Yeah, seems like Champ Car was so far in debt that even after the gigantic buyout Tony George gave Champ Car to merge Champ Car and IRL, they still owe a gigantic sum of money to multiple creditors.
Yeah, Champ Car is done. I saw the movie "Driven" over the weekend. It kinda made me depressed because that is the last place I will be able to turn on the TV and hear the glorious growl of those Cosworth V8's. Goodbye Champ Car, it was fun while it lasted!