"Merger", "unification", "acquisition", "amalgamation"..."blend"?
A deal that would unify America's two open-wheel racing series entered the final stages Thursday."You say tomato, I say to-mah-to, you say..." Wait, I just remembered that line ends with "let's call the whole thing off."
Rather than a merger, talks have centered on a proposal in which some teams from the Champ Car World Series would blend into the Indy Racing League's IndyCar Series.
With the deal apparently nearing completion, it appeared Wednesday between six and 10 cars from the Champ Car side would take the offer from George of a free Honda engine lease program, free Dallara chassis and $1.2 million in team incentives.
Several Champ Car teams are not expected to take George's offer because, even with the engines, cars and incentives, it would take an additional $2 million or more to compete in the IRL. The teams that don't have the sponsorship or backing to continue will either close down or move to sports car racing, which is less costly.
(MORE from the Associated Press)
TRANSLATION: The article above also mentions this:
"There are four issues they will try to hammer out by the end of the night," IRL spokesman Fred Nation said. He did not identify the issues.
Oh, we can "identify the issues", Fred. Kevin Kalkhoven, Gerry Forsythe, Paul Gentilozzi and Dan Pettit. And Tony George brings his hammer to work every day.