Yes, you saw correctly. My brother (AggieSVT) and I saw the vehicle in the paddock on Saturday, and talked to a CART Safety Car dude (he was cleaning them). My brother has pictures, and will post soon.
Sweet looking car, 17" BBS, 245/45 tires (fenders cut), brakes, no cat/res. BUT, the engine was stock!
![frown frown](/ubbthreads/images/graemlins/default/frown.gif)
The car is for Wally to preview the track for inspection. The CART dude said they have a SVT Pace car, but it wasn't there that weekend.
Furthermore, the IS300 had a "blower" installed to help it get more power.
![smile smile](/ubbthreads/images/graemlins/default/smile.gif)
Bro has pics of that too.......