Latest news:

Sam Schmidt Buys FAZZT

By Andrew Cutler
March 4 2011

FAZZT Race Team burst out of the starting gate at last year's IndyCar Series season opener with impressive form, punching well above what would normally be considered the 'weight class' for a squad in it's rookie year. After mostly mantaining that performance level throughout 2010, they certainly looked like a team with staying power.

It therefore came as a complete shock to most - myself included - when it was learned earlier this week that the assets of FAZZT had been sold off to Sam Schmidt, the Indy Lights squad owner who had already announced plans to run a limited IndyCar campaign this year.

What wasn't generally known was that two of the three co-owners, Jim Freudenberg & Andre Azzi, (the 'F' and 'AZZ' in the team name) had decided to leave, which left fellow co-owner - and driver - Alex Tagliani holding the bag.

Schmidt will honor Tagliani's full season deal for 2011 (and hopefully beyond: He is rumored to have sponsorship lined up through 2013), and has promised that none of FAZZT's crew or other staff will be let go because of this acquisition.  

View a Printer Friendly version of this Story.

Bookmark or share this story with:

Sam Schmidt Buys FAZZT
Discussion started by IndyCar Racing , 04/03/2011 05:20
IndyCar Racing
04/03/2011 05:20
What do you think? You can have your say by posting below.
If you do not already have an account Click here to Register.

Your Name: 
We record all IP addresses on the Sportnetwork message boards which may be required by the authorities in case of defamatory or abusive comment. We seek to monitor the Message Boards at regular intervals. We do not associate Sportnetwork with any of the comments and do not take responsibility for any statements or opinions expressed on the Message Boards. If you have any cause for concern over any material posted here please let us know as soon as possible by e-mailing