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The final round of the 1996 season was the Toyota Grand Prix of Monterey Featuring the Bank of America 300 and the Danishman finish eighth. At the end of the year Hogan Racing boss Carl Hogan choose to enter the Reynard 97I for his team in 1997.
In 1996, Carl Hogan left the team and started his racing operation. [citation needed] As a result, the team changed its name to Team Rahal and Hogan started Hogan Racing. In early 1996, [8] Rahal's longtime friend, and avid race fan, comedian David Letterman, purchased a small share of the team.
For 1997 Hogan went off on his own and signed rookie Dario Franchitti and selected Reynard chassis with Mercedes-Benz-Ilmor power. Franchitti finished 22nd in points with a best finish of 9th and signed with Team KOOL Green before the season's end, prompting Hogan to bench Franchitti and put Robby Gordon in his car for the final race of the season at California Speedway. [1]
A caution with 15 laps to go potentially cost Carl Edwards his first Cup Series title. And Edwards abruptly retired from NASCAR months later.
The Rahal-Hogan R/H-001, originally known as the Truesports 91C and developed into the Truesports 92C, was a CART racing car used in the early 1990s. It was developed and raced by Truesports between 1991 and 1992 and sold to Rahal-Hogan Racing in 1993, notably failing to qualify for the 1993 Indianapolis 500 with defending series champion Bobby Rahal.
Castroneves agreed with team owner Carl Hogan on 26 January to drive for Hogan Racing in 1999 in place of JJ Lehto on the condition he paid $3 million in sponsorship to the team. [28] [30] He drove the unreliable No. 9 Lola B99/00-Mercedes-Benz car with an engine inconsistent in producing power.