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.

INDIANAPOLIS — 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.