CBS has announced that it has starting taking applications for The Amazing Race 3. Now, while this doesn't necessarily mean that there will be an The Amazing Race 3, it is a very good sign for Race fans.

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To view the application, click here.

Some highlights:

- The application deadline is May 8
- Semi-finalist interviews are currently scheduled for May and/or June
- Finalist interviews are currently scheduled for June and/or July

Based on the above, it appears they are anticipating a a July/August race and September/October 2002 broadcast premiere.