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Open Wheel Racing Series to Acquire Championship Auto Racing Teams

Championship Auto Racing Teams, Inc. (NYSE:MPH) and Open Wheel Racing Series LLC today announced they have signed a definitive agreement providing for Open Wheel Racing Series to acquire Championship for cash equivalent to $0.56 per share, based on the number of shares of Championship common stock currently outstanding. Read More »

Pruett Holds off Said for MotoRock Mile High 100 Victory

Scott Pruett proved his lack of experience at Denver didn’t matter, as the he simply dominated Sunday’s MotoRock Mile 100, part of the Centrix Financial Grand Prix of Denver, and recorded his seventh victory in nine MotoRock Trans-Am Tour for the BFGoodrich Tires Cup starts this season. Read More »