Letter of intent to protect taxpayers from Boston Grand Prix costs

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Boston-area taxpayers that fear they may get stuck paying for part of next September’s Grand Prix of Boston can rest a bit easier.

Grand Prix organizers, along with several Massachusetts state agencies and officials from the city of Boston on Friday signed a joint letter of intent that “outlines several taxpayer protections and agreements that all parties intend to negotiate over the next several months,” according to IndyCarBoston.com.

“We’re committed to bringing this world-class event to Boston,” Grand Prix of Boston CFO John Casey said in a media release. “And while we haven’t reached the finish line of the planning process just yet, we will continue to work in partnership with all of the stakeholders involved to host an event that works for residents, business and visitors alike.”

The agreements provide protection on a number of fronts for the Sept. 2-4 event including:

* All costs associated with the event will not include taxpayer monies.

* The Seaport area, which is where a significant part of the street race will be contested upon, will be returned to its pre-event condition.

* Provide regular opportunities for public input over the next eight-plus months to assure any public concerns are dealt with in a timely manner.

Among the state agencies that signed off on the letter of intent were the Massachusetts Department of Transportation, Massachusetts Bay Transportation Authority, Massachusetts Convention Center Authority and the Massachusetts Port Authority.

The letter of intent is essentially an agreement that each party will live up to its obligations as part of hosting the inaugural IndyCar race, but also to serve as a check-off that all other parties are doing the same.

The agencies, the city and race organizers are currently working on developing detailed plans covering areas such as security, traffic and other elements to make the event run as smooth as possible, and with as little distraction or inconvenience, particularly to area residents around the track layout, as well.

“I am pleased that the City of Boston, Grand Prix and our other administration have made progress on the project and provided protections for taxpayers, Boston residents and our state,” Massachusetts Gov. Charlie Barker said in a statement.

Added Boston Mayor Martin J. Walsh, “This agreement is a tangible step forward for the event and will protect our taxpayers, ensure that there is a strong community process and provide the highest level of cooperation among all the agencies involved.”

Click here to see a full version of the letter of intent.

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Peacock to stream all Supercross and Motocross races in 2023, plus inaugural SuperMotocross Championship

Peacock Supercross Motocross 2023
Feld Entertainment, Inc.

NBC Sports and Feld Motor Sports announced that Peacock and the NBC family of networks will stream all 31 races of the combined Monster Energy Supercross, Lucas Oil Pro Motocross and the newly created SuperMotocross World Championship beginning January 7, 2023 at Angel Stadium in Anaheim, California and ending October 14 in the place where Supercross was born: the Los Angeles Coliseum.

The combined series will create a 10-month calendar of events, making it one of the longest professional sports’ seasons in the United States.

The agreement is for multiple years. The season finale will air live on Peacock and the USA Network.

Peacock will present live coverage of all races, qualifying and heats across both series. The 31 total races will mark a record for the combined number of Supercross and Pro Motocross events that NBC Sports will present in a single season.

NBC, USA Network and CNBC will provide coverage of all races, including the SuperMotocross World Championship Playoffs and Final, through 2023 and beyond. For more information about the Peacock streaming service, click here.

“With our wide array of live and original motorsports offerings, Peacock is a natural home for Supercross and Pro Motocross races,” said Rick Cordella, Chief Commercial Officer, Peacock. “We’re looking forward to providing fans with an easily-accessible destination to find every race all season long, including the exciting finish with the newly formed SuperMotocross World Championship.”

MORE: A conversation about media rights created the new SuperMotocross World Championship Series

The NBC family of networks has been home to Supercross for the past several seasons and this is a continuation of that relationship. The media rights for both series expired at the end of 2022, which allowed Supercross and Motocross to combine their efforts.

In fact, it was that conversation that led to the formation of the SuperMotocross World Championship (SMX).

The SMX series will begin on September 9, 2023 after the conclusion of the Pro Motocross season. Points will accumulate from both series to seed the SMX championship, which creates a record number of unified races.

“The SuperMotocross World Championship adds a new dimension to the annual Supercross and Pro Motocross seasons that will result in crowning the ultimate World Champion,” said Stephen C. Yaros, SVP Global Media and Supercross for Feld Motor Sports. “We are thrilled to be extending our relationship with NBC Sports so our fans can watch all the racing action streaming live on Peacock and the option to also watch select rounds on NBC, USA Network and CNBC.”

Complete 2023 coverage schedules for Supercross, Pro Motocross and the SuperMotocross World Championship on Peacock, NBC, USA Network and CNBC will be announced in the near future.