Lanigan expanded his sponsorship into team ownership in 2001, joining forces with Eric Bachelart to co-own Conquest Racing which competed in the IndyCar Series in 2001 and 2002, then the Champ Car World Series from 2003 to 2006.
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Lanigan also took over the promoter position of Champ Car's Grand Prix of Houston in 2006 and Grand Prix of Cleveland in 2007, neither of which survived the merger to appear on the IndyCar Series schedule.
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