Champ Car World Series

The Champ Car World Series merged operations with the Indy Racing League (IRL) under the Indy Car Series name effective for the 2008 season. The owners of the Champ Car World Series filed for Chapter 11 bankruptcy on March 5, 2008. The Champ Car was formed in 2004 after team owners Kevin Kalkhoven, Paul Gentilozzi and Gerald Forsythe bought the assets of Championship Auto Racing Teams (CART) after it had filed for bankruptcy. Champ Car World Series Champions Champ Car World Series by Year CART-Champ Car History

Champ Car World Series

The Champ Car World Series merged operations with the Indy Racing League (IRL) under the Indy Car Series name effective for the 2008 season. The owners of the Champ Car World Series filed for Chapter 11 bankruptcy on March 5, 2008. The Champ Car was formed in 2004 after team owners Kevin Kalkhoven, Paul Gentilozzi and Gerald Forsythe bought the assets of Championship Auto Racing Teams (CART) after it had filed for bankruptcy. Champ Car World Series Champions Champ Car World Seies by Year CART-Champ Car History Champ Car World Series Champ Car World Series The Champ Car World Series (CCWS) was originally the Championship Auto Racing Teams - CART which started operations in 1979. It had been known as the CART PPG IndyCar World Series, the CART FedEx Championship Series, and, in the organization's final year, (2003) the Bridgestone Presents The Champ Car World Series Powered By Ford. After the 2003 season CART's shares had plummeted and it declared bankruptcy. The assets of CART were to be liquidated. Tony George (IRL) made a bid for certain assets of the company, while a trio of CART owners (Gerald Forsythe, Paul Gentilozzi, and Kevin Kalkhoven), along with Dan Pettit, calling their group the Open Wheel Racing Series (OWRS), also made a bid. The bankruptcy judge ruled that the OWRS group should be the purchaser of the CART assets. Beginning in 2003 the series began to promote itself as Bridgestone Presents The Champ Car World Series Powered by Ford. Under the new owners the series name was retained until the end of the 2006 season when Ford removed it's sponsorship. In 2007, with the withdrawal of Bridgestone and Ford Motor Company as presenting sponsors, the official name of the top-tier series promoted by Champ Car became simply the Champ Car World Series. Continuing financial difficulties caused CCWS to file for bankruptcy before its planned 2008 season; its assets being merged into the IRL's IndyCar Series.