Speedway eliminates Formula One race
Thursday, July 12th, 2007Via the Indy Star…
A stormy eight-year relationship between Indianapolis Motor Speedway and Formula One ended today with the announcement the international racing series would not return in 2008.
IMS chairman Tony George and F-1 boss Bernie Ecclestone could not reach an agreement on a sanctioning fee to continue the U.S. Grand Prix. George had set today as a deadline for a new contract.
As long as the pompous Ecclestone is in charge of F1, that is fine by me. I have never been to an F1 event as it just doesn’t make a whole lot of sense to me (parade “racing” and team “racing”) and I think a lot of Americans are in the same boat. The main downside is that it will lose the city quite a bit of business for that week, but hey, we’re building a bigger and better convention center, right? And next year the MotoGP comes to town, so that should help out and hopefully that will be a bit better than the GP car racing.





