UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported) December 1, 2004
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Championship Auto Racing Teams, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-13925 38-3389456
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
5350 Lakeview Parkway South Drive, Indianapolis, IN 46268
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (317) 715-4196
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240,14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240,13e-4(c))
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On December 1, 2004, Championship Auto Racing Teams, Inc. entered into amended
employment agreements with Christopher R. Pook and Thomas L. Carter extending
their agreements until June 30, 2005. A copy of each amendment is attached
hereto as Exhibit 99.1 and 99.2 and is incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
The following exhibits are incorporated by reference as part of this Report:
Exhibit Description
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99.1 Second Amendment dated December 1, 2004 to
Employment Agreement of Christopher R. Pook.
99.2 Amendment dated December 1, 2004 to Employment
Agreement of Thomas L. Carter.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized on this 7th day of December, 2004.
CHAMPIONSHIP AUTO RACING TEAMS, INC.
By: /s/ Thomas L. Carter
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Thomas L. Carter
Chief Financial Officer