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Old 02-20-2008
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Big Dick
Testing Mid-Corner Speed / Advanced Member (500+ Posts)
 
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Re: Indy / Champ Car Merger?

02/20/08


Merger to be announced Friday, Champ Car to be no more IndyCar officials have tentatively scheduled a press conference for Friday as early as 11 a.m. in Indianapolis, where they will announce that the long American open-wheel racing war has come to an end. Series officials had hoped to make the announcement Thursday. But Champ Car principal Kevin Kalkhoven will not be back from England, where he is tending to family business.
Friday's announcement will end the 13-year feud that began when Indianapolis Motor Speedway president Tony George announced the creation of a new racing series on March 20, 1994. At that time, most of the teams that competed in the Indianapolis 500 were in CART, a series that went bankrupt and would later be revived as Champ Car.
George's original intention was to have CART teams participate in what was then known as the Indy Racing League. But most of those teams refused, starting a lengthy and divisive battle for supremacy in North American open wheel racing.
But Champ Car has agreed to cease operations, which will allow its teams to accept George's offer of a free Dallara car and free Honda engines to make the transition to the new series.
As part of the agreement, IndyCar will purchase Champ Car's "intellectual properties," including the historical database.
For example, Sam Hornish Jr. is officially listed as the series' all-time wins leader with 19. But under the new agreement, the all-time lead would be returned to A.J. Foyt, who has 67 career victories.
In addition, IndyCar is expected to get Champ Car's race dates for the Long Beach Grand Prix along with street races in Edmonton, Alberta; Surfer's Paradise, Australia and Mexico City. SportsTicker
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