Keith McCaw, the 49 year-old brother of former PacWest Racing team owner Bruce McCaw, has been found dead in his Seattle home.

In an Associated Press release on Monday it was confirmed that Keith McCaw, younger brother of former CART team owner Bruce McCaw, was found dead at his home near Seattle on Sunday aged 49.

A police spokesperson in the AP report was quoted as saying there was "no indication of foul play," during the initial investigation of McCaw's lakeside estate.

Although Keith did not play an active role in his brother's race team, which participated in CART between 1993 and 2001 before going bust under the PWR Championship Racing banner in early 2002, he was involved in the cellular phone company that he, Bruce and two other brothers sold for more than $11 Billion in 1994. Keith was still ranked on the Forbes 500 rich list at the time of his death.

McCaw Cellular Communications was sold to AT&T in 1994, just as PacWest Racing were completing their first full season of competition on the CART circuit. British driver Mark Blundell drove for PacWest between 1996 and 2000, scoring three victories for the team.