Downtown loses Las Vegas Grand Prix for 2008
If you enjoyed the Las Vegas Grand Prix back in April, I’m sorry to have to tell you that the event won’t be repeated next year. Champ Car World Series did not include Las Vegas in its 2008 schedule, which was released yesterday.
According to an article in the Review Journal, Phoenix-bassed DDB Ventures, which promoted the Vegas Grand Prix, cancelled a racing event that was to take place in Phoenix this December. The promotion company suffered undisclosed financial losses at the Las Vegas race.
Jim Fruedenberg, the president and chief executive for the Vegas Grand Prix, has left DDB and has been working on his own to find a promoter for a possible return to Vegas in 2009.
Read the full RJ story here.
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