The trading floor of the Chicago Board of Trade makes an IndyCar Series pit stop look tame.
Rahal Letterman Racing Team Ethanol driver Jeff Simmons, IndyCar Series, national and state officials were given a tour of the trading floor by Chicago Board of Trade chairman Charlie Carey. The Chicago Board of Trade, a leading futures and options on futures exchange, lauded the IndyCar Series for its use of 100 percent fuel-grade ethanol for the 2007 season that includes the 91st Indianapolis 500 on May 27.
“Congratulations for this groundbreaking technological achievement in the racing community, ” Carey said in a news conference. “The (Indy Racing) League and its crown jewel, the Indianapolis 500, have a long tradition of technological and safety innovations. Just as the IndyCar Series is an innovator in the world of auto racing, CBOT is an innovator in futures products. Before ethanol became a daily news story, CBOT recognized the increasingly important role ethanol can play in meeting the nation’s energy needs. ”
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