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SBD/March 3, 2011/FacilitiesPrint All
Green Savoree Racing Promotions yesterday “completed a deal with TrueSports Inc., to take over immediate ownership and operation” of the Mid-Ohio Sports Car Course, which will host the Aug. 7 Honda Indy 200, according to Rob McCurdy of the MANSFIELD NEWS JOURNAL. Terms of the sale were not disclosed. The deal includes the “Lexington road course and The Mid-Ohio School.” GSRP co-owners Kevin Savoree and Kim Green's company already “owns and promotes the Honda Grand Prix of St. Petersburg and the Honda Indy Toronto." They become "just the third owners in the history" of Mid-Ohio Sports Car Course, and this is their “first time owning a permanent facility.” TrueSports Media & Communications Coordinator Jesse Ghiorzi said that it will be “business as planned” at the track in '11. American Honda Motorsports PR Manager T.E. McHale said that Honda “did not act as a broker between Green Savoree Racing Promotions and TrueSports.” Savoree will be President & COO for the new subsidiary Green Savoree Mid-Ohio LLC. Green will be Chair & CEO of the new entity (MANSFIELD NEWS JOURNAL, 3/3). In Toronto, Norris McDonald reported Green and Savoree also “have made inquiries as to the availability” of another race on the IndyCar Series schedule (THESTAR.com, 3/2).
The A's "could move into a new stadium in San Jose three years after getting approval for the move from" MLB, and if the Giants "drop their objections," according to Rob Gloster of BLOOMBERG NEWS. A's Owner Lew Wolff Tuesday said that he is "waiting for permission from MLB to move the franchise 40 miles south to the proposed 32,000-seat Cisco Field." Wolff: "They've had time enough to explore anything. We're getting close to the point [MLB Commissioner Bud Selig] is going to make a decision." The Giants "have territorial rights to Santa Clara County," and Wolff said that Giants President & COO Larry Baer is "against Oakland's move because it will hurt his team." Wolff: "It's so ridiculous to me. This is really a shovel-ready project that is being stopped by a disagreement with the Giants." Wolff said that he "has ruled out Oakland as a future home for the A’s and that 'if we stay in the Bay Area, there really is only one site and that’s in San Jose.'" He added that he "doesn't know what he'd do if MLB rejects the team's move to San Jose, saying 'we don't have a Plan B'" (BLOOMBERG NEWS, 3/2).
HEARD THIS ALL BEFORE: In Oakland, Gary Peterson wrote Wolff's comments continue the "never-ending story," and "frankly, it's losing its charm." There are, however, "two new elements to this year's version." The A's are "coming off their most inspiring offseason in years from a pure baseball standpoint," and San Jose officials are "now far enough along in the professional relationship with Wolff that they might be wondering what kind of business partner this fellow is going to be." Peterson wrote, "Wolff has been, for the time being, outflanked by the Giants. Why do the Giants want to stop the A's from moving to San Jose? Because they can" (OAKLAND TRIBUNE, 3/2).
In Pittsburgh, Mark Belko reports the city's Historic Review Commission yesterday "rejected a bid to nominate" the 49-year-old Civic Arena "as a city historic structure." In a 6-0 vote, the commission "decided that the arena, despite its retractable roof and unique shape, did not meet any of the 10 criteria needed to be designated as a city historic structure." The decision is a "setback for local preservationists, led by architect Rob Pfaffmann, who are trying to save the arena from the wrecking ball" (PITTSBURGH POST-GAZETTE, 3/3).
THANKS, BUT NO THANKS: In St. Paul, Charley Walters reports Twins Owner Jim Pohlad, despite contributing $2M toward a new on-campus baseball field at the Univ. of Minnesota, "insists it not have the Pohlad name attached." The $7.5M project, which still needs $3M to begin construction, "will remain Siebert Field" (ST. PAUL PIONEER PRESS, 3/3).
ADDING IT ALL UP: Construction costs for the MLS Dynamo's new stadium are expected to total $77M, which will be financed in part by equity from the club's ownership group, a Tax Increment Reinvestment Zone jointly funded by the City of Houston and Harris County, and Texas Southern Univ. The remainder will be covered by a $33M construction loan, 21% of which is financed by Green Bank (Green Bank).