“Respected American Journalist” Robin Miller says that CHAMP car is expected to file for bankruptcy in the next 24-48 hours.
Having said that, this all could be in preparation for the merger as dissolving one series and claiming insolvency would eliminate some of the larger tax implications of a limited asset acquisition or outright purchase of CHAMP by Tony George of the IRL series. Read the story here.
"You can't take F1 to America, you have to take America to F1."
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