The new contract for the Baltimore Grand Prix "calls for keeping the race's finances private, but race organizers say City Hall could choose to reveal that information," according to Luke Broadwater of the Baltimore SUN. Indianapolis-based Dillon Construction Group Owner and Downforce Racing Partner Dale Dillon said that the company "plans to keep financial details private." The company is "required to file monthly financial reports with the city." Ryan O'Doherty, a spokesperson for Baltimore Mayor Stephanie Rawlings-Blake, said that the city would "follow Maryland public information law in releasing the documents." O'Doherty wrote in an e-mail, "All Grand Prix financial documents that are in the city's possession and that are neither privileged nor proprietary in nature are, of course, public information and will be made available upon request, in full accordance with the Maryland Public Information Act." Company documents indicated that last year's race organizer, Baltimore Racing Development, "accumulated at least" $12M in debt, "including more than" $1.5M in city taxes and fees. Starting "no later than" April 15, the contract for this year's race "requires Downforce Racing to deliver monthly financial reports to the city, including all income and expenses, such as ticket sales and sponsorships, and a current performance report" (Baltimore SUN, 2/21).
