CART meaning in Sports ?

Answer:

What is Championship Auto Racing Teams mean?

Championship Auto Racing Teams (CART) was a sanctioning body for American open-wheel car racing that operated from 1979 to 2003. It sanctioned the PPG Indy Car World Series from 1979 until dissolving after the 2003 season.

CART was founded in 1979 by United States Auto Club (USAC) Championship Division team owners who disagreed with the direction and leadership of USAC, with the then-novel idea of car owners sanctioning and promoting their own series collectively instead of relying on a neutral body to do so. Through the 1980s, the Indy Car World Series became the pre-eminent open-wheel auto racing series in North America, featuring street circuits, road courses, and oval track racing. CART drivers continued to compete at the USAC-sanctioned Indianapolis 500.

Even as the series prospered, concerns about costs, competitiveness, and revenue sharing began to create opposition to CART's organizational structure. Attempts at reform, which saw the company rebranded as IndyCar in 1992 and a compromise board formed, failed. In 1996, an open wheel "split" saw the newly created Indy Racing League (IRL) take full control over the Indianapolis 500 and start a competing oval-based open-wheel series. CART ceased using the IndyCar name but continued its series without participating in the Indianapolis 500.

The "split" saw a dramatic fall in general interest for open wheel racing in the United States, which was compounded by the growing popularity of NASCAR, creating a downward trend in sponsorship and attendance at some tracks. After a series of setbacks in the early 2000s saw the departure of major racing teams and engine manufacturers to the IRL, CART went bankrupt at the end of the 2003 season.

In 2004, a trio of team owners acquired the assets of the series from bankruptcy, renaming it the Champ Car World Series. Continuing financial difficulties caused Champ Car to file for bankruptcy before its planned 2008 season; its assets and history were merged into the IRL's IndyCar Series, reuniting both series of American open-wheel racing.

reference

Full Form	Category
Campus Area Rapid Transit	Academic & Science
Center of Advanced Research and Technology	Academic & Science
Computer Assisted Radar Tomography	Academic & Science
Cloud And Radiation Testbed	Academic & Science
Center for Advanced Research and Technology	Academic & Science
Committee Appointed Review Team	Accounts and Finance
Conservation Amenity And Recreation Trust	Community
Coins For Alzheimer's Research Trust	Community
Christians Achieving Recovery Together	Community
Computer Aided Reticulation Of Townships	Computing
Computer Assisted Real Time	Computing
Computer Analysis Response Team	Computing
Computer Aided Real Time	Computing
Computer Aided Realtime Translation	Computing
Classification And Regression Tree	Computing
Command And Response Token	Computing
Cmm Application Rating Team	Computing
Classification And Regression Trees	Computing
Communications Access Real-time Translation	Computing
Computerized Access Real-Time	Computing
CryptoArt.Ai	Cryptocurrency
Cms Abstraction and Reporting Tool	Database Management
Council Aviation Recovery Taskforce	General
Championship American Racing Teams	General
Coalition Against Road Trauma	General
Coordinated Automated Road Transport	General
Center for Automotive Research and Technology	General
Centre for Automotive Research and Training	General
Compensation for Assessed Repair Time	General
Communication Access Realtime Translation	General
Cocaine And Amphetamine Related Transcript	General
Classifcation And Regression Trees	General
Common Admission Retail Test	General
Cleveland Area Rapid Transit	General
Child Abduction Response Team	Governmental
Citizen Advocating Responsible Transport	Governmental
Cooperative Alliance for Regional Transportation	Governmental
Capital Area Rural Transportation	Governmental
Cocaine And Amphetamine Regulated Transcript	Medical
Combat Arms Regimental Training	Military and Defence
Communication Access Real Time	Networking
Championship Auto Race Team	Sports
Championship Auto Racing Team	Sports
Championship Auto Race Teams	Sports
Championship Auto Racing Teams	Sports
Cancelled At Race Time	Sports