Racer's Pursuit Of Vintage Porsche Stalls In 7th Circ.

Law360, New York (April 15, 2010, 1:17 PM EDT) -- A federal appeals court has upheld a lower court's ruling that the Indianapolis Motor Speedway Hall of Fame Museum owns a vintage Porsche race car that the car's former driver claimed he gave to the museum as a loan through a handshake agreement.

The U.S. Court of Appeals for the Seventh Circuit ruled Tuesday that since there was no written documentation of whether Don Whittington turned over the 1979 Kremer Racing Porsche 935 K3 as a loan or a gift, Indiana law sided with the Indianapolis...
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