The following teams and drivers competed in the 2001 CART FedEx Championship Series. All teams competed with tires supplied by
Firestone.
Team changes Chip Ganassi Racing's success with
Toyota in the
2000 season increased demand for their
RV8 engine, with
Walker Motorsport,
Newman/Haas Racing,
PacWest Racing, and
Patrick Racing switching to the engine for 2001. Because of the overwhelming engine production, Toyota ceased their support of two teams,
Della Penna Motorsports and
PPI Motorsports, forcing both to shut down their CART operations at the end of 2000; PPI Motorsports shifted their efforts to the
NASCAR Winston Cup Series. PacWest Racing was one of four teams that fielded cars powered by
Mercedes-Benz engines in the previous season, but was forced to switch to a different engine supplier after
DaimlerChrysler—Mercedes-Benz's parent company—announced their departure from the series at the season's end in order to exclusively focus on their
Formula One program.
Ilmor, the company responsible for building Mercedes-Benz's CART engines, chose to stay in the sport and supply their own engines, named the Phoenix, for
Arciero-Brooke Racing, though the team resorted to
Ford-
Cosworth's
XF engine starting from the
Miller Lite 225. As for the other teams,
Bettenhausen Racing also ran the XF engine, while
Mo Nunn Racing used
Honda's new
HR-1 engine alongside four other teams, including the newly-formed
Team Motorola and
Fernández Racing, marking Honda's largest lineup in their history with CART. Only two constructors,
Lola and
Reynard, supplied chassis for 2001 after
Swift left the series following an uncompetitive 2000 season with
Dale Coyne Racing. Reynard had won the Constructors' Cup the previous season and introduced their new
01I chassis. == Schedule ==