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..the Modern Era of IndyCar Racing being from 1979 to the present...
In 2002 the CART Series was already on thin ice and trying to stay afloat as a series. Major teams like Team Penske already started to defect to the IRL series at the beginning of the year and IndyCar racing in North America was not in very good shape. The last thing CART needed was another disaster of a race, but that is exactly what happened at the 2002 Honda Indy 300 at Surfers Paradise in Australia. Although, not completely CART's fault.