CART makes their money off of promoter fees. A few races CART itself promote's, in which they make the profits/or take the loss from that race. Off the top of my head.... CART promoted Cleveland, Miami and one other race last year. The new OWRS Group which plans on purchasing CART, doesn't plan on promoting any events.
and yes, Jaques is out of BAR and has does not have a ride for next year. He'll probably be watching the Monaco GP this year like the rest of us.
