Long Beach would require $9m in upgrades to host F1

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Long Beach Grand Prix promoter Chris Pook has estimated that it will cost $9.2m to upgrade the circuit if it is to host Formula 1 in the next few years, as he continues his crusade to bring the sport back to California.

Following the success of the revived United States Grand Prix at the newly-built Circuit of the Americas, plans have been made for a second race to be held at Port Imperial in New Jersey. However, with the project now twice postponed, other options in North America are being considered, and Pook is keen on bringing Formula 1 back to Long Beach.

“We just want the opportunity to state our case, to be considered,” he explained to the Orange County Register. “We just want them to take a look at what we bring to the table. That’s all we’re asking.”

Formula 1 last graced Long Beach back in 1983, and the race has since made up part of the IndyCar schedule. In order to host F1 again, though, some upgrades will be required such as extending the circuit in places. However, Pook says that original estimates are way off the mark, with the price being closer to $9m to complete the work.

“People have been saying it would cost $100 million,” he said. “That number has just stuck in people’s minds. It’s not even close to that.

“The net tax gain for Austin in 2013 was $4.9 million, and the net gain for Texas was $17.2 million. The value of F1 is that it provides new money. F1 racing draws a worldwide audience. You would be tapping into new consumers.

“F1 wants to be in Southern California by 2016,” Pook added. “I’m conflicted, because I want to see it here. It’s where we started and it’s a big piece of history.”

Quite whether Formula 1’s possible return to Long Beach comes to fruition remains to be seen, but Bernie Ecclestone confirmed that he had approached the city when the tender for the race was opened up.

If an agreement is reached, then it could be a more viable option than the Grand Prix of America in New Jersey, but should the latter also kick into gear and finally go ahead, we may have three races in the United States on the F1 calendar by 2016.

IndyCar’s Vasser-Sullivan expand into IMSA for 2019

James Sullivan and Jimmy Vasser. Photo IndyCar
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Not even one year after returning to the IndyCar ranks, Vasser-Sullivan Racing is taking AIM at the IMSA world, you might say.

While team co-owners Jimmy Vasser and James “Sulli” Sullivan will continue to partner with Dale Coyne Racing on the IndyCar side, they expanded their holdings Tuesday, announcing a partnership with AIM Autosport to campaign a new two-car Lexus-backed RC F GT3 effort in IMSA’s GT Daytona class.

The new team – named AIM Vasser-Sullivan – will replace 3GT Racing, which was part of Lexus’ sports car program launch in 2016. It will announce its two drivers in the coming weeks, the team said.

“Sulli and I are excited and looking forward to entering a new chapter in our racing careers,” Vasser said in a media release. “I have driven sports cars before, but my career was pretty much limited to the 24 Hours of Daytona, including a ‘class’ win in 1992 and second overall in 2008.

“The AIM Vasser Sullivan team, with the support of Lexus and our sponsors, has the tools to get the job done and we are looking forward to this new challenge.”

Lexus has made significant progress in its first two seasons in IMSA WeatherTech SportsCar Championship competition, having earned a combined two race wins, five poles and finished third in the 2018 GTD Manufacturer point standings.

Vasser and Sullivan were part of the ownership group of KVSH Racing in IndyCar from 2011 through 2016 before the organization folded.

They also owned Tony Kanaan’s 2013 Indianapolis 500-winning car.

After sitting out the 2017 season, Vasser, a former CART champion, and Sullivan rejoined forces this past February, just before the start of the 2018 IndyCar season, partnering with Coyne to form a satellite team led by driver Sebastien Bourdais, who previously drove for KVSH.

Bourdais kicked off the new team’s effort with a win in the season-opening Grand Prix of St. Petersburg. He finished seventh in the overall season standings.

AIM Vasser Sullivan will have two home bases for its IMSA program: AIM’s current facility in Woodbridge, Ontario, Canada, as well as a new U.S. shop in Charlotte, North Carolina.

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