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France family might take over Laguna Seca?
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Unread 08-06-2015, 02:59 PM #11
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France family might take over Laguna Seca?
SCRAMP Pushes to Maintain Control of Mazda Raceway Laguna Seca (sportscar365.com)
Quote:
Tony DiZinno | August 6, 2015

The Sports Car Racing Association of the Monterey Peninsula (SCRAMP) has put together a letter pushing to maintain control of Mazda Raceway Laguna Seca, and keep it under local operation.

It comes with the report earlier this summer that the International Speedway Corporation is in talks to take over track operations.

SCRAMP Board President Gregg Curry wrote an open letter addressed to track neighbors and friends, noting the impact of the local presence in comparison to a potential track takeover.

Curry confirmed the ISC negotiations in the letter, however pushed hard to ensure the SCRAMP organization is given an equal and fair opportunity.

More importantly, he also noted the Board of Supervisors has entered into a 90-day due diligence with ISC.

“These closed-session meetings resulted in the Board of Supervisors entering into a 90-day due diligence agreement with International Speedway Corporation (ISC) to take over management and operation of the raceway,” Curry wrote in the letter.

“ISC is a for-profit, publicly traded corporation based in Daytona Beach, Fla., whose primary business is the ownership and management of NASCAR race tracks.

“SCRAMP is requesting a fair and open process where we be given equal consideration to continue to improve and manage operations of Mazda Raceway Laguna Seca and that this process be held in the open with the benefit of public participation and review.”

Curry noted what SCRAMP has done for the track in its more than 50-year history.

“SCRAMP has grown from presenting a single motor sports event in 1957 to annually producing five major events which generate a $200 million economic benefit for Monterey County,” Curry wrote.

“More than 300 local community members annually commit thousands of hours volunteering at Mazda Raceway Laguna Seca for the love of motorsports in Monterey County.

“SCRAMP has invested more than $50 million in the Laguna Seca facility, and we continue to be committed to upgrading Mazda Raceway Laguna Seca to enhance the overall experience for spectators, sponsors, participants and visitors.”

The letter ends with an open plea to contact local Monterey County Supervisors on the matter.

The full letter can be found at this link, here.
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Unread 08-06-2015, 05:17 PM #12
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#&+!@%^?!!!!!!!!!!!
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Unread 09-15-2015, 05:34 PM #13
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France family might take over Laguna Seca?
ISC declines Mazda Raceway Laguna Seca management opportunity (racer.com)
Quote:
Tuesday, 15 September 2015
By Marshall Pruett

More than a year of discussions between the Monterey County Board of Supervisors and International Speedway Corporation (ISC) regarding a management takeover at Mazda Raceway Laguna Seca has ended.

RACER has confirmed through multiple sources that ISC declined the opportunity to submit a formal proposal to promote and manage the renowned road course. RACER has also confirmed SCRAMP, the non-profit organization that has operated the circuit for 57 years, was asked to submit a proposal by the County prior to ISC's withdrawal.

ISC's exit, which wasn't entirely unexpected, could force the County and SCRAMP to continue working together out of necessity, rather than by choice. Based on numerous actions and comments from the Board relating to SCRAMP, both sides would need to work towards mending their longstanding relationship before continuing their partnership.

The rejection from ISC also sends an interesting message to potential suitors interested in taking over Mazda Raceway Laguna Seca on behalf of the County. ISC spent considerable time performing due diligence on the topic and is known to have looked at the earning possibilities as a for-profit business. As the biggest name in race track promotions, ISC's choice to step away from the opportunity could serve as a deterrent to any other promoters considering entering the ring.

It's believed the Board has asked SCRAMP to file its proposal to continue running MRLS by the end of September.
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Unread 09-15-2015, 05:34 PM #14
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France family might take over Laguna Seca?
ISC declines Mazda Raceway Laguna Seca management opportunity (racer.com)
Quote:
Tuesday, 15 September 2015
By Marshall Pruett

More than a year of discussions between the Monterey County Board of Supervisors and International Speedway Corporation (ISC) regarding a management takeover at Mazda Raceway Laguna Seca has ended.

RACER has confirmed through multiple sources that ISC declined the opportunity to submit a formal proposal to promote and manage the renowned road course. RACER has also confirmed SCRAMP, the non-profit organization that has operated the circuit for 57 years, was asked to submit a proposal by the County prior to ISC's withdrawal.

ISC's exit, which wasn't entirely unexpected, could force the County and SCRAMP to continue working together out of necessity, rather than by choice. Based on numerous actions and comments from the Board relating to SCRAMP, both sides would need to work towards mending their longstanding relationship before continuing their partnership.

The rejection from ISC also sends an interesting message to potential suitors interested in taking over Mazda Raceway Laguna Seca on behalf of the County. ISC spent considerable time performing due diligence on the topic and is known to have looked at the earning possibilities as a for-profit business. As the biggest name in race track promotions, ISC's choice to step away from the opportunity could serve as a deterrent to any other promoters considering entering the ring.

It's believed the Board has asked SCRAMP to file its proposal to continue running MRLS by the end of September.
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Unread 09-16-2015, 11:48 AM #15
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France family might take over Laguna Seca?
I was talking to some of the SCRAMP officials in August and there seems to be a lot of animosity towards the County Board. From the one sided viewpoint it seems like the County Board (mainly one member) is out looking for money without the best interest of the track or county non-profit organizations. Looks like the bridge has been burnt down and will take a while to rebuild and may not be full repairable until county board membership changes.

I saw many people wearing pins that state Keep Laguna Seca Local.
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Unread 09-16-2015, 02:06 PM #16
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France family might take over Laguna Seca?
Let me guess, he/she must me a Highway 68 corridor resident...
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Unread 01-10-2017, 06:27 PM #17
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France family might take over Laguna Seca?
So, continuation of status quo, which seems like a good thing, for now.

SCRAMP set for two-year Laguna deal (racer.com)
Quote:
Tuesday, 10 January 2017
Marshall Pruett

Monterey County's board of supervisors is preparing to extend a two-year management contract to the Sports Car Racing Association of the Monterey Peninsula (SCRAMP) to run Laguna Seca.

"We need to get some short-term management in there because the season is coming up," county supervisor Simon Salinas told the Monterey Herald. The Herald report, which stated the International Speedway Corporation (ISC) would also be included in the agreement, is said to be inaccurate.

This decision comes after two years of embarrassing failures by the board to replace SCRAMP as the one and only manager of the legendary facility since it opened in 1957.

The circuitous route pursued by the board, led by outgoing supervisor Dave Potter, began in 2015 with the surprise revelation that replacements were being sought to remove SCRAMP by the end of the year. ISC, part of NASCAR's empire, emerged as the leading candidate to take the reins from SCRAMP, but the track management company ultimately declined the opportunity presented by the board.

Undeterred by its inability to sever ties with SCRAMP, Potter and the board cast a wider net early in 2016 and narrowed the interested parties down to a powerful group of local business leaders united under the "Friends of Laguna Seca" (FLS) banner, a team led by Long Beach Grand Prix founder/promoter Chris Pook named "World Automotive Championship of California," and the unexpected combination of SCRAMP and ISC.

After completing a thorough management and financial forecast document submission, a series of team-by-team interviews, and final review process, the FLS party was announced by the board as its chosen party to take over management responsibilities (and lead a facility-wide upgrade) in October.

The last step in the process – coming to terms with the FLS with a new, long-term management contract for 2017 that would end SCRAMP's tenure, was expected to be completed during the remainder of 2016, but that also failed to happen and had led to the latest development in re-engaging with SCRAMP.

With 2017 having arrived without a new management contract in place with the FLS, the county will look to have SCRAMP sign a new management agreement to run Laguna Seca through the end of 2018.

Of the three groups, FLS stood out as the team with the largest assembly of wealthy and motivated supporters with an interest in making significant investments into the aging Laguna Seca property. Beyond the managerial infrastructure FLS has to offer, the big infusion of cash promised by the team continues to hold considerable interest for the board.

"This will allow more time to seek a longer-term agreement with (an entity that) has adequate resources," supervisor Salinas said of the desired use of SCRAMP/ISC as a stop-gap solution.

Despite the awkward circumstances, SCRAMP will move forward with the board to create a short-term contract to continue managing Laguna Seca.
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Unread 01-11-2017, 12:14 PM #18
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Sure hope they pave all the gravel traps.
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