CHAMP CAR WORLD SERIES ANNOUNCES IT HAS BECOME THE PRESENTING SPONSOR OF THE X PRIZE "NEW RACE TO SPACE."

A race for the stars is going on and the Champ Car World Series has just become a key part of it. The open-wheel racing series announced today that it would become the presenting sponsor of the X PRIZE Competition, an international race offering $10 million to the first privately funded group to fly a manned spaceship. Read more.