Great News for Open-Wheel Race Fans!!!
Indy Racing League founder and CEO Tony George and owners of the Champ Car World Series have completed an agreement in principle that will unify major American open-wheel racing for 2008.
Gerald Forsythe, co-owner of Champ Car, signed an agreement in principle Feb. 22 in Chicago, joining his partner, Kevin Kalkhoven. George signed the agreement Feb. 21.
A news conference regarding unification and ancillary questions was held Feb. 27. It was shown live on indycar.com, ESPN News and SPEED. (Read about it here.)
"I'm happy for open-wheel racing, its fans, sponsors and teams," George said.
