In the continuing saga of the Champ Car World Series the latest word is that CCWS plans to file bankruptcy within the next 24-48 hours.
When ask about this development, Steve Johnson, president of Champ Car, only responded that he was not aware of that and that rumours had been in the air for months.
One sign that could sustain that rumour is that Pat Caporali, hired a few weeks ago as CC's new director of public relations, reported for her first day of work on Monday. But she was informed it might be a good idea to try and get her old position back with Chip Ganassi because there would be no work for her.
Other employees were reportedly told to cease working on 2008 projects and some began cleaning out their desks.
It's not known whether a bankruptcy proceeding was part of the plan to have the Indy Racing League assume control of open wheel.
When ask about this development, Steve Johnson, president of Champ Car, only responded that he was not aware of that and that rumours had been in the air for months.
One sign that could sustain that rumour is that Pat Caporali, hired a few weeks ago as CC's new director of public relations, reported for her first day of work on Monday. But she was informed it might be a good idea to try and get her old position back with Chip Ganassi because there would be no work for her.
Other employees were reportedly told to cease working on 2008 projects and some began cleaning out their desks.
It's not known whether a bankruptcy proceeding was part of the plan to have the Indy Racing League assume control of open wheel.