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1997.(50th Anniversary countdown)

AutoWeek

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At Tokyo, BMW shows the Z07 concept, a forerunner to the Z8.

Chevrolet's C5 Corvette headlines in Detroit as AutoWeek editors' choice for best in show. Other highlights in Detroit are the Ford SVT Contour, the Oldsmobile Aurora-powered Shelby Series 1 and the Mercedes-Benz CLK, introduced by new CEO Juergen Schrempp.

General Motors and Volkswagen settle the Inaki Lopez affair. VW pays $100 million and promises to buy $1 billion in GM parts over seven years. VW admits that Lopez "may have'' done something illegal in 1995, bringing GM plans with him when he changed employers. VW returns the documents.

BMW-owned Rover teases with a concept car called the Mini Cooper ACV30 at the conclusion of the Monte Carlo rally.

Alex Zanardi wins at Long Beach, and after the last race (the first ever at California Speedway), he's CART champ.

At Disney World, driver Davy Jones suffers a concussion in the first IRL race using its new Dallara chassis and 4.0-liter V8 formula. Robby Gordon is burned badly at Indy. Safety concerns lead to several changes, not to mention requiring oil "diapers'' at Indy. In a parallel development, the use of the HANS device spreads rapidly throughout racing.

Arie Luyendyk wins the twice-rain-delayed Indy 500 on a Tuesday. Tony Stewart wins the IRL series title.

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...got better. The 1994 PPG Indy Car World Series Champion and Indianapolis 500 winner will be awarded the keys to a new Oldsmobile Aurora during the PPG Series annual award banquet at the Westin Hotel in Detroit's Renaissance Center. John Rock, vice president...
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Press release article from: PR Newswire January 4, 1995 700+ words
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Source: HighBeam Research, 1997.(50th Anniversary countdown)

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