Zak Brown’s marketing company up for sale

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Just Marketing Inc., the global motorsports marketing company that was founded by current INDYCAR CEO candidate Zak Brown, is now up for sale.

According to Jenna Fryer of the Associated Press, Brown informed the JMI staff that Spire Capital Partners is trying to sell its 60 percent stake in the company. As for any possible connections to a potential jump to INDYCAR by Brown, a copy of the memo obtained by the AP states that any sale is “completely unrelated” to that scenario.

“There is no immediate timeline in place for a transaction to occur and no guarantee that one will occur in the near future,” wrote Brown, who still owns a 20 percent stake in JMI (the other 20 percent is with the WPP advertising agency).

“JMI’s leadership and employees continue to be focused on providing excellent service to our clients and continue to grow our business.”

During the Honda Grand Prix of St. Petersburg weekend, Brown was acknowledged by Hulman & Co. CEO Mark Miles as a candidate to replace Randy Bernard as IndyCar’s top dog. Right now, Indianapolis Motor Speedway president and CEO Jeff Belskus is handling that job on an interim basis.

“I have a lot of passion for IndyCar and I’m getting to know Mark,” Brown told the AP in an e-mail about the situation. “We are exploring to see if there’s a way to work together. It’s a great product and I’m positive I could contribute to its growth and success.”

Sergio Perez wins rain-delayed race in Singapore over Leclerc; Verstappen seventh

Sergio Perez Singapore
Clive Rose/Getty Images,
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SINGAPORE — Max Verstappen’s Formula One title celebrations were put on hold after the Red Bull driver placed seventh at a chaotic Singapore Grand Prix, won by his teammate Sergio Perez on Sunday.

Perez’s second win of the season saw him finish 7.6 seconds ahead of Ferrari’s Charles Leclerc, with Leclerc’s teammate Carlos Sainz Jr. in third place.

Perez was investigated for a potential safety car infringement but still kept the win after a 5-second time penalty for dropping too far back after being warned.

Verstappen had won the past five races but needed to win here and finish 22 points ahead of Leclerc to be crowned champion for a second straight season. That could happen next weekend at the Japanese GP.

Verstappen made a mistake after the second safety car restart, following AlphaTauri driver Yuki Tsunoda’s crash on Lap 36. When Verstappen tried to overtake Lando Norris’ McLaren, he locked his tires and needed to pit again.

Leclerc started from pole position with Verstappen going from eighth after a team blunder in qualifying.

The race start was delayed by more than an hour to clear water off the Marina Bay Circuit track following heavy rainfall. Drivers had to finish the 61-lap race within a two-hour window; 59 laps were completed.

Tricky conditions saw the virtual safety car deployed three times and DRS was allowed with about 30 minutes remaining.

Perez made a good start and jumped past Leclerc while Verstappen dropped several places. The first safety car was on Lap 8 when Zhou Guanyu’s Alfa Romeo was cut off by Nicholas Latifi’s Williams.

Perez got away cleanly at the restart, while Verstappen climbed into seventh behind Fernando Alonso – whose 350th F1 race ended disappointingly when his engine failed on Lap 21, bringing out the first VSC.

With the track still damp, drivers decided against changing to quicker tires – apart from Mercedes’ George Russell, who struggled for grip.

Hamilton made a rare mistake on Lap 33 and thudded into the crash barrier. Soon after, the leading drivers changed tires in a flurry of stops. They did so just before the safety car was deployed again following Tsunoda’s error.

Verstappen overtook Sebastian Vettel’s Aston Martin right at the end for seventh place.