Minority Investor Coming For Penguins? First One Daytona Tenant Opens Maine Basketball Making Statement On HB2 NFL Taps Paul Clement To Argue Case Fox Rolling Out New Broadcast Elements Voke Producing VR NFL Highlights Sources: Chargers Expected To Move To L.A. In '17 Monster Energy To Title Top NASCAR Series LA 2024 Betting On Historic Sponsorship Sales S&E Sponsorship Group Acquired By Dentsu Aegis
SBD/Issue 1/Events & AttractionsPrint All
LOCAL REAX: In San Jose, Mark Purdy writes if Champ Car and Listwin "had wanted the [race] to continue, it would have." Listwin and the Canary Foundation "grew tired of losing tons of money over the past three years, even with city subsidy." Champ Car has "never found a big-name sponsor" for the event, and this season the circuit canceled races in China and Phoenix "largely because there was a shortage of community or corporate support" (SAN JOSE MERCURY NEWS, 9/12). A MERCURY NEWS editorial states "events looking for subsidies have to prove their worth to taxpayers. ... Some events do pay their own way" (SAN JOSE MERCURY NEWS, 9/12).
LONELY BEACH: In Long Beach, Bob Keisser writes while the Long Beach Grand Prix (LBGP) "has a stronger constitution than others," Champ Car is "once again beset by problems and gaffes, operated by directors who seemingly can't read a map." The Las Vegas race, run by the same people who canceled the Phoenix race, "is in doubt for 2008," and Sebastian Bourdais, the Frenchman who has won six of 12 races this season, is headed to F1 next year, "taking away the circuit's most successful name." Grand Prix Association CEO Jim Michaelian said of the LBGP, "We can operate in a semi-autonomous vacuum." But he added, "We want Champ Car to have a strong North American presence, and we want a schedule where there aren't so many bloody long periods without races. And we want American drivers and American teams that we can promote. We're in a renewal phase with ticket holders, and they ask these kind of questions" (Long Beach PRESS TELEGRAM, 9/12).