CHAMPCAR/CART: IRL: Indy Racing League statement on unification talks

Champ Car World Series and Indy Racing League Conclude Discussions INDIANAPOLIS, July 16, 2004 - Following on the initiative of Roger Penske to explore a unification of open wheel racing, ownership representatives of Champ Car World Series and...

Champ Car World Series and Indy Racing League Conclude Discussions

INDIANAPOLIS, July 16, 2004 - Following on the initiative of Roger Penske to explore a unification of open wheel racing, ownership representatives of Champ Car World Series and the Indy Racing League have met with Mr. Penske to consider the issues.

While ownership representatives from both series agree that one open wheel series is the optimal situation, it is the belief of all involved that the time is not right for further discussion of unification. Both parties appreciate the efforts of Mr. Penske, and both parties believe that each has a better understanding of where common ground exists. No more meetings are planned and both series are moving forward with their future plans.

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Series IndyCar