Needs a sponsor... I seem to remember Steelback pitching in something in that neighbourhood. Hopefully they are looking more in that direction than the city's, because this city council is pinko-left-wing to the extreme. Can't see them propping up a race.Andretti might buy T.O. race -- if government chips in
Michael Andretti's potential purchase of the Grand Prix of Toronto is in jeopardy unless municipal, provincial and federal governments can come up with a $2-million aid package to make event viable again, numerous sources have told Sun Media.
"When AGR did their due diligence they discovered that the race was running a deficit of about $2 million a year," a source close to the group said. "AGR has told Toronto officials that they would want that deficit covered before agreeing to take over the event."