CART: Marconi becomes the title sponsor for Cleveland race in July
14 January 2000
Posted By Terry
Callahan
Motorsports Editor, The Auto Channel
Text Provided by CARTIMG Motorsports and Marconi plc announced jointly last week that they had reached an agreement making Marconi the title sponsor of the July 2 FedEx Championship Series event at Burke Lakefront Airport.
The event has been designated the Marconi Grand Prix of Cleveland Presented by Firstar. Marconi has also agreed to be the title sponsor of the race telecast, which will air nationally on ABC-TV and throughout the world on ESPN International.
Marconi plc, headquartered in London, is one of the world's largest communications companies, with 45,000 employees worldwide and sales in more than 100 countries. Its two largest divisions, Systems and Communications, are headquartered in the United States, where Marconi employs 13,000 people and generates approximately half of its $8 billion in annual sales.
"I am extremely pleased that Marconi has chosen to do business in Cleveland and to support that endeavor by taking on the title of our race," said Cleveland Mayor Michael R. White. "As we have learned over the years, this race is very important to the City of Cleveland, area businesses and racing fans. Each year, millions of people throughout the world get exposed to Cleveland through the race. I want to thank Marconi for helping us continue the global showcase of our wonderful city."
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