Road America has filed a countersuit against CART, alleging the open-wheel racing body broke its contract with the track when it canceled a scheduled race. source: cbs.sportsline.com Road America filed the countersuit Monday in U.S. District Court in Indianapolis. The company is seeking monetary damages. CART filed suit against the track in February, claiming it had not received the final installment of the sanctioning fee for last year's race or the first payment for the race that was scheduled for Aug. 3 this year. "We were in full compliance with our 2002 and 2003 CART agreements," track president George Bruggenthies said in a statement Tuesday. "Before CART announced they were canceling our race, we were operating in good faith and we were actively promoting the 2003 race. "We had no idea that CART did not plan to run the race as they had contractually agreed to do." Road America said in the countersuit that CART agreed to share in any losses or profits under an amendment last year to a contract signed in 1999. But the track said CART eventually refused to share in the loss. The amendment also included a reduced sanctioning fee, which Road America paid the first installment of on March 7, the company said.
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