Done deal for next 5 years down under for Champ Car source: cart.com On a weekend when the Champ Car World Series is busily conducting one of its premier North American street circuit events on the asphalt of Long Beach, it firmed up a deal that will ensure the continued tradition of an equally-successful street event in Australia. The future of the Lexmark Indy 300 in Surfers Paradise, Australia, was secured with the signing of a contract in California today enabling the event to be held for another five years, as the Deputy Premier and Minister for Sport Terry Mackenroth signed the Official Promoter's Agreement with Champ Car CEO and President Christopher R. Pook, Lexmark Indy 300 General Manager James Ashworth and Lexmark Indy 300 Chairman, John Cowley, at Long Beach, site of this weekend's Toyota Grand Prix of Long Beach. The current contract covers the 2003 event, therefore the new agreement carries the race from 2004-08. "The event in Surfers Paradise has long been an example of how a race should be run and we are very pleased to be able to continue our relationship," said Pook. "The event is extremely popular with our drivers, teams, sponsors and most importantly the public. The event is a very important part of our ongoing strategy to deliver key markets to our constituents and this agreement reflects the value that our series can deliver into a vital market such as the State of Queensland."
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