Catchfence

“Given the unprecedented challenging economic conditions facing all businesses, we at Richmond International Raceway, in partnership with our parent company International Speedway Corporation, have been closely reviewing our portfolio of events. Key factors of the review include prioritization of promotional spends, track resources and efforts, along with fan and industry feedback.

“After reviewing those key factors and due to increases in cost, including IndyCar Series fees to host an event, we have made the decision, in conjunction with ISC, to not host the IndyCar event at Richmond International Raceway in 2010. This was a very difficult decision but given all the factors considered, one that we’re confident will help us to continue providing the best entertainment for our guests, while at the same time meet immediate needs to position Richmond for long-term success.

“The IndyCar Series is a high-quality racing series and we have enjoyed hosting them at Richmond International Raceway. The series puts on good shows all over the world, but here at Richmond we just didn’t have the racing that our fans have come to expect. Nonetheless, the IndyCar Series continues to run entertaining events at other venues and we wish them all the best for the future.”

- Richmond International Raceway, Press Release