The Kentucky Speedway Official 2002 Pace Car led the field to the green flag for Indiana University's "Little 500" Bike Races April 19 and 20. Speedway Vice President of Finance Chris Grathwohl, a 1987 IU graduate, was behind the wheel of the Ford Mustang.

The bike races are the cornerstone events in "The World's Greatest College Weekend", and were featured in the award-winning motion picture Breaking Away.

The races are patterned after the Indianapolis 500, with the starting grid consisting of eleven rows with three team riders each. Each team is comprised of three or four riders, and rider exchanges play a critical role in the team's success. The women compete in a 100-lap (25 mile) race while the men's race covers 200 laps (50 miles), each on a quarter-mile cinder track. Riders compete at speeds approaching 25 mph on identically prepared Mongoose bicycles.

This year marked the 15th anniversary of the women's race and the 52nd running of the men's race. The "Roadrunners" defended their women's title by winning a two-team final lap sprint. In the men's race, the Corleones pulled away in the closing laps to win going away.

Kentucky Speedway Media Center staffer, Nick Meyer, a junior at IU paced the Phi Kappa team to a fifth-place finish.