UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 16, 2003 CHAMPIONSHIP AUTO RACING TEAMS, INC. (Exact name of registrant as specified in its charter) Delaware 1-13925 38-3389456 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 5350 Lakeview Parkway South Dr. Indianapolis, IN 46268 (Address of principal executive offices, with zip code) Registrant's telephone number, including area code: (317) 715-4100 -1- ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On October 16, 2003, Championship Auto Racing Teams, Inc. (the "Company"), announced that effective Wednesday, October 15, 2003, its common stock will be quoted on the OTC Bulletin Board (OTCBB) under the ticker symbol CPNT.OB. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS The following exhibit is incorporated by reference as part of this Report: Exhibit Description ------- ----------- 99.1 Press release dated October 16, 2003 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 16th day of October, 2003. CHAMPIONSHIP AUTO RACING TEAMS, INC. By: /s/ Thomas L. Carter --------------------------------- Thomas L. Carter, Chief Financial Officer -2-