CHAMP CAR, INDY RACING LEAGUE SIGN AGREEMENT TO UNIFY OPEN WHEEL RACING

Owners of Champ Car and the Indy Racing League completed an agreement in principle Friday that will unify the sport for 2008.

Gerald Forsythe, co-owner of Champ Car, signed an agreement in principle in Chicago, joining his partner Kevin Kalkhoven and Indy Racing League founder and CEO Tony George who had signed late Thursday in Indianapolis.

Details of a press conference about the agreement will be forthcoming.