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Daytona cuts the ribbon on Daytona Rising (VIDEO)

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DAYTONA BEACH, Fla. – DAYTONA RISING, the newest attraction at Daytona International Speedway and the result of a $400 million investment in a new grandstand complex to create a motorsports stadium, is officially open for business.

Lesa France Kennedy and Jim France were present at a ribbon-cutting ceremony Wednesday at the track, in the center injector area, which sees the Rolex 24 at Daytona kick off the North American road racing season.

The video, as posted by Daytona on Twitter, is below:

The new assembly replaces the old grandstands, with new suites and a new press box among the highlights of the construction project.

MotoGP points leader Fabio Quartararo scores third win of season

MotoGP Fabio Quartararo
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Fabio Quartararo won the Catalan Grand Prix, recapturing the MotoGP points lead and his championship momentum Sunday with his third victory of the season.

Quartararo, who opened the season with his first two career victories in the premier series, took his first checkered flag in two months by winning at the Circuit de Barcelona-Catalunya aboard his Petronas Yamaha SRT.

The French rider opened an eight-point lead (108-100) over Joan Mir, who finished second Sunday. Alex Rins was third.

After winning the previous race, Maverick Vinales slipped to 18 points behind Quartararo after a ninth-place finish.

Andrea Dovizioso was the points leader entering the race but crashed his Ducati in the second turn and placed last. Dovizioso fell three spots to fourth in the championship rankings, 24 points behind Fabio Quartararo in MotoGP.