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After successful merger negotiations, in mid-February 2008, Champ Car authorized bankruptcy to facilitate a February 22 agreement in principle to merge with the IRL. [3] The IRL purchased the CCWS's sanctioning contracts, the Champ Car Mobile Medical Unit, the series history, and goodwill for $6 million, with Forsythe and Kalkhoven signing a ...
[5] [6] The CCWS and the IRL merged in February 2008 to unify American open-wheel car racing and the merged body has run the sport under the IndyCar Series name since then. [ 7 ] [ 8 ] The season consists of a series of races held variously on permanent road courses , closed city streets and oval tracks , usually in the United States and in a ...
The IRL was designed only to run on oval tracks, in order to promote American drivers from the midget and sprint car ranks to graduate to IndyCar racing, the same way that IndyCar legends A.J. Foyt, Mario Andretti, Johnny Rutherford, and the Unsers (Al Unser, Sr. and Bobby Unser) had in the 1960s.
CART resurrected the Cup in 1996 as the winner's trophy for the US500 race. When that race was discontinued in 2000, the Cup changed roles and became the championship trophy. Champ Car retained the rights to use the trophy after CART's bankruptcy, but use of the trophy was discontinued after Champ Car's merger with the Indy Racing League.
The 2002 Indy Racing League (IRL) was one of transition, with two reigning CART championship teams, Team Penske and Target Chip Ganassi Racing, joining the series with full time entries. The Oldsmobile engine was rebranded as a Chevrolet , and both Honda and Toyota announced their participation in the series starting in 2003 while Infiniti ...
This is a list of circuits which hosted CART/Champ Car racing from 1979 to 2007. Champ Car events were held on 54 different circuits. Phoenix International Raceway hosted the inaugural CART Series race, the 1979 Arizona Republic / Jimmy Bryan 150, and Autódromo Hermanos Rodríguez held the final Champ Car race, the 2007 Gran Premio Tecate.
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Gerald (Jerry) R. Forsythe (born in Marshall, Illinois in 1942) is an American businessman and auto racing magnate, best known for being one of the three men (Kevin Kalkhoven and Paul Gentilozzi are the other two) that owned the Champ Car World Series. Forsythe also owned a racing team, Forsythe Championship Racing, that competed in the Champ ...
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