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Anthony, Hemelgarn, Chesson matchup dissolved

Updated: July 8, 2006, 2:20 PM ET
By John Helyar | ESPN.com

Carmelo Anthony's ownership stake in an Indy Racing League team, announced with great fanfare in March, has been quietly dissolved.

Both the NBA star's agent and the team's principal owner, IRL veteran Ron Hemelgarn, acknowledge the short-lived deal is dead.

The team's signature "Car Melo" entry last ran in the Indianapolis 500, when driver P.J. Chesson crashed with another Hemelgarn car on the second lap, eliminating both vehicles. The "Car Melo" has missed the four ...

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