Thursday, July 26, 2001

USAC: Stoops Freightliner Sprint Car Series Race Results, Twin Cities

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 USAC STOOPS FREIGHTLINER SPRINT CAR RACE RESULTS: July 24, 2001 – North Vernon, Indiana - Twin Cities Raceway Park - Pennzoil "Indiana Sprint Week" QUALIFICATIONS: 1. Tracy Hines, 62, BWB-14.506; 2. Jonathan Vennard, 54, Vennard-14.608; 3 ... Continue reading

NASCAR WCUP: For Sadler, the tunnel turn is the key to Pocono

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 POCONO IS A VERY TOUGH TRACK FOR MANY OF THE COMPETITORS ON THE WINSTON CUP CIRCUIT. WHILE IT CERTAINLY ISN’T THE EASIEST PLACE TO GET AROUND, ELLIOTT SADLER DOES HAVE SOME COMMENTS ON HOW TO GET HOLD OF THE TRACK. IT IS ALL IN HOW YOU DR ... Continue reading

CART: Herta ready to continue success after leading for first this season

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 High Speed Herta: Herta and the Forsythe Championship Racing Team lead for the first time this season, as Herta dominated the field for seventeen laps last weekend at Michigan International Raceway. Herta finished fifth at the Harrah's 500, his ... Continue reading

US F2000: Fonferko earns US F2000 ride

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 SONOMA, CALIF. —This past weekend, Ross Fonferko earned a ride in the U.S. F2000 National Championship Presented by Speedvision after winning the 2001 Russell/USAC Triple Crown Pro Series. Fonferko entered the 2001 Triple Crown Pro Series ... Continue reading

NASCAR WCUP: Ken Schrader ready for return trip to Pocono

<STRONG><a href="mailto:sports@theautochannel.com">Posted By Terry Callahan</A><BR> Motorsports Editor, <EM>The Auto Channel</EM></STRONG><P> July 26, 2001<P> <b>Schrader's Thoughts On Pocono Raceway...</b> <p> "We were good when we unloaded in Pocono and all we had to make were small changes throughout the whole weeke ... Continue reading

Ceradyne Inc. Reports Q2 and Six-Months 2001 Financial Results

Ceradyne Inc. reported sales and earnings for the second quarter and six months ended June 30, 2001. Sales for the quarter were $11.1 million compared to $11.7 million in the prior-year second quarter. Net income was $1.3 million, or $0.15 per diluted share, compared to $1.3 million, or $0.16 per diluted share, for the ... Continue reading

Simula, Inc. Announces Resignation of Chief Financial Officer

Simula, Inc. announced the resignation of its Chief Financial Officer, James C. Dodd. Mr. Dodd joined Simula in 1999 as Executive Vice President, Chief Financial Officer and Treasurer. Mr. Dodd will assist the Company for an interim period in ensuring a smooth transition of responsibilities to his successor and with fi ... Continue reading

Autoliv Financial Report April-June 2001

Autoliv Inc. -- Reported sales down 4% and organic sales down 1% compared to a 5% drop in car production -- The favorable income trend continued from previous quarter -- Earnings per share $.31 vs. $.21 in the first quarter Earnings and margins for Autoliv Inc. continued to recover in the quarter ended June 30, 2001, f ... Continue reading

Adept Technology Announces Cost Reduction Program

Adept Technology, Inc. announced that it is implementing a cost reduction program during the first quarter of fiscal 2002. The company also revised its business outlook for fourth quarter. "The weak global economic conditions are affecting our customers' businesses across the board and they are in turn reducing or dela ... Continue reading

Arctic Cat Reports 2002 First-Quarter Results

Arctic Cat Inc. today reported results for the fiscal 2002 first quarter ended June 30, 2001. Net earnings for the 2002 first quarter were $1,957,000, or 8 cents per diluted share, versus $2,052,000, or 8 cents per diluted share, for the first quarter of fiscal 2001. Net sales for the quarter were $79,234,000 compared ... Continue reading

Gehl Reports Second Quarter 2001 Results of $.58 Per Share

Gehl Company, a manufacturer of compact construction and agricultural equipment, today reported net income for the second quarter ended June 30, 2001 of $3.2 million, or $0.58 per diluted share, exceeding the Company's revised guidance of $.52 to $.57 per diluted share. Net sales were $77.4 million in the quarter, abov ... Continue reading

Dyna Group Announces Record Revenues and Earnings

Dyna Group International announced Record Revenues and Earnings for the second quarter ended June 30, 2001. ... Continue reading

State Auto Financial Corporation Reports Second Quarter Earnings

State Auto Financial Corporation reported second quarter net earnings of $9,433,000, compared with $12,494,000 for the second quarter 2000. Second quarter reported earnings per share were $0.24 ($0.24 diluted), compared with $0.33 ($0.32 diluted) for the second quarter 2000. Net operating earnings for the second quarte ... Continue reading

Hello Mother, hello Father: Letters home from Camp Jeep

Charlottesville, VA: It's been 38 years since I've gone to Summer camp, so when I got a call from DaimlerChrysler telling me about all the activities surrounding this year's Camp Jeep, I thought it was time to break out the mosquito repellent and head to the Blue Ridge Mountains of Virginia. What's Camp Jeep? It's a co ... Continue reading

Kanaan/Zanardi Chicago Pre-Race Notes/Quotes

Contact: Laz Denes, 256-657-6190 ldenes@monunnracing.com www.monunnracing.com MO NUNN RACING - PRE-RACE NOTES/QUOTES Target Grand Prix - July 27-29, 2001 Chicago Motor Speedway - Cicero, Ill. - 1-Mile Oval TONY KANAAN -- #55 HOLLYWOOD/MO NUNN RACING HONDA-REYNARD **This weekend marks Kanaan's 65th career Champ Car star ... Continue reading

KARNAC.com Racin' Talk Radio (Radio Show)

KARNAC.com Racin' Talk Radio Show ... Continue reading

Foamex International Acquires Assets of General Foam Corporation

Foamex International Inc., the leading manufacturer of flexible polyurethane and advanced polymer foam products, announced today that it had completed the transaction to acquire certain assets of General Foam Corporation (GFC), a manufacturer of polyurethane foam products for the automotive, industrial and home furnish ... Continue reading

Motion Industries Receives 2000 Supplier Award Given by J. Ray McDermott

Motion Industries was named a 2000 Top Supplier at a recent luncheon given by J. Ray McDermott, Inc, a leading worldwide marine construction company. A total of twenty-six suppliers were honored, with only four receiving the designation of Top Supplier. The winners were chosen from a large base of more than 1,000 suppl ... Continue reading

Oshkosh Truck Closes Deal for Geesink Norba Group

Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, announced today it has completed the purchase of 100 percent of the stock of the Geesink Norba Group. Geesink Norba is a leading European manufacturer of refuse collection truck bodies, mobile and stationary compactors, and transfe ... Continue reading

PennEngineering Announces Results for Q2 2001

PennEngineering reported net income of $3,678,000 or $0.21 per diluted share, on quarterly net sales of $52,079,000 for the second quarter ended June 30, 2001. For the comparable 2000 quarterly period, net income was $6,231,000 or $0.36 per diluted share, on net sales of $64,651,000. For the six months ended June 30, 2 ... Continue reading

TBC Reports Record Second Quarter Earnings Per Share

TBC Corporation reported record second quarter earnings of $0.26 per share for the three months ended June 30, 2001. Net sales for the second quarter increased 24% to $255.5 million, compared with $206.4 million in the year-earlier period. Net income for the second quarter totaled $5.5 million, or $0.26 per diluted sha ... Continue reading

Torca Products Named 2000 Aftermarket Supplier of Year

Torca Products, Inc. has been named the 2000 Aftermarket Supplier of the Year by Kenworth Truck Company and PACCAR Parts, the aftermarket division of PACCAR Inc. Torca is a leader in the manufacturing of clamping and mounting systems and related components. The company manufactures the TorcTite(TM), AccuSeal(TM), and E ... Continue reading

Truck Safety Inspections Must Drive Plan to Open Border

AAA Texas is urging Congress to significantly increase the safety inspections of Mexico-origination trucks before allowing them unrestricted access to roads in Texas and the rest of the U.S. as provided under the North American Free Trade Agreement (NAFTA). Currently, trucks based in Mexico are allowed to travel up to ... Continue reading

TRW Board of Directors Elects David M. Cote Chairman

The TRW Inc. Directors today elected David M. Cote, 49, Chairman of the Board, Chief Executive Officer, and President of the $17 billion technology and automotive components corporation. The appointment is effective July 31, 2001. Mr. Cote, who has been serving as the corporation's chief executive officer since Februar ... Continue reading

TRW's Defense Travel System Gets Go-Ahead from DoD

The Office of the Secretary of Defense released a memo last week reaffirming its commitment to go forward with TRW's Defense Travel System (DTS) and deploy it throughout the department and across the services and agencies. This decision follows a favorable review of the system by a Defense Department panel that convene ... Continue reading

Valeo: Half Year Results; First Steps Toward Recovery

Valeo's Supervisory Board meeting on July 24th approved the Group's consolidated accounts for the first half 2001: 1st Half In millions of euro 2001 2000 +/- Sales 5,471 4,491 +21.8% Gross margin 867 869 -0.2% % Sales 15.8% 19.4% Operating income 178 299 -40.5% % Sales 3.3% 6.7% Net income from consolidated companies ( ... Continue reading

NASCAR WCUP: Mayfield reaches 177.312 to top Brickyard test charts

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 INDIANAPOLIS - Jeremy Mayfield wheeled a Ford to a fastest lap of 177.312 mph July 25 to claim the top spot on the speed chart for the two-day NASCAR Winston Cup Series test at the Indianapolis Motor Speedway in preparation for the Brickyard 40 ... Continue reading

US F2000: IRP cancelled; Asaro wins oval crown

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 FAIRFIELD, N.J. -The U.S. F2000 National Championship Presented by Speedvision has announced that its appearance at the Night Before F1 race at Indianapolis Raceway Park has been cancelled. Originally scheduled as a replacement for the Chicago ... Continue reading

USAC: $10,000 to win sprint car special event highlights Twin Cities card

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 USAC Stoops Freightliner Sprint Car Series participants will compete in a special $10,000-to-win feature event at Twin Cities Raceway Park in North Vernon, Ind. September 8 as part of an action-packed two-night racing program on the 3/8-mile di ... Continue reading

USAC: Hollingsworth aims for 3rd dirt regional win

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 Shane Hollingsworth of Indianapolis, Ind. aims for his third victory in the 2001 USAC Dirt-Track Regional Midget Car Series Saturday night when Lincoln Park Speedway in Putnamville, Ind. hosts the fourth round in this year's championship. Holli ... Continue reading

Northern Light IRL: Additional Surgery Successful for Davey Hamilton

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 INDIANAPOLIS - Indy Racing Northern Light Series driver Davey Hamilton underwent additional successful surgery on his right foot and ankle June 25 at Methodist Hospital in Indianapolis. Hamilton, from Eagle, Idaho, suffered severe injuries to h ... Continue reading

CART: Leader Brack seeks return to winning form at Target Grand Prix

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 DETROIT- After a momentary stumble, FedEx Championship Series leader Kenny Brack of Team Rahal is no doubt looking forward to his return to friendly environs for this weekend's Target Grand Prix Presented by Energizer at Chicago Motor Speedway ... Continue reading

NASCAR BGN: Jason Keller Hopes To Continue Successful Ways At Indianapolis Track

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 BOISE, Idaho--- For Jason Keller, there is no place like Indianapolis Raceway Park. One of the few remaining short tracks on the NASCAR Busch Series circuit, IRP has played host to some of Keller's most successful runs. Keller has captured two ... Continue reading

NASCAR WCUP: Rudd going for two in a row at Pocono

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 Pocono, PA -- When Ricky Rudd, driver of the No. 28 Texaco/Havoline Ford, crew chief Michael McSwain and the rest of the crew walk under the tunnel into Pocono Raceway, they will have a gleam in their eye and a hunger in their hearts. Pocono Ra ... Continue reading

NHRA announces 2002 national event schedule

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 GLENDORA, Calif. -- Today, the National Hot Rod Association (NHRA) announced its 2002 national event schedule, featuring 23 national events and a return to all venues on its current 2001 schedule. In addition, the NHRA announced an increase in ... Continue reading

NASCAR WCUP: Jarrett guns for 11th consecutive top five at Pocono

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 LONG POND, Pa. - Fresh off his first career victory at the "Magic Mile" in New Hampshire, #88 UPS driver Dale Jarrett returns to a track where he's already won twice and established a permanent presence in the top 5 in recent years: Pocono Race ... Continue reading

NASCAR WCUP: Tony Stewart quick return to Pocono

Posted By Terry Callahan Motorsports Editor, The Auto Channel July 26, 2001 ATLANTA - It wasn't that long ago when the NASCAR Winston Cup Series first visited Pocono (Pa.) Raceway this season. In fact, just four races have passed since the series stopped at the triangular 2.5-mile facility June 15-17, giving Pocono the ... Continue reading