Bear Stearns and CART to Hold Motorsports Business Forum at the Shell Grand Prix of Denver.Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 15, 2002 In a concerted effort to help teams educate prospective sponsors, Bear, Stearns & Co. Inc. and Championship Auto Racing Teams, Inc. (CART) announced today that they will be holding a Business-to-Business Forum, Thursday August 29th, at the Shell Grand Prix of Denver. The B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Forum is designed to provide investors and businesses with a thorough understanding of the financial opportunities that exist in CART. In addition to the forum, attendees will have a chance to visit the CART paddock garage area, examine the cars and get a behind-the-scenes look at the CART FedEx Championship Series. Featured speakers at the event include Christopher R. Pook, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CART, Ed Sachs, executive vice president of sales and marketing at Pioneer Electronics USA and Bob Graham, manager of motorsports sponsorships at Shell Oil Products. The event will also include a forum discussion, entitled, "Generating Revenue through Motorsports". "The motorsports industry creates an impressive blend of entertainment, business-to-business and investment opportunities," said David L. Rosenberg, Bear Stearns managing director and a contributing organizer of the event. "We believe this Forum will offer a rare opportunity for those outside the industry to gain a greater understanding of the business." "CART is taking a leadership position as it pertains to providing a sports marketing environment that is conducive to the creation of new business opportunities," added Christopher Pook. "This B2B Forum, held in conjunction with the debut of the Shell Grand Prix of Denver, is an excellent opportunity for those companies not currently using our sports marketing platform to come and check us out." For additional information on the Forum, please contact Andy Castleman on 317-715-4134 or via e-mail at businessdevelopment@cart.com, Jason Berlinger on 310-201-2727 or at jberlinger@bear.com or David Rosenberg on 310-201-2727 or drosenberg@bear.com. Founded in 1923, Bear, Stearns & Co. Inc. is a leading worldwide investment banking and securities trading and brokerage firm, and the major subsidiary of The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange :BSC (Binary Synchronous Communications) See bisync. ). With approximately $31.0 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide. The company's business includes corporate finance and mergers and acquisitions, institutional equities and fixed income sales, trading and research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers prime broker and broker dealer services, including clearing and securities lending Securities Lending When a brokerage lends securities owned by its clients to short sellers. Notes: This allows brokers to create additional revenue (commissions) on the short sale transaction. . Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the company has approximately 10,500 employees located in domestic offices in Atlanta, Boston, Chicago, Dallas, Denver, Los Angeles, San Francisco and San Juan; and an international presence in Beijing, Dublin, Herzliya, Hong Kong, London, Lugano, Milan, Sao Paulo, Seoul, Shanghai, Singapore and Tokyo. For additional information about Bear Stearns, please visit the firm's Web site at http://www.bearstearns.com. Championship Auto Racing Teams, Inc. (NYSE: MPH) owns, operates and markets the CART FedEx Championship Series. Current points leader Cristiano da Matta Cristiano Monteiro da Matta (born September 19, 1973, in Belo Horizonte, MG, Brazil) is an auto racing driver, winner of the American CART Championship in 2002, and former Toyota Formula One driver. , along with former series champions Michael Andretti and Jimmy Vasser, are among the stars who will battle for the 2002 FedEx Championship Series title with championship-winning teams such as Target Chip Ganassi Racing Chip Ganassi Racing with Felix Sabates is an automotive racing organization with teams competing in NASCAR, IRL, and Grand-Am racing. It is owned by businessmen Chip Ganassi and Felix Sabates. The team is based in Concord, North Carolina, which is a suburb of Charlotte. and Team KOOL KOOL Kentucky Offender Online Lookup KOOL K-Based Object Oriented Language Green. CART Champ Cars are thoroughbred racing machines that reach speeds in excess of 200 miles per hour, showcasing the technical expertise of manufacturers such as American Honda, Ford Motor Company, Toyota, Lola Cars, Reynard Motorsport and Bridgestone/Firestone North American Tire, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The 19-race 2002 CART FedEx Championship Series will be broadcast by new television partners, CBS (Cell Broadcast Service) See cell broadcast. , FOX and SPEED Channel. CART also owns and operates its top development series, the CART Toyota Atlantic Championship. Learn more about CART's open-wheel racing series at http://www.cart.com. |
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