Preheat oven to 325 degrees.
Grease & flour pan.
Combine sugar, oil, eggs & water in mixer bowl- beat until well incorporated.
Add all remaining ingredients- mixing in carrots & pecans last- after beating all other ingredients together.
Pour into prepared pan
Bake 65-75 minutes- or until your toothpick comes out clean.
Cool in pan on wire rack 10-15 minutes.
Gently run knife along sides to release & invert on plate, removing from pan.
Drizzle frosting over before cake cools completely.
Store in airtight container.