The Indy Racing League and the Champ Car World Series jointly issued the following statement last night, in response to news reports indicating that they are close to completing a merger deal.

“The ongoing talks between the Indy Racing League and Champ Car World Series will continue into at least Friday in regards to the unification of open-wheel racing. Any confirmation of unification will be made once an agreement is in place. There are no plans for a news conference at this time. Much progress has been made toward unifying the sport.”