Champ Car reportedly bankrupt. Again.

Posted by Iannucci | 2/12/2008 | 8 comments »
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It's 2004 all over again. Hopefully without the court proceedings.

Tony George was still optimistic about a plan to unify open wheel racing for 2008 following his trip to Japan to try and reschedule the race at Motegi to accommodate Long Beach.

But, by the time George returns to Indianapolis, there might only be one series standing anyway.

The word on the street late Monday was that Champ Car plans to file bankruptcy within the next 24-48 hours which, effectively, will end the 12-year war in open wheel.

(MORE from SpeedTV)
Robin says Kevin Kalkhoven is "adamant" Long Beach be on the schedule if any "merger" is to be arrived at. That's probably because that's the last bargaining chip Kalkhoven has at this point, and with all the collectors mentioned in the article he wants to cash in whatever chip he can find.

"Tony, throw me a freakin' bone here."

Robin also notes that on her first day of work the new Champ Car Media Relations Director was basically sent home. Who do they think they are to dare treat the blogger-friendly PR maven Pat Caporali so cruely!

8 comments

  1. Fred Hurley // February 12, 2008 9:23 AM  

    I don't know if anybody watches "The Boondocks" on Cartoon Network, but there's a scene where a rap-star character gets shot, and the conversation seems to apply. "We interupt this program with a breaking new buletin. The Champ Car World Series has been shot."

    "Again?"

    "Again."

    Yeesh.

  2. Anonymous // February 12, 2008 9:30 AM  

    Awesome show...

  3. Anonymous // February 12, 2008 10:47 AM  

    "RUN FOR YOUR LIVES! IT'S THE CHAMPOCALYPSE!!!!!!!!!!!"

  4. Fred Hurley // February 12, 2008 10:56 AM  

    Come on! I just want a final announcement! Daytona's this weekend! Let's steal some small, almost-meaningless bit of thunder!

    COME ON! DAMMIT!!!

    *breathing*

    OK, sorry. I'm back now.

  5. Anonymous // February 12, 2008 4:15 PM  

    It's too quiet. 6:15PM EST and no breaking news...

    ** waiting **

  6. Fred Hurley // February 12, 2008 4:45 PM  

    Ever get the feeling that the racing gods are screwing with you? If this is actually gonna happen, then let's be on with it!

  7. Anonymous // February 12, 2008 4:49 PM  

    Today I feel that way---like an expectant father in the waiting room...waiting to hand out cigars.

  8. Anonymous // February 12, 2008 7:55 PM  

    At this point, CCWS can pretty much kiss Walker goodbye, per an article in the Indy Star.