This article quotes SPEEDTV.com as saying, "... there are indications that Champ Car is preparing to file for bankruptcy within the next 24-48 hours. It's uncertain if this is part of the unification process with the IRL."
In other IRL / Champ Car merger / takeover news, there are optimistic signs coming out of Japan that representatives of the IRL race at Motegi might be willing to move off their date, thereby eliminating the conflict with the Champ Car Long Beach weekend.
Click here for a list of Google news sites tracking this story.
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