Lazier also qualified on pole position at Wisconsin State Fairgrounds Park Speedway, led for 25 laps but ultimately finished in 9th place.
43 Motorsports Marketing Fabcar CL FEP/002-Porsche with John Higgens, Lorenzo Lamas and Justus Reid in the Lights class.
90 Lola T88/00-Cosworth DFX at the season-opening Gold Coast IndyCar Grand Prix at the Surfers Paradise Street Circuit.
On the first lap of the race, Gary Bettenhausen got sideways in turn 1 and Lazier hit the outside wall in avoidance; he continued to the pit lane where he retired due to accident damage.
Lazier then competed in the season-ending Toyota Monterey Grand Prix at Laguna Seca for Hemelgarn Coyne Racing in No.
The team regained sponsorship from Seaway Food Town and Project Pacific, when they used the T90/00 at the Miller Genuine Draft 200 at the Milwaukee Mile where Lazier started and finished in 17th place, twenty-four laps down.
At the season-opening Australian FAI IndyCar Grand Prix at Surfers Paradise, Lazier started in 25th place but retired after 35 laps due to a suspension failure.
At the ITT Automotive Grand Prix of Detroit, Lazier started in 26th place but crashed out of the race after completing 55 laps.
At Cleveland, the car had additional sponsorship from Viper Auto Security and Applebee's; Lazier started in 23rd place but suffered an electrical issue after completing 61 laps.
Lazier did however compete in the Marlboro 500 at Michigan International Speedway and the Molson Indy Vancouver at Concord Pacific Place.
Lazier started in 21st place at Michigan, but failed to finish due to an electrical issue, while a half shaft problem caused him to retire at Vancouver.
At the season-opening Indy 200 at Walt Disney World Speedway, Lazier recorded the series' inaugural pole position.
During practice for the following race, the Dura Lube 200 at Phoenix International Raceway, Lazier was involved in a crash with Lyn St. James.
Lazier's team brought him in for his final pit stop several laps later than the rest of the leaders, which put him behind on the track but able to turn up his turbo boost pressure and run faster to the finish.
At the following race, the True Value 500 at Texas Motor Speedway, Lazier started in 4th place and led twice for a combined total of 57 laps.
Lazier achieved his first win of the season at the VisionAire 500 at Charlotte Motor Speedway, after starting in 5th place and leading for 58 laps.
In the race Lazier ran in the top five and battled with Billy Boat, Kenny Bräck, Luyendyk, Greg Ray, John Paul Jr. and Eddie Cheever for the lead.
At the following race, the True Value 500 at Texas, Lazier started and finished in 11th place due to a wheel bearing problem after completing 194 laps.
Lazier then achieved his second 2nd-place finish of the season at the Pep Boys 400K at Dover Downs International Speedway after leading for 7 laps.
At the second race of the season, the MCI WorldCom 200 at Phoenix, Lazier started in 15th place and was involved in a crash with Eddie Cheever on lap 149 in turn 3.
At the second race of the season, the MCI WorldCom Indy 200 at Phoenix, Lazier started in 26th place, having missed qualifying.
At the following race, the Casino Magic 500 at Texas, Lazier qualified on pole position and led for 62 laps, but ultimately finished in 7th place.
Following the race Lazier retook the points lead, ahead of the inaugural Belterra Resort Indy 300 at Kentucky Speedway.
At the next race, the Harrah's 200 at Nashville Superspeedway, Lazier started in 6th place and led for 71 laps en route to his third win of the season.
In the race Lazier moved through the field into the top 15 positions and was running in 12th place when he retired after 164 laps due to a fuel system failure.
Lazier then competed in the following race, the ABC Supply Company A. J. Foyt 225 at the Milwaukee Mile, after teammate Enge was injured at Nashville.
The race weekend was overshadowed by the death of Paul Dana in final practice; Lazier retired after 12 laps due to an electrical problem, and was scored in 14th.
For the remainder of the season Briscoe and Sarah Fisher drove the car, which resulted in Lazier finishing in 18th place in the final championship standings with 122 points.
Dan Wheldon, who had qualified in 2nd place, and his Chip Ganassi Racing team helped Lazier with set up information.
Lazier was nominated for the Best Driver ESPY Award in 2001 against Bobby Labonte, John Force and Gil de Ferran.