The 2001 Harrah's 500 Presented by Toyota was a Championship Auto Racing Teams (CART) race held on July 22, 2001, at Michigan International Speedway in Brooklyn, Michigan, before a crowd of 40,000 spectators. It was the 11th round of the 2001 CART season, the 32nd running of the event, and the last time the event was held to CART rules as it became an Indy Racing League race in 2002. Forsythe Racing's Patrick Carpentier won the 250-lap event by 0.243 seconds over Dario Franchitti of Team Green and Bettenhausen Racing's Michel Jourdain Jr. was third.