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Report: GP Association of Long Beach ‘most qualified’ firm to run race

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Not for the first time, the future of the Toyota Grand Prix of Long Beach was in the news earlier this year, and the question of whether Formula 1 could re-enter running the race it did from 1976 to 1983, or whether North American open-wheel racing, in INDYCAR, would keep it up.

The city of Long Beach decided to conduct a study using accounting firm KPMG, and paid the firm $150,000 to evaluate whether existing race operators the Grand Prix Association of Long Beach, led by Jim Michaelian, or Chris Pook’s World Automobile Championship, would be best to run the race. Pook founded the event in the 1970s but has in recent years, harbored the return of F1 and suggested it would be a more viable economic prospect.

Per the Long Beach Press-Telegram, the study has now concluded following proposals and interviews from both camps. In a memo obtained by the Press-Telegram, the report indicated the existing GPALB “as the most qualified firm to promote and operate the Long Beach Grand Prix race.”

Michaelian told the Press-Telegram this was an “first but important step” in the process for the race to build a new contract with a city; the existing contract runs through 2018.

Hulman & Co. CEO Mark Miles, in a statement released to the Sports Business Journal, appreciated the recommendation: that statement is below.

This appears to be a key step towards INDYCAR, the Grand Prix Association of Long Beach and the city of Long Beach all working towards an agreement that will keep INDYCAR racing at its most successful, longest running, and marquee street course event on the calendar.

Racing world reacts to Danica Patrick’s Daytona, Indy double news

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Here’s a sampling of quotes and social media reaction to Danica Patrick’s news announced earlier Friday that this would be her last full-time season as a driver, and that she’ll race in the Daytona 500 and Indianapolis 500 only in 2018.

This ends a full-time stretch in the top flights of NASCAR and IndyCar. She was in NASCAR from 2012 through 2017, and IndyCar from 2005 through 2011.

Her’s her own post on Twitter and Instagram.

Well…. 2018 Daytona 500 and Indy 500 here I come. 🙌🏼

A post shared by Danica Patrick (@danicapatrick) on

IMS President J. Douglas Boles

“We’re glad Danica plans to return to the Indianapolis 500 presented by PennGrade Motor Oil next May,” IMS President J. Douglas Boles said. “Her final career start will make what’s already shaping up to be a terrific Month of May even more interesting for our fans.

“It’s also fitting that Danica is wrapping up her career at the place and in the race where she became a household name and captured the world’s attention in 2005 – the Indianapolis Motor Speedway and the Indianapolis 500. We’re looking forward to seeing her back in an Indy car next May alongside all of the tremendous drivers of the Verizon IndyCar Series.”

NASCAR

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