writing
prior to the merchandise being placed in concessionaire booths.
All accounting will be completed by noon of the day following the
conclusion of each Event. All payments will be made and unsold
merchandise returned at the same time.
B. It is Organizer/Promoter's responsibility to insure that any and all
concessions and/or merchandise is properly licensed. In the event
that CART discovers any unlicensed products, it will have the right
to take appropriate action in its sole discretion.
C. All CART Indy car teams will be afforded the opportunity to sell
merchandise within the confines of the race facility. All teams will
be in a prominent, high-traffic location. Participating teams will
pay a rights fee for the location, which fee shall be (i) consistent
with the then current market price and (ii) no less favorable than
the terms and conditions provided to other vendors located within
the same area.
32. In conjunction with the CART Winner's Circle Club, Organizer/Promoter
shall provide at its expense:
A. Limited access to restricted areas for club members during group
tours and club functions.
B. Inclusion of a CART Winner's Circle Club advertisement in the
official race program. Camera ready art shall be provided by CART
or its designee.
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C. Covered facility for meetings with a PA system.
33. Organizer/Promoter shall cooperate with CART in its spectator research
efforts, including but not by way of limitation allowing CART
representatives access to spectators for personal interviews and
questionnaire distribution and inclusion of a CART questionnaire in the
official race program, for which camera ready art will be provided. The
results of such research shall be made available to Organizer/Promoter.
34. A. CART shall have the right to designate up to seven (7) exclusive
sponsorships utilizing the following entitlements to be provided
by Organizer/Promoter for each sponsorship at no cost to CART
except as otherwise stated:
- Series-wide product category exclusivity;
- Twenty Thousand ($20,000.00) Dollar hospitality credit
which can be applied to facility, food and beverage;
- Acknowledgment by Organizer/Promoter as an Event
sponsor, with such recognition to include all
entitlements normally afforded an associate Event
sponsor;
- Inclusion in the Event press kit;
- One full page, four-color advertisement in the Event
souvenir program;
- One page of editorial in the Event souvenir program;
- One 40' x 40' expo/sampling space;
- Twenty (20) big screen messages (street courses only);
- Twenty (20) public address announcements over Event
weekend;
- One Hundred (100) grandstand admission tickets;
- One Hundred (100) restricted area credentials;
- Track side signage, which receives significant exposure
to the global audience; CART and Organizer/Promoter to
agree on size and placement;
All costs associated with the design and production of the
advertising page and wall signs shall be borne by Sponsor. For each
such sponsorship sold by CART, Organizer/Promoter shall receive One
Hundred Thousand ($100,000.00) Dollars in return for the above
listed entitlements. The parties acknowledge the following
categories represent acceptable potential sponsorships:
- payment systems
- confectionery
- snacks
- film
- camera
- electronics (i.e., television, hi-fi, audio, etc.)
- long distance
15
B. Organizer/Promoter shall provide CART with two (2) pages in the
Event Program without charge for CART's own use. CART's placement of
advertising within the Program shall be sensitive to
Organizer/Promoter's existing commercial and promotional
relationships.
C. Organizer/Promoter recognizes that each participating team has a
race sponsor. Organizer/Promoter agrees that each team may place its
team name and sponsor(s) on both sides of the wall in the team's
assigned pit box, subject to applicable governmental laws and
regulations.
35. Organizer/Promoter shall provide CART at no cost a chalet or other
mutually agreed upon hospitality provisions for not less than forty (40)
guests per day. Hospitality provisions will include food and beverage
(alcoholic and non-alcoholic) as associated with such hospitality
provisions. Organizer/Promoter shall also provide CART at no cost ten (10)
passes for guests of CART's choice to a pit row suite.
36. If appropriate as determined by CART in its sole discretion, each
Competition shall appear in the FIA calendar as a full international FIA
event. Organizer/Promoter agrees to file this listing through CART and
reimburse CART for all applicable listing fees. In addition,
Organizer/Promoter agrees to pay through CART the applicable National
Motorsports Council assessments, as determined by the Council's Executive
Committee.
37. Organizer/Promoter agrees to indemnify and hold harmless CART, its
directors, officials and officers, participants, agents and employees,
members and sponsors from any and all liabilities and all costs and
expenses, including attorneys fees incurred in the defense thereof,
asserted or imposed upon CART, its directors, officials, official
representatives, employees, officers, members and sponsors arising out of
or as a result of an Event hereunder, or in any way related to third party
claims of any nature in any way related to previous discussions and
negotiations with any third party regarding the staging of a CART race
event in Houston, Texas.
38. Organizer/Promoter agrees not to take any action adverse to the interest
of CART and, in consideration of the acceptance and approval of this
application, releases and discharges CART and its officials and
representatives from all liability for personal injury that may be
received, and from all claims and demands for damages to real or personal
property or to any person growing out of or resulting from an Event
hereunder, whether caused by any construction or condition or any track or
track equipment, cars or debris, or resulting from any act or failure of
any official or any person assisting the officials serving in connection
therewith.
39. Nothing contained herein shall be construed to place CART in the
relationship of a partner or joint venturer with Organizer/Promoter, and
Organizer/Promoter shall have no power to obligate or bind CART in any
manner whatsoever other than as specifically provided
16
for herein. Neither party undertakes by this Agreement to perform any
obligations of the other, whether regulatory or contractual, or to assume
any responsibility for the other's business or operations.
40. The validity, interpretation and construction of this Agreement shall be
governed and construed by the laws of the State of Michigan. Any
litigation commenced by a party to this Agreement as the result of any
alleged breach of this Agreement shall be commenced in the circuit court
for the County of Oakland, State of Michigan, or in the appropriate lower
district court in said county, or in the U.S. District Court for the
Eastern District of Michigan, and the parties hereby consent to such
personal jurisdiction.
41. This Agreement is not transferable or assignable. Any transfer or
assignment in violation of this provision shall be void.
42. Any notice or written communication required or permissible hereunder
shall be sent by registered mail (or certified mail with return receipt),
postage prepaid, addressed as follows:
To CART: To Organizer/Promoter:
Championship Auto Racing Teams, Inc. Texaco Houston Grand Prix LLC
000 X. Xxx Xxxxxx Xx, Xxxxx 000 000 Xxxxx Xxxxxxx
Xxxx, XX 00000 Xxxxxxxxxxxx, XX 00000
43. A. This Agreement (including the Schedules annexed hereto) contains the
entire agreement of the parties hereto and no representations,
inducements, promises, or agreements, oral or otherwise, not
embodied herein shall be of any force or effect. This Agreement may
be modified only upon the written consent of the parties hereto.
B. No waiver by either party, whether expressed or implied, of any
provision of this Agreement or any breach or default shall
constitute a continuing waiver thereof.
C. Each and every of the rights, remedies and benefits provided by this
Agreement shall be cumulative, and shall not be exclusive of any
other said rights, remedies and benefits, or of any other rights,
remedies and benefits allowed by law.
D. If any provision in this Agreement is held to be invalid or
unenforceable, it shall be ineffective only to the extent of the
invalidity, without affecting or impairing the validity and
enforceability of the remainder of the provision or the remaining
provisions of this Agreement.
44. The parties acknowledge the importance of each party's reputation, good
will and public image and, accordingly, agree to maintain and enhance
such image by restraining from
17
taking any action contrary to the best interest of either party, or
detracting from the reputation of either party. Each party shall refrain
from making any statements about the other party that adversely affects,
casts in an unfavorable light, or otherwise maligns the business or
reputation of such other party or any of its principals.
45. At all times, the terms and conditions of this Agreement are
confidential to CART, Organizer/Promoter, their parent companies and
their respective subsidiaries, and shall not be disclosed to any other
entity or individual without the other party's prior written consent.
Notwithstanding the foregoing, disclosure may be made if necessary to
enforce a party's rights under this Agreement, or if required by a
governmental agency, in which case any and all documents, information,
or materials disclosed shall be marked "confidential" and such party
shall seek confidential treatment of such information.
46. The following Schedules are attached hereto, incorporated herein by
reference as though set forth in their entirety in this Agreement, and
labeled as follows:
SCHEDULE A - OPERATIONAL, MEDIA, AND OTHER FACILITY/SUPPLY REQUIREMENTS
SCHEDULE B - INSURANCE REQUIREMENTS
SCHEDULE C - UNIFIED CREDENTIAL SYSTEM AND FACILITY ACCESS PROVISIONS
SCHEDULE D - PPG PROGRAM AND OFFICIAL CARS
SCHEDULE E - EVENT ACTIVITIES
SCHEDULE F - POST RACE PROCEDURES/ACTIVITIES
Any person or organization having responsibility in the organization, promotion
or staging of any Competition, whether by contract or otherwise, shall co-sign
this Agreement and shall be jointly responsible hereunder. Organizer/Promoter
and the undersigned warrant and represent that Applicant has the full right and
authority to enter into and perform this Agreement, and that the execution and
delivery of this Agreement has been duly authorized by all necessary
governmental and/or corporate action.
Date 7/29/97 Texaco Houston Grand Prix LLC
By: /s/ Xxxx X. Xxxx
Its: Managing Member
Date:______________________________ ______________________________
Co-Signer's Signature
CART APPROVAL
The foregoing application is hereby approved and accepted in accordance
with the terms stated therein.
Date: 7/29/97 Championship Auto Racing Teams, Inc.
By: /s/ Xxxxxx X. Xxxxx
Its: President and CEO
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SCHEDULE "A"
OPERATIONAL, MEDIA, AND OTHER
FACILITY/SUPPLY REQUIREMENTS
Pursuant to paragraph 17A of the Agreement, Organizer/Promoter shall
provide at its expense except as otherwise specifically provided the
following additional items. The specific items listed in this Schedule A
reflect minimum requirements for certain areas, and should not be
construed as inclusive of all necessary items Organizer/Promoter must
provide.
A. MEDIA CENTER
FACILITIES
Total capacity to be capable of accommodating a minimum of 120 people.
Solid, climate controlled, weatherproof structures capable of supporting
separate work area for CART Media Relations, Event Media Relations,
Support Event Media Relations, deadline media, non-deadline media, and a
dedicated separate media interview room.
EQUIPMENT:
Four (4) photocopy machines, three (3) of which shall be print quality
high speed photocopiers with collating and stapling capability;
Minimum of ten (10) large screen television sets/monitors (including
audio) with direct video feed to on-track racing activities.
B. ACCREDITATION FACILITIES
LOCATION:
- easily accessible by public transport
- adequate car parking
- within 15 minutes walking distance to the track
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SIZE:
- minimum of 12' x 30' working area
- separate area for office and/or storage of computer cases
- 20 ft. Minimum of table/desk space
- seating for a minimum of 10 people
- ample space inside/under cover to allow for queuing of guests
- entrance and exit doors
TEMPERATURE:
- heating/air conditioning control to maintain adequate temperature
for computers
SIGNAGE:
- directing people to registration area
- "entrance" and "exit" signs to provide smooth flow
- external signage upon leaving showing way to parking areas and
entrances
- identifying separate series within one credential area
SECURITY:
- all doors, windows to be lockable
- in the case of a temporary structure an internal fully secure facility
should be provided and/or overnight security.
CLEANING:
- the facility should be cleaned at the end of each day.
C. OPERATIONS
FACILITIES:
Solid, quiet, climate controlled, weatherproof structure capable of
accommodating a minimum of sixty (60) people.
EQUIPMENT:
One (1) print quality hi-speed photo copier with collating and stapling
capability. (Option - CART may invoice Organizer/Promoter in an agreed
amount in lieu of
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Organizer/Promoter supplying this machine.)
Three (3) golf carts for exclusive use by CART. One (1) for the
Communications staff, one (1) for the CART C.E.O., and one (1) for CART
broadcast services.
COMMUNICATION CIRCUITS:
Land line communication system connecting all trackside observer stations,
pit in, pit out, pit center, race control and starter stand.
Private land line communication circuit connecting timing and scoring,
race control, pit center and starter stand.
FUEL:
Organizer/Promoter will provide fuel for all safety vehicles and the jet
dryer:
Track Dryer - Jet A - approximately 500 gallons
Safety Vehicles - gasoline - approximately 200 gallons
GENERAL:
Minimum three hundred fifty (350) pounds of ice each day from Thursday
until Sunday of race weekend (including any rain dates).
Worker lunches and drinking water will be provided for each day of the
Event weekend. CART will identify the quantity to be supplied.
All areas and utilities shall be accessible for use by CART on or before
8:00 AM the Wednesday prior to the published race date.
D. TELEVISION AND RADIO
FACILITIES:
Television Compound Area - Organizer/Promoter shall provide a level,
hard-surfaced area approximately 150 feet x 150 feet for use by CART
Productions and network television production mobile units, broadcast
equipment, and personnel. Compound should be located as follows:
Street Course: As close as possible to the announcement booth or as
close to the majority of camera positions as possible, but
definitely outside the course.
Road Course: As close as possible to the announcement booth or as
close to the
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majority of camera positions as possible, but definitely outside the
course.
Oval Course: As close as possible to the announcement booth and
allowing the most direct cable access to the majority of camera
positions as possible, but definitely outside the course.
Announcement Booths - Climate controlled. An Announcement Booth should be
climate controlled, with air conditioning and insulation in the Booth.
Booths should have a wide expanse of glare-proof (non-tinted) glass
overlooking the pits and track. Sound deadening materials should be used
in construction, including proper insulation, carpeting, panelling, and
double-paned glass.
The front window overlooking the track and pits should begin around 3.5
feet - 4 feet above the floor. Booth should also have windows on the sides
of the booth facing the track, around 3-4 feet deep from the front of the
booth, to provide sight lines up and down the track and pits. Where
possible, back half of each booth should be elevated 4 inches - 6 inches
(minimum) to allow raised sight lines for those working in rear of booth.
A ledge/table should run the entire width of the front window wall, set
under the window and should be well braced to support necessary video
monitors, timing & scoring monitors, and audio equipment, etc. Ledge/table
should extend two (2') feet into the room from the front-windowed wall,
and where possible, should provide a removable cut-out against the wall,
with a support brace under the cut-out, to allow monitors to be partially
recessed on an angle within the ledge/table.
Access panels, conduits (minimum 6 inch diameter), and cable troughs
should be provided by promoter as necessary to allow cables to enter booth
for video, audio, timing & scoring, and antennae feeds.
Entry door should have a locking system installed, so that the room and
equipment may be secured. A keyless or combination access system is
preferred. Door should also have a mail slot for press releases, etc.
Organizer/Promoter agrees to provide at its expense, a U.S. Television
Network Booth, three (3) International Television Network Booths and a
CART Radio Network Booth. As other international networks (more than
three) may wish to originate commentary from the site of a CART event,
CART may request, and Organizer/Promoter agrees to provide, additional
announcement booths. CART agrees to provide at least thirty (30) days
notice to Organizer/Promoter in such cases. All reasonable costs, subject
to competitive bidding, associated with the construction and provision of
any additional booths and required facilities (i.e. telephone, power,
etc.) for international networks shall be the responsibility of the
international networks.
U.S. Television Network:
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BOOTH SIZE: 15 feet x 15 feet booth.
LOCATION: Should be placed on the outside of the track
and nearest to the start/finish line, providing
the widest view of the track and pits. Where
possible, booth should be located alone or at
one end of any row of booths or suites.
CART Radio Network:
BOOTH SIZE: 8 feet x 8 feet booth.
LOCATION: Preferred placement on the outside of the
outside of the track and nearest to pit center,
providing the widest view of the track and,
then, the start/finish line and pits.
International Television Networks:
BOOTH SIZE: A minimum of three (3) 8 feet x 8 feet (minimum)
booths.
LOCATION: Preferred placement providing the widest view
of the pits and, then, the track and
start/finish. Where possible, location should
be on the outside of the track.
ACCESS:
Organizer/Promoter shall accord all broadcast networks and/or their
designees the right to install and maintain at, and remove from, the site
of the Event and associated areas such wires, cable, and apparatus as the
network or its designee deems necessary for recording and/or telecasting
the Event (provided that there shall not be any interference with the use
of or means of ingress or egress at the site or associated areas).
SECURITY:
Organizer/Promoter must provide security, with radio communications,
mutually agreed by the parties as sufficient, for all broadcast equipment
in the television compound and around the track, including camera, remote,
and booth locations. Security should be available from the first evening
of arrival through the morning of the last day of departure of all
broadcast equipment. Upon compliance with the security provisions
contained in this paragraph. Organizer/Promoter shall not be liable for
any claims based on the lack of sufficient security.
ADDITIONAL FACILITIES:
CART may also require, and Organizer/Promoter agrees to provide,
additional space to
23
locate one (1) or more mobile announce booths to accommodate international
networks, plus any required electrical power. All reasonable costs
associated with the provision of power and other required facilities (i.e.
telephone, etc.) for these additional international networks shall be the
responsibility of the international networks. Location of the mobile
booths will be mutually agreed upon.
Other networks may mount cameras, in a manner not to interfere with the
world feed, that would allow US and international networks to focus on
different drivers. Most likely these positions would be near or across
from pit lane. The location of these camera positions will be mutually
agreed upon by Organizer/Promoter, the networks and CART. The networks
would agree to provide at least 30 days notice of intent to supplement
world feed cameras.
EQUIPMENT VENDORS:
Broadcast crews will use best efforts to achieve highest quality, lowest
cost for renting equipment from Organizer/Promoter's exclusive source. If
this cannot be achieved, then the exclusive track source will not apply to
production company's needs.
E. WINNERS CIRCLE
FACILITIES:
- A fenced, separate area, preferably away from pit lane
- Photographers riser, placed proportionately to the podium
- Raised podium
- Two separate entrances: One for drivers, team owners and presenters
only (if necessary, TV); the other for VIP's, sponsors and
photographers
F. CHAPEL
Organizer/Promoter shall provide appropriate space and facilities for use
as a chapel during all CART Events at a maximum cost to CART of
$1,000.00.
G. ELECTRIC/POWER REQUIREMENTS
GENERAL:
All power supplied shall be 60-cycle and should be clean and stable
dependable power, as opposed to generator power, where possible. If
"shore" power is not available, dedicated generator power must meet the
requirements of the network television production company, including but
not limited to: back-up power, redundant systems, frequency
24
controlled, and automatic switch-over features. Organizer/Promoter shall
provide an adequate supply of electrical power to service all areas,
consistent with the applicable function or activity therein.
MEDIA CENTER:
Organizer/Promoter shall provide CART Communications staff at least two
(2) 110 volt, 20 amp, single phase circuits or equivalent with a minimum
of eight (8) electrical outlets. Adequate power and at least one
electrical outlet for each assignable seat for press in media center.
ACCREDITATION FACILITIES:
Organizer/Promoter shall provide at least one (1) 110 volt 30 amp, single
phase circuit, exclusive of climate control and lighting, with a minimum
of four (4) main power outlets.
OPERATIONS:
Radio Trailer 220v/240v 2 60 amp single phase
30 amp single phase
Timing and Scoring 110v/115v 6 30 amp single phase
Operations Trailer #1 220v/240v 60 amp single phase
Operations Trailer #2 220v/240v 60 amp single phase
Medical Center 220v/240v 100 amp single phase
CART Business Coach 220v/240v 60 amp single phase
Timing & Scoring Truck 110v/115v 50 amp single phase
Battery Compound 220V/240V 60 amp single phase
CART Fuel Compound 110v/115v 4 25 amp single phase
(one common ground
pursuant to local code)
CART Tire Compound 220v/240v 2 60 amp single phase
Scales 110v/115v 20 amp single phase
* Each Entrant Pit 110v/115v 30 amp single phase
* Each Entrant Pit 110v/115v 20 amp single phase
Chief Stewards Trailer 220v/240v 50 amp single phase
(* Entrant is defined as a race car with an assigned driver)
TELEVISION AND RADIO:
Organizer/Promoter shall ensure necessary lighting (minimum of 125 foot
candles) is available for television coverage during the Event.
25
TV COMPOUND - U.S. NETWORK
Mobile Unit #1 208v 200 amp 3 phase
Mobile Unit #2 208v 200 amp 3 phase
Uplink Truck #1 208v 150 amp 3 phase
Office Trailer #1 208v 150 amp Single phase
Office Trailer #2 208v 100 amp Single phase
Mobile Support 208v 100 amp Single phase
In-Car Camera 208v 60 amp Single phase
RF Camera Truck 208v 60 amp Single phase
TV COMPOUND - INTERNATIONAL NETWORKS
Inet Mobil Unit 208v 200 amp 3 phase
Uplink #2 208v 150 amp 3 phase
Uplink #3 208v 150 amp 3 phase
Uplink #4 208v 150 amp 3 phase
REMOTE LOCATIONS
RF Receive Site US #1 110v 20 amp Single phase
RF Receive Site US #2 110v 20 amp Single phase
RF Receive Site INET #1 110v 20 amp Single phase
RF Receive Site INET #2 110v 20 amp Single phase
ANNOUNCEMENT BOOTHS
U.S. Network Production 110v 20 amp single phase
U.S. Network Monitors 110v 20 amp single phase
U.S. Network Audio 110v 20 amp single phase
Radio Production 110v 20 amp single phase
Radio Monitors 110v 20 amp single phase
International #1 Production 110v 20 amp single phase
International #1 Monitors 110v 20 amp single phase
International #2 Production 110v 20 amp single phase
International #2 Monitors 110v 20 amp single phase
International #3 Production 110v 20 amp single phase
International #3 Monitors 110v 20 amp single phase
EACH ADDITIONAL INTERNATIONAL BOOTH
26
Additional Production 110v 20 amp Single phase
Additional Monitors 110v 20 amp single phase
Minimum of four (4) outlets per electrical circuit.
Air-Conditioning/heating systems must be on separate circuits from those
shown above. Without separate air-conditioning circuit, broadcast may be
jeopardized.
H. TELEPHONE REQUIREMENTS
MEDIA CENTER:
Twenty-five (25) direct and five (5) dedicated lines and instruments. The
25 direct lines may be restricted to local and "800" number access. The
five dedicated lines are to be unrestricted and will be used exclusively
by the CART Communications Staff. All charges related to telephone
requirements are the responsibility of Organizer/Promoter.
ACCREDITATION FACILITIES:
- Two lines, one for telephone and one for facsimile
OPERATIONS:
As a minimum, the following areas must be supplied telephones which
provide access to commercial telephone lines:
Registration
Operations Trailer - telephone and facsimile line
Medical Center
CART Business Coach
Race Control
Timing & Scoring (2 lines)
Start/Finish line
Chief Xxxxxxx Trailer
TELEVISION AND RADIO:
Television Compound Area - Organizer/Promoter shall ensure twenty-five
(25) pair telephone lines are permanently installed in television
compound.
27
Announcement Booths -
CART Radio Network:
A maximum of eight (8) pair telephone lines permanently installed in
booth, as in the past.
International Networks:
Eight (8) pair telephone lines permanently installed in each announce
booth.
I. GENERAL
As the execution of the Competition and broadcast coverage of CART events is
vital to the success and growth of the Series and each Competition, and as newer
and additional technical facilities may be required to meet media, operational
and broadcast production standards in order to enhance and upgrade the facility
and broadcast quality, Organizer/Promoter agrees to provide reasonable
additional space, power, facilities, or other services as may be requested by
CART, on such terms as Organizer/Promoter and CART may agree. CART agrees to
provide Organizer/Promoter as much advance notice as possible of these
additional requirements.
28
SCHEDULE "B"
INSURANCE REQUIREMENTS
In an effort to protect the interest of track owners, Organizers/Promoters,
sponsors, CART, its Members, Associate Members and participants, CART has
established certain minimum criteria for insurance coverage which must be in
effect for all CART Events.
The insurance requirements for CART events consist of the following areas of
insurance coverage:
Spectator and Participant Legal Liability Insurance; and
Participant Accident Insurance.
The minimum specifications and requirements for acceptable coverage are:
$10,000,000 LIABILITY INSURANCE (coverage must be primary)
1. POLICY FORM
The policy must be a Comprehensive General Liability form and may be
either a manuscript Automobile Racing policy or a Commercial General Liability
policy with endorsements that provide the amendments required to cover
automobile racing events.
Coverage provided must include, but shall not be limited to:
A. Spectator/Public Bodily Injury Liability
B. Participant Legal Liability - Participant Bodily Injury
Liability - Participant to Participant Liability
C. Property Damage Liability
1. Including participants' property except when in
restricted areas.
2. No more than a Fifty Dollar ($50.00) deductible.
D. Refreshments/Products Liability including Concession Hard
Goods and Host Liquor Liability.
E. Personal Injury Liability, including false arrest, detention,
imprisonment or malicious prosecution, libel and slander;
wrongful entry or eviction.
29
F. Mobil Equipment Liability
G. Incidental Medical Malpractice Liability including primary
coverage for medical professionals.
H. Temporary and Air Ambulance Liability.
I. Off Premises Sign Liability
J. Official Vehicle Physical Damage - Two Hundred Fifty Dollar
($250.00) maximum deductible.
K. Contractual Liability
2. MINIMUM LIMITS OF COVERAGE
CART reserves the right to change insurance limits as long as ninety (90) days
notice is given to Organizer/Promoter.
A. 1997 Event - $10 million combined single limits per occurrence for
Bodily Injury and Property Damage with no aggregate limit.
B. 1997 Event - $5 million minimum for Participant Legal Liability.
Subsequent Events subject to 50% of limits in place in paragraph 2A.
C. 1997 Event - $1 million Medical Malpractice Liability with $1
million aggregate per incident. Coverage to include Medical
Professionals. (See paragraph 1 [G}).
3. NAMED INSUREDS
Must include:
A. CART, its officers, directors and employees; PPG Industries, Inc.
B. CART reserves the right to add additional named insureds provided
however, that notice be given no later than sixty (60) days prior to
the Event.
4. PERSONS INSURED
Must include:
All participants, entrants, sponsors for this Competition, Event or the
Series of which the Competition is a part, and CART Members and Associate
Members. The definition of participants must include drivers, mechanics,
pitmen, officials of the race, and those
30
assisting the officials, event staff, announcers, emergency and safety
crews and security personnel and all other persons allowed access to
restricted areas. Such definition also applies to CART and support series
events.
5. WAIVER AND RELEASE FROM LIABILITY
The insurance policy must require the utilization of a system at all CART
Events which secures properly executed and signed "Waiver and Release from
Liability" forms from all participants. The procedure for obtaining such
executed waivers from CART participants shall be determined by CART.
6. GENERAL SPECIFICATIONS
A. The insurer must be admitted or approved to write insurance in the
state, province and country where the insured track is located. The
broker or agent must be licensed to transact business in the state,
province and country where the track is located. It is
Organizer/Promoter's responsibility to inform all participants of
all coverages and conditions available throughout the Event.
B. The insurer must have a minimum of a "Best A rating", and the name
of the insurer must be supplied to CART for the purposes of
confirmation.
C. The insurer must formally agree to send duplicate notice of
cancellation to CART in the event of cancellation a minimum of
thirty (30) days in advance of the collection. The reason for the
cancellation must be included with this notification. The insurer
must also formally agree to immediately notify CART of each instance
of the insured's failure to remit proper premium or other required
payments.
D. The agent or broker must submit a narrative explanation of systems,
procedures and authority for adjusting and paying liability and
participant accident claims.
PROCEDURES FOR OBTAINING APPROVAL OF AND UTILIZING INSURANCE COVERAGE
1. Any request or submission for approval of insurance coverage not
meeting the minimum specifications and requirement so procedures
will not be accepted.
2. To obtain approval for sources of insurance, Organizer/Promoter or
its insurance broker must submit a certified true specimen copy of
the proposed policy forms to CART at least ninety (90) days prior to
the first date proposed to be insured by the insurance.
3. CART will notify the party submitting the request in writing of the
acceptance or
31
rejection of insurance submissions within fifteen (15) days receipt
of the submission. Only formal written approval of the acceptance of
insurance coverage by CART shall be considered valid.
4. Upon acceptance, Organizer/Promoter must provide CART a certified
true copy of the actual policy of insurance issued to track
operators or Organizer/Promoter at the time of issuance and no later
than thirty (3) days prior to the first day of the Event.
5. Should Organizer/Promoter fail to comply with the above
requirements, CART shall have the right to purchase the insurance
and obtain reimbursement from Organizer/Promoter.
6. PARTICIPANT ACCIDENT INSURANCE FOR CART PARTICIPANTS
Organizer/Promoter shall reimburse CART for the cost of participant
accident disability, medical and life insurance which minimum overages for
1997 are as follows:
Accidental Death and Dismemberment $ 50,000.00
Primary Accident Medical $ 150,000.00
Excess Major Medical $ 350,000.00
Weekly Disability (to 104 weeks) $ 250.00
Monthly Disability (to 48 months) $ 300.00
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SCHEDULE "C"
UNIFIED CREDENTIAL SYSTEM
AND FACILITY ACCESS PROVISIONS
CART SEASON CREDENTIALS (PLASTIC PICTURE IDENTIFICATION)
Picture identification cards will be issued to CART participants as provided in
this Agreement. Persons issued this credential may only use this credential as
expressly allowed for by the CART Rule Book, and only applies as to their need
or function. Any change in costs agreed to by the Promoters' Association and
CART will supersede the costs included in this Schedule "C".
A. Teams
Each CART Owner Membership is entitled to a maximum of forty (40) CART picture
I.D. license/credentials upon acceptance of application and payment of fees due
CART. Additional license/credentials (41-100) may be purchased at a cost of
$185.00 each per season. Revenues derived from such purchases less $25.00 per
credential will be divided equally among all CART Organizer/Promoters;
These license/credentials are to be issued to team members, i.e., owner, team
manager, chief mechanic, crew members, designated team and/or sponsor public
relations representative and any other associates the owner desires within the
allotted maximum number. This credential will permit access to the facility and
restricted areas including the pit area at all times during any CART Event. At
specified Events, a limited number of special credentials will be issued to
allow only necessary and appropriate personnel access to the pit area thirty (3)
minutes prior to and during the CART race.
B. Drivers
Each driver will be issued a permanent CART picture license/credential. An
additional picture license/credential will be issued to the driver's spouse or
companion. Both credentials will permit access to the facility and restricted
areas including the pit area at all times during any CART Event. At specified
Events, a limited number of special credentials will be issued to allow only
necessary and appropriate personnel access to the pit area thirty (3) minutes
prior to and during the CART race.
C. Indy Lights or CART Official Support Series
CART will provide credentials to Indy Light competitors, sponsors and suppliers
pursuant to provisions in the contract between CART and American Racing Series,
which currently includes the following entrant credentials:
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1 - 12 Team Credentials (12) Complimentary
13 - 17 (5) at $145 per credential
18 - 25 (8) at $250 per credential
Revenues derived from such purchases shall be divided equally among all CART
Organizer/Promoters.
D. Officials
Each CART official will be issued a permanent CART picture I.D.
license/credential. This credential will permit access to the facility and
restricted areas including the pit area at all times during any CART Event. At
specified Events, a limited number of special credentials will be issued to
allow only necessary and appropriate personnel access to the pit area thirty
(30) minutes prior to and during the CART race.
E. Suppliers and Award Providers
A reasonable number of suppliers and award providers will be issued credentials
as determined by CART. These credentials will permit access to the facility and
restricted areas including the pit area at all times during any CART Event. At
specified Events, a limited number of special credentials will be issued t allow
only necessary and appropriate personnel access to the pit area thirty (30)
minutes prior to and during the CART race;
Each CART authorized supplier and award provider shall be entitled to a maximum
of five (5) credentials at no charge. Additional credentials may be purchased at
a cost of $100.00 each per season. Revenues derived from such purchases less
$10.00 per credential will be divided equally among all CART
Organizer/Promoters.
F. Media
CART will issue a limited number of credentials to nationally and
internationally recognized journalists and photographers covering the majority
of Series Events on assignment for recognized media. They will clearly be marked
"MEDIA" and "PHOTO" respectively. All media and photo credentials will permit
access to the facility and restricted areas including the pit area and media
center at all times during any CART Event. At specified Events, a limited number
of special credentials will be issued to allow only necessary and appropriate
personnel access to the pit area thirty (30) minutes prior to and during the
CART race.
G. Television Production
Television talent, key production staff and season-long television production
crew members are
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credentialed and marked "Network TV". All "Network TV" credentials will permit
free and unrestricted access to the facility and all associated areas including
the pit area and media center at all times during any CART event. Individuals
accredited by this CART Season Credential marked "Network TV" should receive
access to the same areas as any Event credential issued by CART or the promoter
to the television production crews. At specified Events, a limited number of
special credentials will be issued to allow only necessary and appropriate
personnel access to the pit area thirty (30) minutes prior to and during the
CART race.
H. Sponsors
A reasonable number of CART sponsors will be issued credentials as determined by
CART. These credentials will permit access to the facility and restricted areas
including the pit area at all times during any CART Event. At specified Events,
a limited number of special credentials will issued to allow only necessary and
appropriate personnel access to the pit area thirty (30) minutes prior to and
during the CART race;
Each CART sponsor shall be entitled to a maximum of five (5) credentials at no
charge. Additional credentials may be purchased at a cost of $500.00 each per
season. Revenues derived from such purchase less $50.00 per credential will be
divided equally among all CART Organizer/Promoters.
EVENT CREDENTIALS (PROVIDED BY THE ORGANIZER/PROMOTER)
A. Issued by CART:
1. Assistants
Organizer/Promoter shall make Event credentials available to CART for those
persons assisting CART Officials. These credentials shall be the same type of
credentials as those issued by Organizer/Promoter to others assisting in the
production of the Event and will permit access to the facility and restricted
areas including the pit areas at all times during any CART Event. At specified
events, a limited number of special credentials will be issued to allow only
necessary and appropriate personnel access to the pit area thirty (30) minutes
prior to and during the CART race.
2. Sponsors
For each Owner Membership accepted by CART the entrant may be entitled to a
maximum of twenty (20) credentials per accepted membership for team sponsors.
These credentials will permit access to the facility and restricted areas during
CART activities. Access to the pit area will be terminated thirty (30) minutes
prior to the start of and during the CART race. Each credential purchased
hereunder shall apply to all CART sanctioned events during the season and shall
be purchased at a cost equivalent to the sum of $45.00 for each permanent race
circuit on
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the schedule and $55.00 for each temporary race circuit on the schedule.
Revenues derived from such purchases will be divided equally among all CART
Organizer/Promoters.
3. Additional Credentials, Passes, Tickets and Parking
Organizer/Promoter will provide CART with additional credentials, passes,
tickets and parking to be utilized as stated below for distribution at the
discretion of CART.
(a) Credentials and Passes
General - Three Hundred (300) credentials for distribution by CART; Access to
the pit area will be terminated thirty (30) minutes prior to the start of and
during the CART race;
Drivers - Four (4) credentials to each participating CART driver;
Broadcast Partners (U.S. and International Television and CART Radio) -
Organizer/Promoter will provide all broadcast partners with specifically
designated all access "Network TV" credentials, which accord production
personnel free and unrestricted access to the site of the event and associated
areas otherwise restricted to the general public. These areas are to include the
media center, pit lane, paddock, television compound, camera locations, announce
booths, hospitality areas, and trackside access for the sole purpose of
producing television coverage of the Event. This "Network TV" credential should
be restricted for distribution to and use by authorized workers only under the
direction of CART. At specified Events, a limited number of special credentials
will be issued to allow only necessary and appropriate personnel access to the
pit area thirty (30) minutes prior to and during the CART race;
Indy Lights - Organizer/Promoter will provide Events credentials for Indy Lights
sponsors, suppliers, and guests. CART to coordinate.
(b) Tickets
General - One Hundred Fifty (150) tickets (deluxe grandstand seating) for use by
CART - to be received thirty (30) days prior to race day;
Television Network - Fifty (50) tickets (prime seating location) for intended
use by CART's TV Network, to be received thirty (30) days prior to race day.
(c) Parking
U.S. Television Network - Parking passes shall be provided by Organizer/Promoter
up to a total of (64) sixty-four; Forty (40) should allow parking adjacent or as
close as possible to television compound, with another twenty (20) providing
convenient access to overflow parking; Four (4) service vehicle passes shall
also be provided to allow delivery and servicing of equipment to all areas of
Event. CART to coordinate. Notwithstanding the foregoing requirements of general
application, the parties acknowledge Organizer/Promoter's space limitations, and
such
36
requirements shall be subject to mutual agreement between Organizer/Promoter and
CART for these Events;
International Television Networks - Parking passes shall be provided by
Organizer/Promoter up to a total of (17) for ESPN International. Ten (10) should
allow parking adjacent or as close as possible to the television compound with
another five (5) providing convenient access to overflow parking. Two (2)
"service" vehicle passes shall also be provided to allow delivery and servicing
of equipment to all areas of event. Additionally, four (4) parking passes shall
be provided for each other attending international network (excluding ESPN
International), preferably located as conveniently as possible to the television
compound. CART to coordinate. Notwithstanding the foregoing requirements of
general application, the parties acknowledge Organizer/Promoter's pace
limitations, and such requirements shall be subject to mutual agreement between
Organizer/Promoter and CART for these Events;
CART Radio Network - Parking passes shall be provided by Organizer/Promoter up
to a total of (4) four, including three (3) preferably in a location as close as
possible to the radio announce booth, and one (1) "service" vehicle pass to
allow for delivery or servicing of equipment to all areas of event.
CART to coordinate.
Media - At least forty (40) parking spaces shall be provided by
Organizer/Promoter for media personnel credentialed by CART in the vicinity of
the media center, with convenient overflow parking;
Competitor Transporter Space - Each entrant (i.e., each separately entered
car/driver combination) will be allocated sufficient parking space in the
paddock area for one (1) transporter and work area (minimum 85 feet x 31 feet);
Competitor Motor Coach/Hospitality Space - Each entrant (i.e., each separately
entered car/driver combination) will be allocated sufficient parking space for
one (1) motor coach (minimum 55 feet x 15 feet); Additional space over and
beyond the 55 feet x 15 feet will be charged to the teams, consistent with the
CART/Promoter Motorhome Policy;
Owners/Drivers/Team Affiliates/CART Officials & Staff - Organizer/Promoter will
designate a parking area which will accommodate owners, drivers, team affiliates
and CART officials and staff. Such area will be located in close proximity to
the paddock and/or garage area. CART owners and drivers will have access to park
in the paddock or motor coach areas. The number of passes required will be
mutually agreed upon by Organizer/Promoter and CART's Registration Manager;
CART Business Coach - Organizer/Promoter shall provide space in an area easily
accessible from the pit and paddock for the parking of CART's business coach;
Suppliers and Manufacturers - Organizer/Promoter will provide parking and work
areas in the paddock for suppliers and manufacturers that provide entrants with
products and services;
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Indy Lights or CART Official Support Series - Organizer/Promoter will provide an
area in the paddock for Indy Lights transporter parking, competitor work areas,
administrative functions and technical inspection. An area close to the paddock
for team parking will be available.
B. Issued by Promoter:
1. Race Pit Credentials
This Event credential, provided by Organizer/Promoter for issue by the
Organizer/Promoter and CART allows the bearer access to the facility,
paddock/garage and the pit area at any time during a weekend racing Event.
At specified Events, a limited number of special credentials will be
issued to allow only necessary and appropriate personnel access to the pit
area thirty (30) minutes prior to and during the CART race. Persons with
this credential must remain behind the pit wall during on track activity.
The dress code will be in effect during races with scheduled pit stops.
2. Practice & Qualifying Credentials
This Event credential, provided by Organizer/Promoter for issue by
Organizer/Promoter and CART allows the bearer access to the pit area
during all on track activity except races when scheduled pit stops are a
part of the race. Persons with this credential must remain behind the pit
wall during on track activity. The bearer must leave the pit lane thirty
(30) minutes prior to the start of a race with scheduled pit stops.
3. Redeemable Credential
This credential provides the bearer general admission and paddock/garage
area access, but does not allow admission into other restricted areas. To
gain access to the pit area, the bearer must present the credential for
validation or reissue and sign the proper waiver at a redemption center.
The redemption center will be operated by CART or Organizer/Promoter and
will be located in the infield, paddock or other area mutually agreed upon
by CART and Organizer/Promoter. The purpose of this credential is to allow
distribution of credentials to V.I.P.'s that would be issued a pit access
credential prior to the Event. This system will ensure easy access to the
facility and not allow pit access until the proper waiver is signed.
4. Other Access Identifiers
There are some other access identifiers that are used in conjunction with
the above three credentials to allow access into specific restricted areas
(trackside access, media center access, etc.) that are provided by
Organizer/Promoter for issue by Organizer/Promoter and CART.
Organizer/Promoter agrees to provide a list to CART, two (2) weeks in a
advance of the Event, of all local and regional TV broadcasters accredited
by Organizer/Promoter, for the Media Center area.
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C. All credentials shall be plainly marked "RACE PIT" or "PRACTICE &
QUALIFYING PIT", "MEDIA", "PHOTO", etc. Terms such as "HOT PITS" OR "COLD
PITS" are not acceptable.
RULES
1. Credentials are not transferable.
2. Persons in restricted areas may not enter team areas unless invited,
must obey the instructions given by CART officials and security
personnel in regards to their safety and well being and may not
interfere in any way with the activities of CART participants or the
Event. All credentialed persons are bound by the rules set forth in
the CART Rule Book which pertain to conduct and safety.
3. Persons not properly attired must leave the pit area thirty (30)
minutes prior to the scheduled start of the race. Proper attire is
defined as including the following tenets:
A. Shorts are not permitted.
B. Shirts fully covering the shoulders must be worn at
all times.
C. Open-toe shoes are not permitted.
IMPLEMENTATION
1. All security guards, gate guards, pit workers, registrars and staff
members with activities that may affected by this policy, will be
notified of this policy.
2. All CART Owners, Drivers, Team Managers, Chief Mechanics and
corporate Sponsors will be notified of this policy.
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SCHEDULE "D"
PPG PROGRAM AND OFFICIAL CARS
PACE CARS
The PPG pace cars will serve as the Official Pace Cars at all CART Events
sanctioned by CART and shall be the only pace cars referred to as "Official Pace
Cars" in any advertising, publicity, or promotion of a CART Event by the
Organizer/Promoter.
Track announcers shall identify the PPG pace cars during the parade laps and
continue to identify the starting PPG pace car when it starts the race and when
it is on the track during caution flag periods.
SIGNS AND FLAGS
A. Organizer/Promoter shall furnish PPG at no charge with one (1) location
for a painted sing, highly visible to the principal grandstands and to
television cameras covering the race. PPG will assume responsibility and
cost for painting the sign.
B. PPG shall receive preferential treatment in placement of temporary
banners, signs, and flags at each track for CART Events only. Where
there is a tower, or two towers, PPG's banner shall be placed in a
center location, separate and apart from all other signs and banners.
PPG shall receive at no charge at least two (2) choice location at each
track. Additional placement of PPG signs and banner will be in such
locations at may be determined by discussions between
Organizer/Promoter and representatives of PPG.
TICKETS AND CREDENTIALS
Organizer/Promoter shall provide choice seating locations for PPG when it makes
ticket purchases for its customers at the same rates, including discounts,
provided any other corporation or group. Also, Organizer/Promoter shall provide
PPG with a reasonable number of pit passes and parking stickers at no cost.
PROGRAM
Organizer/Promoter shall provide PPG with one (1) full-page, full color ad, for
which PPG will furnish color separations, and one (1) full-page of editorial in
their program at no cost to PPG.
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SCHEDULE "E"
EVENT ACTIVITIES
CART ACTIVITIES
The appropriate (road course, oval or 500 mile) standard CART schedule
will be in effect at all Events.
OFFICIAL SUPPORT SERIES AND PPG PACE CAR ACTIVITIES
Indy Lights or CART's official support series shall be entitled to compete
at this Event at no cost to CART or the support series. CART shall have
the right to schedule, at any time during the Event, including race day,
its official support series event as part of the overall CART activities.
Standardized schedules similar to the CART standard format schedules will
be developed for PPG Pace Car on track activities and CART's official
support series.
OTHER SUPPORT RACE ACTIVITIES
Any additional motor racing events must be approved by CART's Vice
President, Competition. These activities will be scheduled in a manner
which will minimize any interference with any scheduled CART, Indy Lights
or CART's official support series and PPG Pace Car on track activities.
Support activities should be selected to provide an appropriate complement
to CART activities and must be a balanced program and offer good
entertainment value to the fans. A one half-hour break between scheduled
competition activities is recommended. All on track support activities
must be sanctioned by a recognized FIA affiliate. A formal sanction
agreement executed between the sanctioning body and the event organizer
must be on file with CART. This agreement must verify the performance and
obligations of the sanctioning body and the event organizer and must not
infer any organization or operational responsibility to CART. These
activities must be held in compliance with the sanctioning body's rules.
The participant accident and liability insurance limits and carrier must
be acceptable to CART. In addition, celebrity events must comply with the
following:
1. All drivers must have successfully completed both classroom
and on track instruction.
2. Race cars must meet the safety requirements prescribed by the
sanctioning
a) A seat that provides proper driver support in case of
impact.
b) A five (5) point competition seat belt and harness.
c) Rollover protection:
- roll cage for closed-wheel production-type or - based
vehicles;
- roll hoop for sports race and open-wheel race cars.
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d) The electrical system must include an accessible master
switch and an impact/rollover switch. Both of these
devices must interrupt the current to all onboard
circuits.
3. Historic and vintage car practice, qualifying, race or
exhibition activities will not be scheduled as part of this
Event.
4. Only one race competition per CART sanctioned event weekend
will be scheduled for any support race category.
5. Commitments to live television coverage or time certain
scheduling of support activities should not be planned, as
such commitments will be interrupted by any delay in the
schedule.
ENTERTAINMENT ACTIVITIES
Parades, exhibitions, stunts and other entertainment activities must be
scheduled in a manner which will not interfere with any racing activity.
CART does not accept any organizational or operational responsibility for
these activities. These activities must be held in compliance with any
applicable local, state or federal guidelines or regulations. Event
liability insurance must be in place to cover these activities.
42
owners/teams and CART officials.
6. CART Promotions Coordinator gives appropriate tire manufacturer hat to
winner for television interviews. Television interviews will be conducted
in the following order with priority given to live shows over tape:
A. Host TV broadcaster
B. Foreign TV broadcaster
C. Network radio-if live
D. Local radio-if live
E. CART Productions
Note that with three (3) drivers available, some interviews may occur
simultaneously. Live television will have preference of interviewing
drivers one, two and three without wait. All other driver interviews may
be conducted following trophy presentation.
Teams, P.R. representatives, sponsors and others should respect the
integrity of the television broadcast and act appropriately. All three
(3) drivers should be respected. No unauthorized hats, products,
signs, etc. may thrust in front of Television cameras. No hats may be
exchanged during televisions interviews or in front of the camera.
7. PPG/Title Sponsor Victory Podium Truck, if applicable, moves into position
during interviews.
8. After all television/radio interviews, top three (3) drivers proceed to
Victory Podium Truck or permanent podium where available. Security will
provide escort for drivers. In the event Television is still live,
security will expedite same.
9. Drivers will be presented and interviewed by the track announcer on stage
in the following order: 3-2-1
10. Organizer/Promoter may designate and present additional awards as agreed
by CART. Such agreement will not be unreasonable withheld. Any additional
award presentation must follow the Event trophy presentation to the three
(3) drivers and winning team owners.
11. Trophies are presented by executive presenters designated by
Organizer/Promoter. Event title sponsor hats are worn. Beauty queens
should not be on stage unless stated in preexisting agreements with title
sponsor, or otherwise in accordance with the promotional model program as
agreed upon by CART and the Organizers/Promoters.
12. Winning owners(s) are present on podium for presentation of Trophy.
13. First round of photography. Executive presenters and/or owners(s) leave
platform.
14. CART Promotions Coordinator effectuates changes of driver's hates for
still photography
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session(s). This sequence will not appear on television. Hats will be
accommodated in the following order:
A. PPG Industries
B. Team Sponsor(s)
C. Limited number of additional sponsor(s) only by prior agreement-time
permitting
15. Organizer/Promoter retains the right to provide champagne which will not
be sprayed until all photo sessions are concluded.
VICTORY LAP
Drivers should be showcased to the fans. CART News Managers may accompany
drivers if sufficient space is available.
Upon completion of Victory Lap drivers proceed to Press Room for interviews.
Security will provide proper escort.
The Victory Lap is optional at the discretion of Organizer/Promoter.
