Liberty Media President and CEO Greg Maffei

Track News: Who will buy Kalkhoven’s 50% share of Long Beach GP?

–by Mark Cipolloni–

The estate of Kevin Kalkhoven has decided to sell their 50% share of the GP of Long Beach since his death last year. Kevin Kalkhoven’s business partner, Gerald Forsythe, still owns the other 50%.

We have to imagine it is worth a lot of money.

Potential buyers we would imagine:

  1. Roger Penske/Penske Enterprises to ensure it remains an IndyCar race
  2. The France Family who would love to convert it to a NASCAR Cup and IMSA weekend
  3. Liberty Media/Greg Maffei who would likely be genuinely interested in that 4th USGP Formula 1 race.  They entertained a bid from NY City but rejected it.  Long Beach used to be an F1 race and the seaside setting would be right up their alley – the Monaco of the West.
  4. Stephen Ross who is in partners with Liberty Media for the Miami GP
  5. Dan Towriss – Who is in partners with the Andretti’s in IndyCar and soon F1 and has a real interest in motorsports
  6. Mark Walter – Owner of the LA Dodgers and other big sports entities and who is also partners with the Andretti’s effort to have an F1 team
  7. Andretti Acquisitions (WNNR) – a special purpose acquisition company, focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.

Stay tuned to these pages as this should get interesting.


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