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Attention Race Fans: Champ Car World Series Goes Up for Auction

After years of two competing open wheel champ car racing series in the U.S., only one Indy-type series remains standing: the Indy Racing League. The assets of Champ Car World Series, LLC, which filed bankruptcy earlier this year, will sell to the highest bidders at auction early next month.

Gallivan Auctioneers, of Speedway, Ind., have been approved by the U.S. Bankruptcy Court to liquidate all remaining assets of Champ Car. The sale will include pace cars, race car transporters, race cars, shop equipment, scoring and timing equipment, memorabilia and more.

This auction promises to attract interest from race teams, racing organizations and enthusiasts across the U.S. and around the globe. It will be conducted on-site, plus feature a live online webcast of the sale, allowing bidders to bid online, in real time, from anywhere in the world.

The auction will be held at the Champ Car headquarters, 5350 W. Lakeview Parkway, South Drive, Indianapolis, Indiana 46268 on Tuesday, June 3 at 10 a.m. EDT.

Several Champ Car teams have already joined the Indy Racing League, promising to increase competition and bring more excitement to open wheel racing. Champ Car World Series, LLC was formerly known as CART and CART/PPG SERIES.

For more information, visit http://www.njgallivan.com.

Published May 13 2008, 11:37 AM by bbaker
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About the Authors

Dave Wooldridge, Publisher

Dave has spent nearly 25 years reporting on and working with engine builders and their parts and equipment suppliers to promote and enhance the engine rebuilding aftermarket.

Doug Kaufman, Editor

For the past 20 years, Doug Kaufman has covered the various segments of the
automotive aftermarket. Those years have taught him something: you need help
to cover an industry. Get too close to it and you lose track of the big
picture...stay too removed and you miss the detail.

Brendan Baker, Senior Editor

Brendan Baker has spent the better part of 24 years in the automotive aftermarket and racing industry. He has spent the last 11 years in publishing and has been the Managing Editor of Engine Builder magazine for the past five years until recently being named Senior Editor.