View Single Post
      06-04-2014, 09:22 AM   #14
Sebringjetta
Brigadier General
Sebringjetta's Avatar
United_States
313
Rep
3,675
Posts

Drives: E46m3
Join Date: Mar 2011
Location: Sacramento

iTrader: (39)

Quote:
Originally Posted by KingOfJericho View Post
According to Wiki:
Controversy
Along with the closing of the commercial center of downtown Baltimore for track preparation, trees were removed from city streets, spawning a court case.[9] Also, the Baltimore Brew identified $42,400 in campaign contributions over the last 4 years to Mayor Stephanie Rawlings-Blake and other political officials from investors and businesses that stood to gain from the race being held.[10]
After its inaugural run, it was reported that the race failed to bring as much economic activity to Baltimore as had been promised[11] and that Baltimore Racing Development has had difficulties paying monies owed to local businesses[12] and the state, the latter resulting in a $567,000 tax lien being filed.[13] With Baltimore Racing Development $3 million in debt, including nearly $1.2 million owed to Baltimore City, the city terminated their contract with BRD at the end of 2011. This meant the race would only take place again if both the city and IndyCar approved a new organizer. IndyCar officials have expressed hope that a new organizer will be found.[3] The city of Baltimore announced on February 10, 2012 that a five-year deal with race organizer Downforce Racing, LLC was being finalized and would be presented to the city Board of Estimates February 22.[14] The new contract includes provisions such as a $3 per ticket surcharge for city services to reduce the risk of unpaid fees to the city.[4]
wow...good find!!!!!!!!!
__________________
Appreciate 0