Catchfence

Catchfence Home > Honda Indy Toronto

Posts Tagged ‘ Honda Indy Toronto ’

Aug 20
Thursday

Andretti Green Racing Shareholders Sign Letter of Intent to Split Off Promotions Business

Filed under Indy Racing League, Press Releases

Andretti Green Racing Logo
Andretti Green Racing Logo
INDIANAPOLIS, Ind. (Aug. 20, 2009) - The shareholders of Andretti Green Racing, Inc., Michael Andretti, Kim Green and Kevin Savoree, announced today that they have executed a letter of intent to split off Andretti Green Promotions and Andretti Green Toronto into a separate company from Andretti Green Racing.

Andretti Green Racing began competing in the Indy Racing League in 2003 and currently fields four fulltime teams in the IndyCar Series and two teams with AFS Racing in Firestone Indy Lights. Andretti Green Racing also campaigns A1 Team USA in the A1GP World Cup of Motorsport. Andretti Green Promotions was formed in 2004, and owns and operates the Honda Grand Prix of St. Petersburg, which served as the 2009 IndyCar Series season-opening event. Andretti Green Toronto owns and operates the Honda Indy Toronto IndyCar Series event which premiered this past July.

The letter of intent is subject to the execution of definitive agreements with an anticipated closing of October 2009. The terms of the letter will not be disclosed. Upon the completion of the transaction, Andretti will wholly own and operate Andretti Green Racing while Green and Savoree will wholly own and operate the promotions business.

JOINT STATEMENT FROM SHAREHOLDERS

MICHAEL ANDRETTI, KIM GREEN AND KEVIN SAVOREE:

“Since becoming partners in 2002, we have been fortunate to see our companies expand and diversify quickly and successfully. All of us believe that this decision will maximize the potential of both companies in the future.”

0

All entries filed under this archive


Ed Carpenter / Vision Racing Rexall Edmonton Indy Preview
Comments - Posted 07.23.09
VISION RACING FACT SHEET Rexall Edmonton Indy - July 26, 2009 Edmonton City Centre Airport - TAKING THE VISION TO EDMONTON: Vision Racing and the IndyCar Series ventures to Edmonton, Alberta, Canada and the Edmonton City Centre Airport for the second time. In the team's debut at the 1.937-mile road course in 2008, ...more»
Forget the track, get these two in the octagon
Comments - Posted 07.14.09
Here's an idea for the folks at World Extreme Cagefighting: Put IndyCar Series drivers Mario Moraes and E.J. Viso against each other as an undercard for your next championship fight. Cross-promotion for both properties on Versus notwithstanding, the sheer spectacle of it would make for entertainment as lively as their antics ...more»
Conquest Racing and Alex Tagliani Dominate in Toronto but Suffer Heartbreak
Comments - Posted 07.12.09
"Untimely yellow costs team top result" TORONTO (July 12, 2009) – They were fast, they were leading and they were dominating, but Conquest Racing and Alex Tagliani also suffered heartbreak at the Honda Indy Toronto today. The team ran in the top two for more than half the race, leading 21 ...more»
Dario Franchitti Takes Points Lead With Honda Indy Toronto Victory
Comments - Posted 07.12.09
TORONTO - Sunday, July 12, 2009 - Dario Franchitti held off Ryan Briscoe to claim his third win of the season at the Honda Indy Toronto on the street of Exhibition Place. Franchitti beat Briscoe to the checkered flag by 1.6745 seconds. Will Power, making his first start since the Indianapolis ...more»
HVM Racing / E.J. Viso Honda Indy Toronto Race Report
Comments - Posted 07.12.09
HVM Racing Honda Indy Toronto Race Report Venue: Streets of Toronto, 1.77-mile temporary street course, Toronto, Ontario No. 13 PDVSA HVM Racing Honda Dallara - E.J. Viso Starting Position: 16th Finishing Position: 13th Notes: - HVM Racing’s second Top-10 finish of the season was in sight with just 13 laps remaining in Sunday’s Honda Indy ...more»
Dan Wheldon Comes Home 14th in Accident-Riddled Honda Indy Toronto
Comments - Posted 07.12.09
"Early Incident with Antinucci Causes Rear Wing Damage, Panther to Lose a Lap" TORONTO - (July 12, 2009) – Panther Racing driver Dan Wheldon was nearly taken out in the first of what turned out to be a plethora of accidents Sunday in the Honda Indy Toronto but rebounded to finish ...more»
Ed Carpenter Perseveres To 15th Place Debut In Toronto
Comments - Posted 07.12.09
TORONTO, Ontario, Canada (July 12, 2009) - Starting from the 19th spot on the grid in his debut on the streets of Toronto, Ontario, Canada, Vision Racing's Ed Carpenter held on and persevered through a wild and exciting Honda Indy Toronto behind the wheel of the No. 20 William Rast ...more»
Michael Andretti optimistic he can retain popular driver Patrick at season’s end
Comments - Posted 07.11.09
Michael Andretti believes Danica Patrick will be a part of his team next season - and beyond. Patrick will be one of the most sought-after free agents in racing when her contract with Andretti Green Racing expires at the end of the season. The 2005 Indy Racing League rookie of the ...more»
Sears Canada/CRAFTSMAN®, Hyatt Regency Toronto on King and The Keg Steakhouse and Bar to Partner with Conquest Racing and Alex Tagliani in Toronto
Comments - Posted 07.10.09
TORONTO (July 10, 2009) – Conquest Racing announced today the addition of three partners for this weekend’s Honda Indy Toronto. Sears/CRAFTSMAN, the Hyatt Regency Toronto on King and The Keg Steakhouse and Bar will be featured on the #34 car driven by Canadian Alex Tagliani. “It’s with great pleasure that we ...more»
Mario Moraes Honda Indy Toronto Preview
Comments - Posted 07.10.09
MARIO MORAES #5 AZUL – VOTORANTIM - KV RACING TECHNOLOGY HONDA/DALLARA/FIRESTONE Honda Indy Toronto – July 10 – 12th, 2009 Mario Moraes will be making his first start in Toronto this weekend. He is coming off a mixed weekend at Watkins Glen. Moraes qualified a career high fourth but finished 14th ...more»
Ryan Hunter-Reay: No. 14 ABC Supply Dallara/Honda/Firestone Toronto Preview
Comments - Posted 07.09.09
Notes & Quotes: Honda Indy Toronto Ryan Hunter-Reay: No. 14 ABC Supply Dallara/Honda/Firestone · Ryan Hunter-Reay on Toronto: “Toronto is similar to Long Beach and St Petersburg. We have to get the car working out of some of the tight corners and onto the ...more»
Ed Carpenter / Vision Racing Takes to the Streets of Toronto
Comments - Posted 07.09.09
VISION RACING FACT SHEET Honda Indy Toronto - July 12, 2009 Streets of Toronto - TAKING THE VISION TO TORONTO: Vision Racing and the IndyCar Series ventures to Toronto, Ontario, Canada and its city streets for the first time. The team's best road and street course finish came earlier this year on the ...more»
KV Racing Technology’s Paul Tracy And Mario Moraes Look To Have Strong Performances At Honda Indy Toronto
Comments - Posted 07.08.09
TORONTO, ONTARIO, CANADA – JULY 8, 2009 -- Round #10, 2009 IndyCar Series season – KV Racing Technology drivers Paul Tracy and Mario Moraes will both be looking to have strong performances this weekend at the Honda Indy Toronto, July 10-12, on the streets of Toronto, Ontario, Canada. Tracy, #15 Ontario ...more»
Conquest Racing and TAG Back in Action on the Streets of Toronto
Comments - Posted 07.08.09
INDIANAPOLIS (July 8, 2009) – The following is a series of stats, notes and quotes from Conquest Racing for this weekend’s Honda Indy Toronto. Honda Indy Toronto Streets of Toronto, 1.75-mile, 11-turn street course July 10 - 12, 2009, Race #10 of 17 Race Distance: 80 laps Live Broadcast: (US) ABC 1:00 p.m. ...more»
Target Chip Ganassi Racing Honda Indy Toronto Advance Notes
Comments - Posted 07.08.09
Race: Honda Indy Toronto, July 12 (1:00 PM ET, ABC) Track: Streets of Toronto (1.755-mile street circuit) Location: Toronto, Ontario, Canada NOTES/NEWS Thoughts on Toronto with TCGR Managing Director ...more»
Page 1 of 212


© 2010 Catchfence. All rights reserved.

NASCAR® is a registered trademark owned by National Association for Stock Car Auto Racing, Inc. The operator of this website is not affiliated with, endorsed by, or sponsored by the NASCAR® organization.
The Official NASCAR® website is NASCAR® ONLINE(sm) at www.nascar.com