There are a lot of details yet to hammer out, and as of Friday (Feb 22) we still don't have a deal to create one North American open wheel series. The Indy Star reports that Champ Car's Kevin Kalkhoven has left Indianapolis and meetings with IRL's Tony George without a merger agreement. Officials from both sides continue to work on the many details before they can make an announcement. Tony George says he wants to make sure there is as much good news as possible to report at the press conference whenever it is scheduled. However, both sides are still working out what to do with certain Champ Car race dates. There are a of number financial and legal issues to finalize according to reports. (And one no one has said what will happen with Champ Car engine supplier Cosworth, which is owned by Champ Car owner Kalkhoven.)
More updates to come.
Champ Car leader leaves Indy without deal
http://www.indystar.com/apps/pbcs.dll/article?AID=/20080222/SPORTS0107/802220517