BOSTON (AP) The organization that unsuccessfully tried to bring an IndyCar race to Boston has filed for bankruptcy, saying it has almost $9 million in liabilities and about $60,000 in assets.
Boston Grand Prix said in its bankruptcy filing Tuesday that its liabilities include more than $1.5 million owed to people who bought tickets for the race, which was supposed to be held over the Labor Day weekend.
The tickets went on sale in March, but the race was canceled in April with organizers saying the city was making unreasonable demands. City officials, in turn, said the race course group was disorganized.
Creditors include several former sponsors of the race and the Indianapolis-based national IndyCar organization, which says it is owed $4.2 million.
Boston Grand Prix said it filed for bankruptcy with “deep regret.”
GAINESVILLE, Fla. — Two-time defending NHRA Top Fuel champion Steve Torrence took the points lead Sunday in the AMALIE Motor Oil Gatornationals, beating his father, Billy, in the final round at Gainesville Raceway.
Torrence had a 3.809-second run at 322.11 mph to win for the third time this year and 39th overall. He is now on track for another championship despite missing the season opener.
“We’ve got some good momentum and to be in the points lead, it’s a testament to how hard these guys work,” Steve Torrence said after the NHRA Gainesville victory. “We’ve just got to stay focused and concentrate on what the task at hand is, and that’s trying to win a championship. These guys give me an unbelievable race car and you just try not to screw it up.”
Ron Capps won in Funny Car, Alex Laughlin in Pro Stock and Matt Smith in Pro Stock Motorcycle.
Capps raced to his second win this year and 66th overall, beating Tim Wilkerson with a 3.937 at 323.12 in a Dodge Charger SRT Hellcat.
Laughlin topped Aaron Stanfield with a 7.068 at 204.76 in a Chevrolet Camaro for his first win this season and fourth in his career. Smith rode to his first victory in 2020 and 25th overall, topping Andrew Hines with a 6.843 at 196.99 on an EBR.