Two years have now passed since the historic ruling of Federal Bankruptcy Court Judge Frank J. Otte, which awarded the assets of Championship Auto Racing Teams to Open Wheel Racing Series LLC (OWRS) owners Gerald Forsythe, Kevin Kalkhoven and Paul Gentilozzi. source: paddocktalk.com As Champ Car continues to forge ahead, we celebrate the second anniversary of this ruling by highlighting the significant developments in the series in 2005. January 28, 2004 CART assets awarded to Open Wheel Racing Series LLC (OWRS) owners Gerald Forsythe, Kevin Kalkhoven and Paul Gentilozzi by a federal bankruptcy judge. February 1, 2005 2002 Champ Car titlist Cristiano da Matta signs with PKV Racing, returning to the Champ Car paddock after two seasons in Formula 1. Da Matta becomes the fourth former champion to compete during the 2005 season. February 23, 2005 Bridgestone expands its marketing relationship with Champ Car signing on again as a series presenting sponsor and creating the $10,000 Bridgestone Pole Award at each Champ Car World Series event. March 16, 2005 Champ Car announces its return to network television in the United States as CBS, NBC and SPEED are signed to broadcast Champ Car events. April 5, 2005 Ford and Champ Car announce a multi-year agreement for the American automaker to continue as a presenting sponsor of the Champ Car World Series. The agreement also includes provisions for increased support of the Champ Car Fast Lap program.
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