Video: Phoenix race promoter talks about cancellation

After two years of planning and failure to receive enough corporate support, Phoenix has canceled its upcoming Champ Car race scheduled for Dec. 2, 2007. Event organizer Dale Jensen says that although many partnerships were established, there were not enough to economically sustain the Grand Prix of Arizona. However, Jensen says this decision will not affect the Vegas Grand Prix, the first race in the 2008 Champ Car World Series. The next race in the 2007 Series, the Bavaria Champ Car Grand Prix, will be held in The Netherlands beginning Aug. 31 through Sept. 2.