slowly moving over to the IRL from 2001 to 2003. CART declared bankruptcy in the 2003 off season. George made a bid for certain assets of the company, while a trio of CART owners (Gerald Forsythe, Paul Gentilozzi, and Kevin Kalkhoven), along with Dan Pettit, also made a bid, calling their group the Open Wheel Racing Series (OWRS). George's offer was to purchase only select company assets, in an effort to eliminate any series that would rival his Indy Racing League. However, if George's bid (which was actually higher than the OWRS bid) had been successful, many vendors that were still owed money by CART would have not been paid. Therefore, a judge ruled that the OWRS group should be the purchaser of CART, which ensured a 25th anniversary season in 2004, running as Champ Car. Open Wheel Racing Series. (OWRS) would later change its name to Champ Car World Series (CCWS) LLC. Prior to 2003 the IRL was unable to use the term "IndyCar" since that was licensed to CART. In 1992, The Speedway trademarked the term "IndyCar" which had been widely used by CART in championship branding and promotion. The Speedway then leased the term to CART through 1997. With the inception of the IRL, a lawsuit, and a six-year non-use agreement, formal use of the term disappeared. Widespread confusion ensued with CART still competing at "Indy" branded events in Canada and Australia, and both CART/Champ Car and IRL cars being popularly referred to as "IndyCars". In 2003 the non-use agreement expired and the IRL was able to adopt the recognized IndyCar moniker once again, thereafter becoming the IRL IndyCar Series. Road courses entered the IRL schedule in 2005. Adding road courses added significant costs to the increasingly expensive league, because modifications to the chassis and engines (which were initially designed solely for the stresses of oval racing) would be required. This caused much criticism of George, and debate amongst fans, some of whom argued it went against what the IRL was founded. The fans opined that oval racing was more exciting than road and street racing, better represented the heritage of open-wheel, paid homage to the Indianapolis 500, was more cost effective and better allotted American drivers with the opportunity of success in open-wheel racing. The other side of the debate argued it was best for the IRL to adopt more road racing, and become similar to