Originally Posted by indycool
Colt, you're still just plain inaccurate.
CART used the name Indy car for their cars right out of the box at their opener in Phoenix. Even though it went back and forth for a couple years whether CART would pay points for the Indianapolis 500 or not, and some CART people wanted to call it the CART PPG Indy Car World Series, it never was officially so because PPG bought the series rights and insisted otherwise.
While the points decision was the leverage CART used against PPG, PPG went to IMS and made the deal for the $100,000 pole award, $5,000 for each starter in the "500" and rings for all 33 starters in the "500," becoming the largest corporate sponsor of the "500." The $5,000 for each starter was similar to and formatted the same as the $3,000-plus PPG put in the purse for EVERY CART race at the time. And they announced at the time that points would be paid and they'd be PPG Indy Car World Series points.
The late Jim Chapman, representing PPG, outflanked CART's John Frasco, and CART couldn't gripe because PPG was giving it a TON of money. Some CART people, including Frasco, were livid because they wanted to bring IMS to its knees and make the "500" a CART race but had to stew in their own juices because Chapman's agreement in Indy fizzled out any leverage for a split. THEN came what some call CART's glory years.
Later, Chapman retired, then passed away and PPG Automotive Finishes head Fred Rhue retired and PPG eased out of the sport, but deserves all the credit for holding the sport together without a split in the '80s.
The use of the term "Indy car" was suspended for five years from EITHER series' use as part of the settlement of a lawsuit, I believe, in December of 1997. After that five-year period, the IRL could use it and CART could not as part of the settlement. That's when CART started developing the name Champ Car.