Is new Champ Car oval-track ready?

There have been a lot of rumors and speculation out on the internet and within the IRL that the new Panoz Champ Car is not suitable for ovals. The 'fact' is that it is suitable for all ovals. We contacted Champ Car to confirm this and a spokesperson told AutoRacing1.com, "Why would we not design it for ovals. These rumors are totally false. In fact the new Champ Car exceeds all FIA and IRL requirements for safety." Mark C.